As the Australian market gears up for a potentially volatile week with over 80 companies set to release their quarterly reports, investors are keeping a close eye on the ASX, which is poised for gains and nearing record levels. In such dynamic conditions, dividend stocks can offer stability and income potential; here are three ASX dividend stocks worth watching, offering yields of up to 5.4%.
Top 10 Dividend Stocks In Australia
| Name |
Dividend Yield |
Dividend Rating |
| Vita Life Sciences (ASX:VLS) |
3.77% |
★★★★★☆ |
| Super Retail Group (ASX:SUL) |
6.73% |
★★★★★☆ |
| Sugar Terminals (NSX:SUG) |
8.56% |
★★★★★☆ |
| Steadfast Group (ASX:SDF) |
4.58% |
★★★★★☆ |
| Smartgroup (ASX:SIQ) |
6.12% |
★★★★★☆ |
| MFF Capital Investments (ASX:MFF) |
4.29% |
★★★★★☆ |
| Kina Securities (ASX:KSL) |
7.47% |
★★★★★☆ |
| GWA Group (ASX:GWA) |
5.92% |
★★★★★☆ |
| Fiducian Group (ASX:FID) |
4.49% |
★★★★★☆ |
| Accent Group (ASX:AX1) |
7.95% |
★★★★★☆ |
Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Cedar Woods Properties
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Cedar Woods Properties Limited is an Australian company that develops and invests in properties, with a market cap of A$666.14 million.
Operations:Cedar Woods Properties Limited generates revenue of A$465.94 million from its property development and investment activities in Australia.
Dividend Yield:3.7%
Cedar Woods Properties has upgraded its earnings guidance for 2026, anticipating a record profit that could support increased dividends. While dividends are covered by both earnings (49.7% payout ratio) and cash flows (72.8% cash payout ratio), the dividend yield of 3.7% is modest compared to top Australian payers. Despite past volatility in dividend payments, Cedar Woods offers good value relative to peers, trading significantly below estimated fair value with strong sales volumes reported recently.
Lindsay Australia
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Lindsay Australia Limited, with a market cap of A$253.73 million, offers integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia.
Operations:Lindsay Australia Limited generates revenue through its key segments: Rural (A$168.12 million), Hunters (A$110.37 million), and Transport (A$586.41 million).
Dividend Yield:5.5%
Lindsay Australia's dividend payments, while volatile over the past decade, are currently well covered by both earnings (68.8% payout ratio) and cash flows (26% cash payout ratio). Despite a lower-than-top-tier yield of 5.47%, dividends have increased over the past 10 years. The stock is trading at a significant discount to its estimated fair value, suggesting potential upside, though shareholders faced dilution recently. Earnings growth is forecasted at 18.65% annually.
Peet
Simply Wall St Dividend Rating:★★★★☆☆
Overview:Peet Limited acquires, develops, and markets residential land in Australia with a market cap of A$912.91 million.
Operations:Peet Limited's revenue segments include Funds Management (A$56.39 million), Joint Arrangements (A$51.88 million), and Company Owned Projects (A$313.24 million).
Dividend Yield:5.1%
Peet's dividend payments, though volatile and unreliable over the past decade, are well covered by earnings (62.1% payout ratio) and cash flows (44% cash payout ratio). Despite a lower-than-top-tier yield of 5.13%, dividends have grown over the last 10 years. The stock trades significantly below its estimated fair value, offering potential upside, but investors should note its high debt levels and instability in dividend history.
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Click here to discover the nuances of Peet with our detailed analytical dividend report.
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Our valuation report here indicates Peet may be undervalued.
Key Takeaways
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ASX:CWP ASX:LAU and ASX:PPC.
This article was originally published by Simply Wall St .
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