Safe Dividend Shares

Dividend paying stocks are currently in high demand. This is due to the low yields available on alternative, low risk investments. The return of many fully franked, high yielding shares is almost twice the return on currently available term deposits.

But just how safe are these high yielding shares. A good start it to look at the history of annual dividend payments. A steady pattern of gradually increasing dividends without any large dividend falls or missed payments over a long period is ideally what we are looking for.

To be able to pay reliable dividends – year in, year out, companies must maintain or even increase profitability and maintain a reasonable, but not excessive payout ratio.



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Stock Company Sector Dividend
(cents)
Franking Yield Price
(cents)
Earnings
per Share
(cents)
Dividend
Cover
Star Rating
CWNCrown ResortsConsumer Services 14360.0%15.39%1168270.91.89x
TLSTelstra CorpTelecommunication Services 31100.0%12.58%35232.51.05x
PRTPrime Media GrpMedia 3.4100.0%12.30%39.59.92.91x
DWSDWSSoftware & Services 10100.0%9.99%14313.41.34x
TGAThorn GrpRetailing 8100.0%9.85%11616.382.05x
EZLEurozDiversified Financials 7.25100.0%9.77%10612.31.70x
REXRegional ExpressTransportation 10100.0%9.46%15111.71.17x
RFGRetail Food GrpConsumer Services 29.75100.0%9.28%45835.71.20x
TWDTamawoodConsumer Durables & Apparel 27100.0%9.27%41635.461.31x
CDMCadence CapitalNot Applic 8100.0%8.93%12813.51.69x
DDRDicker DataTechnology Hardware & Equipment 16.25100.0%8.89%26116.281.00x
TCNTechnicheDiversified Financials 0.350.0%8.75%40.381.09x
CMWCromwell PropReal Estate 8.3450.3%8.48%98.515.791.89x
BENBendigo&Adelaide BkBanks 68100.0%8.34%116590.91.34x
WBCWestpac BankingBanks 188100.0%8.14%3300229.11.22x
CBACwlth Bank of AustBanks 429100.0%7.99%7666577.61.35x
SULSuper Retail GrpRetailing 46.5100.0%7.96%83551.61.11x
CDACodanTechnology Hardware & Equipment 13100.0%7.64%24324.61.89x
ANZANZ Banking GrpBanks 160100.0%7.60%3006202.81.27x
WLLWellcom GrpCommercial & Professional Services 23100.0%7.24%45427.121.18x
JBHJB Hi-FiRetailing 118100.0%7.19%2346154.31.31x
CQRCharter Hall Ret REITReal Estate 28.10.0%7.10%39661.922.20x
KMDKathmandu HldgsRetailing 12.058964.8%7.03%21917.771.47x
FXLFlexiGroupDiversified Financials 7.7100.0%6.98%157.523.43.04x
SIVSilver ChefCapital Goods 38100.0%6.89%78855.31.46x
AYFAust EnhancedNot Applic 3543.3%6.82%608601.71x
PPGPro-Pac PackagingMaterials 2100.0%6.80%422.111.06x
TCOTransmetro CorpConsumer Services 5100.0%6.77%105.55.841.17x
FSAFSA GrpDiversified Financials 7100.0%6.71%14912.081.73x
DTLData#3Software & Services 8.9100.0%6.71%189.59.991.12x
WAAWAM ActiveDiversified Financials 5.5100.0%6.69%117.55.71.04x
GOZGrowthpoint PropReal Estate 21.50.0%6.53%32942.71.99x
APEAP EagersRetailing 35.5100.0%6.51%77954.61.54x
MMSMcMillan ShakesprCommercial & Professional Services 66100.0%6.25%150981.61.24x
GLBGlobe IntlConsumer Durables & Apparel 5100.0%6.24%114.512.252.45x
LYLLycopodiumCapital Goods 18100.0%6.06%42425.91.44x
PTMPlatinum AssetDiversified Financials 30100.0%6.06%70731.741.06x
AUIAust United InvestDiversified Financials 34100.0%5.85%83035.71.05x
BWPBWP TrReal Estate 17.48-0.4%5.80%30134.841.99x
NVTNavitasConsumer Services 19.5100.0%5.72%48722.11.13x
MLDMACAMaterials 9100.0%5.71%22513.721.52x
CLTCellnet GrpTechnology Hardware & Equipment 1.2523.4%5.50%253.93.12x
TGRTassal GrpFood15100.0%5.45%39337.282.49x
BKWBrickworksMaterials 51100.0%5.40%1350124.92.45x
CDPCarindale PropReal Estate 40.20.0%5.17%77763.291.57x
OZFSPDR 200 Financials102.40516.1%5.17%2119369.823.61x
CLXCTI LogisticsTransportation 3.5100.0%5.08%98.58.822.52x
QFNBetaShares Financials59.50990.0%5.07%1174219.323.69x
GXLGreencrossRetailing 19100.0%4.99%54436.211.91x
MNYMoney3Diversified Financials 5.65100.0%4.98%16218.813.33x
CGRCML GrpCommercial & Professional Services 1.25100.0%4.96%361.921.54x
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Disclaimer
The information provided on this website is for use of a general nature only and is not intended to be relied upon as, nor to be a substitute for, specific professional or investment advice. The team at Dividends.com.au are not lawyers, financial planners, investment advisers, or accountants. So, before taking any action or risking any money, you should always check with your own qualified professional advisers.