The Australian market recently saw the ASX200 closing down 0.48% at 7,749 points, with sectors like Staples and Discretionary leading the decline, while Real Estate managed a slight gain. In this fluctuating environment, dividend stocks can offer investors a measure of stability and income potential; selecting those with strong fundamentals and attractive yields is crucial for navigating current market conditions.
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Amotiv Limited, with a market cap of A$1.27 billion, operates through its subsidiaries to manufacture, import, distribute, and sell automotive products across Australia, New Zealand, Thailand, South Korea, France, and the United States.
Operations: Amotiv Limited’s revenue is primarily derived from three segments: Powertrain & Undercar (A$322.90 million), Lighting Power & Electrical (A$329.97 million), and 4WD Accessories & Trailering (A$345.41 million).
Dividend Yield: 4.4%
Amotiv Limited’s dividend payments have been volatile over the past decade, though they have increased overall. The company recently declared a fully franked interim dividend of A$0.185 per share. Despite a reasonable payout ratio of 70.1% and cash payout ratio of 45.5%, suggesting dividends are well-covered by earnings and cash flow, its yield is lower than top-tier Australian dividend payers. Recent board changes may enhance governance, potentially impacting future financial performance positively.
ASX:AOV Dividend History as at Mar 2025
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: JB Hi-Fi Limited is a retailer of home consumer products with a market cap of A$9.51 billion.
Operations: JB Hi-Fi Limited’s revenue segments include A$6.87 billion from JB Hi-Fi Australia, A$2.81 billion from The Good Guys, and A$331.40 million from JB Hi-Fi New Zealand.
Dividend Yield: 3%
JB Hi-Fi’s dividend payments have been volatile but show overall growth over the past decade. The company declared a fully franked interim dividend of A$1.70 per share, reflecting a 7.6% increase and representing 65% of net profit after tax. With a payout ratio of 64.9% and cash payout ratio at 40.8%, dividends are well-covered by earnings and cash flow, though the yield remains below top-tier Australian dividend payers.
ASX:JBH Dividend History as at Mar 2025
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Kina Securities Limited operates in Papua New Guinea offering commercial banking, financial services, fund administration, investment management, and share brokerage with a market cap of A$309.55 million.
Operations: Kina Securities Limited generates revenue primarily from its Banking & Finance segment, contributing PGK 443.00 million, and its Wealth Management services, which add PGK 47.92 million.
Dividend Yield: 9.6%
Kina Securities offers a high dividend yield of 9.56%, placing it among the top 25% of Australian dividend payers. The payout ratio is sustainable at 73.2%, with future coverage expected to improve slightly to 68.5%. However, its dividends have been volatile over the past nine years, reflecting an unstable track record. Recent executive changes include the permanent appointment of Ivan Vidovich as CEO, which may influence future strategic directions and potentially impact dividend stability.
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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:AOV ASX:JBH and ASX:KSL.
