Is It Time to Hold These 3 ASX 200 Stocks Paying 6% Dividends?

Sonal Goyal

12 February 2026 02:56 PM AEDT

Is It Time to Hold These 3 ASX 200 Stocks Paying 6% Dividends?

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Highlights

Super Retail Group delivers preliminary H1 FY26 PBT of AUD 172–175 million, with a dividend yield of 6.58%.
Treasury Wine Estates resolves US distributor dispute, reporting H1 FY26 EBITS of AUD 236 million and a 7.54% yield.
APA divests 20% stake in GDI, simplifying its portfolio while maintaining a 6.48% dividend yield.

Three ASX 200 stocks—Super Retail Group (ASX:SUL), Treasury Wine Estates (ASX:TWE), and APA Group (ASX:APA)—are currently offering dividend yields above 6%. According to EODHD/Others data, broker consensus ratings for all three remain at “Hold,” indicating a neutral stance. Investors tracking dividend income may find these yields attractive, while considering the broader market and operational developments for each company.

Super Retail Group Reports 6.58% Dividend Yield

Super Retail Group (SUL) closed H1 FY26 with preliminary revenue of AUD 2.2 billion and normalised profit before tax between AUD 172 million and AUD 175 million. Key brand performance included:

Supercheap Auto: Revenue AUD 813 million, PBT AUD 101–102 million
Rebel: Revenue AUD 741 million, PBT AUD 53 million
BCF: Revenue AUD 520 million, PBT AUD 39 million
Macpac: Revenue AUD 122 million, PBT AUD 7 million

Like-for-like sales growth ranged from -1.6% at BCF to 7.8% at Macpac. Promotional intensity, particularly at Rebel, impacted gross margins, while Macpac continued to see strong momentum. The Group maintained positive cash balances and had no drawn bank debt. SUL currently offers a dividend yield of 6.58% at a share price of AUD 14.68 (as of 12 February 2026).

Treasury Wine Estates Yields 7.54% Amid US Distributor Settlement

Treasury Wine Estates (TWE) reached a settlement with US distributor RNDC following its exit from California, resulting in a net cash outflow of approximately US$65 million in 2H26. Despite this, TWE expects H1 FY26 EBITS of approximately AUD 236 million, slightly above prior guidance. The settlement allows TWE to continue distributing its portfolio in other US markets. TWE shares trade at AUD 5.50, delivering a dividend yield of 7.54%.

APA Group’s Portfolio Simplification Supports 6.48% Dividend

APA Group (APA) announced in December 2025 the sale of its 20% stake in GDI Pty Ltd, owner of the Allgas Network, to Stonepeak affiliates. The divestment, which contributes less than 1% of APA’s FY25 underlying EBITDA, generated estimated proceeds of AUD 64 million. APA will continue providing corporate services to GDI for up to three years. APA shares are priced at AUD 9.01, offering a dividend yield of 6.48%.

SUL, TWE, and APA offer dividend yields above 6%, appealing to income-focused investors. Broker ratings at “Hold” suggest limited upside from current share prices, emphasizing the importance of monitoring operational and market developments while collecting dividends.

FAQ

What are the dividend yields for SUL, TWE, and APA?
SUL: 6.58%, TWE: 7.54%, APA: 6.48%.
What is the broker consensus for these stocks?
All three stocks currently have a “Hold” consensus rating.
How have recent operational developments affected these companies?
SUL reported preliminary H1 FY26 results with positive sales momentum. TWE resolved a US distributor dispute impacting 1H FY26 cash flow. APA divested a 20% stake in GDI, simplifying its portfolio.

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