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
WAMWAM CapitalDiversified Financials 14.754,966.1%135.82%24221.171.44x
CUPCountplusCommercial & Professional Services 8100.0%14.29%8012.131.52x
DWSDWSSoftware & Services 10100.0%11.07%129131.30x
SMXSMS ManagementSoftware & Services 9.5100.0%10.17%133.514.11.48x
TWDTamawoodConsumer Durables & Apparel 26100.0%10.09%36831.491.21x
CQRCharter Hall Ret REITReal Estate 42.20.0%9.81%43045.651.08x
EPWERM PowerUtilities 120.0%9.49%126.514.631.22x
FXLFlexiGroupDiversified Financials 14.5100.0%9.46%21914.51.00x
TGAThorn GrpRetailing 11.5100.0%8.81%186.512.751.11x
TLSTelstra CorpTelecommunication Services 31100.0%8.79%50447.371.53x
PTMPlatinum AssetDiversified Financials 32100.0%8.71%52534.241.07x
MMSMcMillan ShakesprCommercial & Professional Services 63100.0%8.54%105499.41.58x
CMWCromwell PropReal Estate 8.40.0%8.44%99.518.862.25x
WBCWestpac BankingBanks 188100.0%8.23%3264224.61.19x
WAXWAM ResearchDiversified Financials 8.75100.0%8.09%154.515.31.75x
CWNCrown ResortsConsumer Services 72.560.9%7.98%1145130.261.80x
JINJumbo InteractiveConsumer Services 8.5100.0%7.96%152.510.61.25x
MNDMonadelphous GrpCapital Goods 60100.0%7.79%110071.771.20x
DTLData#3Software & Services 8100.0%7.72%1488.981.12x
FSAFSA GrpDiversified Financials 7100.0%7.69%13010.781.54x
BENBendigo&Adelaide BkBanks 68100.0%7.66%126990.41.33x
ANZANZ Banking GrpBanks 160100.0%7.44%3073197.41.23x
CABCabcharge AustCommercial & Professional Services 20100.0%7.42%38521.31.07x
KMDKathmandu HldgsRetailing 10.3565.5%7.36%18015.651.51x
TCOTransmetro CorpConsumer Services 5100.0%7.36%976.711.34x
PPGPro-Pac PackagingMaterials 2.5100.0%7.36%48.53.011.20x
MLDMACAMaterials 8.5100.0%7.31%16610.41.22x
CBACwlth Bank of AustBanks 421100.0%7.29%8250542.51.29x
SVWSeven GrpCapital Goods 40100.0%7.25%788601.50x
CLTCellnet GrpTechnology Hardware & Equipment 1.25100.0%7.14%253.32.64x
SIVSilver ChefCapital Goods 42100.0%7.03%85468.91.64x
CLXCTI LogisticsTransportation 4100.0%6.72%8530.27.55x
AUIAust United InvestDiversified Financials 34100.0%6.40%75935.21.04x
WAAWAM ActiveDiversified Financials 5100.0%6.27%1148.671.73x
GOZGrowthpoint PropReal Estate 20.90.0%6.22%33638.91.86x
CCLCoca-Cola AmatilFood44.575.0%5.92%99353.41.20x
WLLWellcom GrpCommercial & Professional Services 22.5100.0%5.92%54328.331.26x
ABPAbacus Prop GrpReal Estate 17.250.0%5.79%29833.511.94x
JBHJB Hi-FiRetailing 109100.0%5.70%2730153.761.41x
BKLBlackmoresHousehold & Personal Products 410100.0%5.68%10317580.61.42x
RFGRetail Food GrpConsumer Services 27.5100.0%5.65%69537.41.36x
NVTNavitasConsumer Services 19.3100.0%5.65%488241.24x
BWPBWP TrReal Estate 17.1-1.4%5.61%30348.342.83x
AUBAUB GrpInsurance 40100.0%5.35%106966.61.67x
CDPCarindale PropReal Estate 39.710.0%5.34%74370.551.78x
SAISAI Global17100.0%5.12%47424.91.46x
TGRTassal GrpFood1587.5%5.11%40432.952.20x
APEAP EagersRetailing 33100.0%5.09%92649.31.49x
BKWBrickworksMaterials 48100.0%5.07%135352.61.10x
RWHRoyal WolfCommercial & Professional Services 5100.0%4.89%1467.91.58x
UOSUtd Overseas AustReal Estate 30.0%4.84%6211.083.69x
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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.