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.



<<   <   Page 1 of 2   >   >> 
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 7100.0%12.50%8012.131.73x
DWSDWSSoftware & Services 10100.0%11.07%129131.30x
TWDTamawoodConsumer Durables & Apparel 26100.0%10.09%36831.491.21x
CLXCTI LogisticsTransportation 5.75100.0%9.66%8530.25.25x
MMSMcMillan ShakesprCommercial & Professional Services 65100.0%8.81%105499.41.53x
TGAThorn GrpRetailing 11.5100.0%8.81%186.512.751.11x
TLSTelstra CorpTelecommunication Services 31100.0%8.79%50447.371.53x
EPWERM PowerUtilities 9.536.8%8.70%126.514.631.54x
DTLData#3Software & Services 8.85100.0%8.54%1488.981.01x
CMWCromwell PropReal Estate 8.40.0%8.44%99.518.862.25x
PTMPlatinum AssetDiversified Financials 31100.0%8.44%52534.241.10x
WBCWestpac BankingBanks 188100.0%8.23%3264224.61.19x
WAXWAM ResearchDiversified Financials 8.75100.0%8.09%154.515.31.75x
JINJumbo InteractiveConsumer Services 8.5100.0%7.96%152.510.61.25x
MLDMACAMaterials 9100.0%7.75%16610.41.16x
FSAFSA GrpDiversified Financials 7100.0%7.69%13010.781.54x
BENBendigo&Adelaide BkBanks 68100.0%7.66%126990.41.33x
SKTSky Network TVMedia 31.340.0%7.44%42135.941.15x
ANZANZ Banking GrpBanks 160100.0%7.44%3073197.41.23x
KMDKathmandu HldgsRetailing 10.3565.5%7.36%18015.651.51x
PPGPro-Pac PackagingMaterials 2.5100.0%7.36%48.53.011.20x
TCOTransmetro CorpConsumer Services 5100.0%7.36%976.711.34x
CBACwlth Bank of AustBanks 421100.0%7.29%8250542.51.29x
MNDMonadelphous GrpCapital Goods 56100.0%7.27%110071.771.28x
SVWSeven GrpCapital Goods 40100.0%7.25%788601.50x
FXLFlexiGroupDiversified Financials 11.1100.0%7.24%21914.51.31x
CLTCellnet GrpTechnology Hardware & Equipment 1.25100.0%7.14%253.32.64x
SNDSaunders IntlCapital Goods 3100.0%7.03%613.681.23x
CSVCSGSoftware & Services 50.0%6.90%72.55.81.16x
WAAWAM ActiveDiversified Financials 5.25100.0%6.58%1148.671.65x
AUIAust United InvestDiversified Financials 34100.0%6.40%75935.21.04x
SIVSilver ChefCapital Goods 37.9100.0%6.34%85468.91.82x
BYIBeyond IntlMedia 73.1%6.33%1128.671.24x
GOZGrowthpoint PropReal Estate 20.90.0%6.22%33638.91.86x
CCLCoca-Cola AmatilFood4675.0%6.12%99353.41.16x
WLLWellcom GrpCommercial & Professional Services 23100.0%6.05%54328.331.23x
RFGRetail Food GrpConsumer Services 29.25100.0%6.01%69537.41.28x
ABPAbacus Prop GrpReal Estate 17.250.0%5.79%29833.511.94x
JBHJB Hi-FiRetailing 109100.0%5.70%2730153.761.41x
NVTNavitasConsumer Services 19.3100.0%5.65%488241.24x
BWPBWP TrReal Estate 17.1-1.4%5.61%30348.342.83x
AUBAUB GrpInsurance 40.5100.0%5.41%106966.61.64x
APEAP EagersRetailing 35100.0%5.40%92649.31.41x
CDPCarindale PropReal Estate 39.710.0%5.34%74370.551.78x
TGRTassal GrpFood15100.0%5.30%40432.952.20x
SAISAI Global17100.0%5.12%47424.91.46x
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
SMXSMS ManagementSoftware & Services 4.5100.0%4.82%133.514.13.13x
<<   <   Page 1 of 2   >   >> 

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.