If you’re an investor, and you are looking for the best Australian dividend stocks to invest in, then you’ve come to the right place. There are two major ways to make money off a stock: an increase in share price and dividends. Dividends are a good source of passive income and will help increase your earnings.
If you are looking to invest in the Australian Stock Market, then keep reading. Without wasting any time, here are some awesome Australian dividend stocks you should add to your portfolio.
1. Grange Resources Ltd. (ASX: GRR)
Grange Resources Limited is massively involved in iron ore mining and pellet production. They are one of the biggest companies in the mining sector of Australia.
The company boasts a market capital of 1.3 billion AUD and offers its shareholders an attractive 10.34% yield. This is one of the best Australian dividend stocks.
2. Harvey Norman Holdings Ltd. (ASX: HVN)
Harvey Norman Holdings Limited, a public company that is listed on the ASX, is involved in different sectors. These include retail, franchising, property, and digital firm.
With a market capital of 4.92 billion AUD, the company offers its shareholders an attractive 8.86% yield, which makes it one of the best Australian dividend stocks. Its subsidiaries include; Harvey Norman Limited and Hardly Normal Limited.
3. Perpetual Investment Management Ltd. (ASX: PPT)
Services for wealth management are provided by Perpetual Limited. Services provided by the company include corporate trust, financial planning, investment management, superannuation, custody, and registering.
Perpetual serves clients in Australia. With a market capital of 1.62 billion AUD, the company offers its shareholders an attractive 7.28% yield.
This is also one of the best Australian dividend stocks. Its subsidiaries include; Perpetual Private Clients and Perpetual Trust Service Ltd.
4. Stockland Corporation Ltd. (ASX: SGP)
One of Australia’s largest diverse property firms, Stockland has been laying the groundwork for sustainable, vibrant communities where people can live, work, and shop for 70 years.
They own, finance, build, and manage a sizable portfolio of retail town centers, office and logistics assets, as well as residential, land leasing, and retirement communities.
With a market capital of 9.07 billion AUD, the company offers its shareholders an attractive 7.00% yield. Its subsidiaries include; Stockland Singapore One Ltd and Stockland Hillsdale. This is one of the best Australian dividend stocks.
5. Abacus Property Group (ASX: ABP)
Commercial and self-storage assets make up Abacus Property Group’s broad investment portfolio. The methodical property selection procedure at Abacus keeps a strict eye on the fundamentals of real estate.
With a market capital of 2.47 billion AUD, the company offers its shareholders an attractive 6.50% yield. Its subsidiaries include; Abacus Funds Management Limited.
That concludes our list of the top Australian dividend stocks, which you can now add to your portfolio. All these high dividend shares are sure to add extra cash to your wallet at the time appointed by the companies.
Just to be sure, do your research on the stocks above, and consider investing in one or more of them. We hope you enjoyed reading this. Till next time.