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
CUPCountplusCommercial & Professional Services 5100.0%13.61%52.58.051.61x
CWNCrown ResortsConsumer Services 143-1.5%12.08%1176270.91.89x
EZLEurozDiversified Financials 7.25100.0%10.06%10311.581.60x
PPGPro-Pac PackagingMaterials 2.5100.0%9.65%372.511.00x
TWDTamawoodConsumer Durables & Apparel 26100.0%9.40%395361.38x
TGAThorn GrpRetailing 8100.0%9.22%12416.382.05x
CMWCromwell PropReal Estate 8.340.4%8.94%93.516.381.96x
WBCWestpac BankingBanks 188100.0%8.34%3221229.11.22x
RFGRetail Food GrpConsumer Services 29.25100.0%8.29%50439.41.35x
WLLWellcom GrpCommercial & Professional Services 23100.0%7.64%43029.11.27x
ANZANZ Banking GrpBanks 160100.0%7.62%3001202.81.27x
SULSuper Retail GrpRetailing 43100.0%7.59%80946.71.09x
MLDMACAMaterials 9100.0%7.22%17812.181.35x
DTLData#3Software & Services 8.85100.0%7.16%176.59.921.12x
CQRCharter Hall Ret REITReal Estate 28.10.0%7.15%39361.922.20x
FSAFSA GrpDiversified Financials 7100.0%6.92%144.512.021.72x
TCOTransmetro CorpConsumer Services 5100.0%6.77%105.56.321.26x
AYFAust EnhancedNot Applic 3541.2%6.75%610601.71x
KMDKathmandu HldgsRetailing 11.350559.3%6.65%21416.171.42x
CDACodanTechnology Hardware & Equipment 10100.0%6.64%21517.91.79x
GOZGrowthpoint PropReal Estate 21.50.0%6.64%32434.41.60x
MMSMcMillan ShakesprCommercial & Professional Services 65100.0%6.36%1461100.891.55x
SIVSilver ChefCapital Goods 37.9100.0%6.32%85748.931.29x
APEAP EagersRetailing 35100.0%6.03%82955.41.58x
BWPBWP TrReal Estate 17.48-0.4%5.96%29334.841.99x
MNDMonadelphous GrpCapital Goods 56100.0%5.71%140061.91.11x
TLSTelstra CorpTelecommunication Services 31-66.7%5.68%39032.51.05x
IHDiShares S&P High Div76.46290.0%5.55%1378101.811.33x
LYLLycopodiumCapital Goods 13100.0%5.54%33519.91.53x
TGRTassal GrpFood15100.0%5.54%38734.342.29x
BKWBrickworksMaterials 49100.0%5.28%132670.61.44x
OZFSPDR 200 Financials102.40516.1%5.24%2088172.311.68x
AVGAust VintageFood1.5100.0%5.23%412.451.63x
BKLBlackmoresHousehold & Personal Products 340100.0%5.22%9297465.61.37x
QFNBetaShares Financials59.50990.0%5.13%115984.711.42x
CDPCarindale PropReal Estate 40.20.0%5.10%78990.812.26x
ABPAbacus Prop GrpReal Estate 17.50.0%5.07%34549.912.85x
GLBGlobe IntlConsumer Durables & Apparel 3100.0%4.93%8710.423.47x
MNYMoney3Diversified Financials 5100.0%4.89%14615.573.11x
ILCiShares S&P/ASX 20112.9740.0%4.86%2326208.571.85x
UOSUtd Overseas AustReal Estate 30.0%4.84%6212.774.26x
SVWSeven GrpCapital Goods 40100.0%4.80%119147.161.18x
ONT1300 SmilesHealth Care Equipment & Services 22.75100.0%4.70%69230.911.36x
BTTBT Invest MgtDiversified Financials 4332.8%4.69%104554.11.26x
DWSDWSSoftware & Services 10-66.7%4.64%15413.41.34x
AUBAUB GrpInsurance 40.5100.0%4.60%1259481.19x
CDMCadence CapitalNot Applic 8-66.7%4.46%12813.51.69x
GXLGreencrossRetailing 19100.0%4.37%62132.941.73x
GBTGBST HldgsSoftware & Services 9.2100.0%4.20%31316.91.84x
RWHRoyal WolfCommercial & Professional Services 5.15100.0%4.16%1776.21.20x
JBHJB Hi-FiRetailing 118-29.9%4.01%2562154.31.31x
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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.