๐๐๐When looking for Australian stocks that pay great dividends, I look for those that have wide moats, are profitable, have a excellent balance sheet and great management.
is my Top Pick as it is a market leader in iron ore but it is also diversified into copper, nickel, gold too. Even though Iron ore prices have weakened, BHP will continue to be resilient as China is reopening its economy.
$TELSTRA CORPORATION LIMITED.(TLS.AU)$ is the market leader in telecommunications in Australia with 50% of the mobile phone markets and extensive networks.
I am also bullish on $Suncorp(SUN.AU)$ as it has signed a S&P agreement to be acquired by $AUST AND NZ BANKING GROUP(ANZ.AU)$ in 7/22 for AUD 4.9 billion. Shareholders will reap a windfall profit of AUD 3.21 per share if authorities approve the deal.
These are my Top 3 Dividend Stocks. Not only do they pay great dividends but they have lots of upside capital growth potential ahead.
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