Dividend Stocks

Many stocks land on a high-yield scan because their share price has collapsed against a static or falling dividend, or a one-off special payment has temporarily inflated the trailing figure. Harvey Norman is neither. Its dividend has increased at both the interim and final …

Inghams is the largest integrated poultry producer in Australia and New Zealand, supplying supermarkets, quick-service restaurants and wholesale customers with chicken and turkey products, alongside a stockfeed business. That scale has not insulated it from a sharp earnings deterioration over the past 18 months.

Unlike several other names on the same scan, IPH's headline number is not explained by a special dividend. It is largely the arithmetic result of a share price that has fallen sharply over recent years, even as the company has kept its dividend intact …

The number deserves a closer look rather than blind acceptance. JB Hi-Fi has a history of topping up its regular interim and final dividends with special dividends whenever its balance sheet builds surplus net cash, and the trailing 12-month figure captures one of those …

The number is real, calculated from actual dividends paid over the past year against Magellan's current $9.76 share price. But it needs context. Magellan's funds under management have shrunk from a 2021 peak above $113 billion to well under $40 billion today, and the …

The scan itself flags that unusually high yields can reflect a falling share price, limited growth, or a one-off distribution. Latitude's case is different again: a dividend that did not exist for two full years, rebuilt from a low base as earnings recovered from …

The attention is warranted because Lendlease has spent several years in restructuring mode: exiting international construction and development, selling down legacy offshore assets, and absorbing large impairments along the way. A high yield on a stock that has more than halved over the past …