Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
As the ASX200 navigates a slight downturn at the start of the new financial year, with particular pressure on the IT sector, investors might look towards more resilient investment opportunities. Amidst varying sector performances and economic stimuli affecting materials and energy stocks, dividend-paying stocks such as Commonwealth Bank of Australia could offer a degree of stability and potential income in uncertain times.
Top 10 Dividend Stocks In Australia
NameDividend YieldDividend RatingCollins Foods (ASX:CKF)3.11%★★★★★☆Lindsay Australia (ASX:LAU)6.59%★★★★★☆Nick Scali (ASX:NCK)5.22%★★★★★☆Fiducian Group (ASX:FID)4.02%★★★★★☆Fortescue (ASX:FMG)9.17%★★★★★☆Centuria Capital Group (ASX:CNI)7.12%★★★★★☆Eagers Automotive (ASX:APE)7.09%★★★★★☆Premier Investments (ASX:PMV)4.49%★★★★★☆Charter Hall Group (ASX:CHC)3.92%★★★★★☆Diversified United Investment (ASX:DUI)3.17%★★★★★☆