As the Australian market reacts to recent record sessions in the US, with financials leading the charge and staples lagging, investors are showing renewed interest in dividend stocks as a potential source of steady income. In this context, understanding what makes a good dividend stock—such as stability and reliable payouts—becomes crucial for those looking to navigate these dynamic market conditions.

Top 10 Dividend Stocks In Australia

Name Dividend Yield Dividend Rating Super Retail Group (ASX:SUL) 5.76% ★★★★★☆ Sugar Terminals (NSX:SUG) 7.92% ★★★★★☆ Steadfast Group (ASX:SDF) 3.22% ★★★★★☆ Smartgroup (ASX:SIQ) 6.20% ★★★★★☆ New Hope (ASX:NHC) 8.63% ★★★★☆☆ MFF Capital Investments (ASX:MFF) 3.73% ★★★★★☆ Lindsay Australia (ASX:LAU) 5.85% ★★★★★☆ Kina Securities (ASX:KSL) 7.80% ★★★★★☆ Fiducian Group (ASX:FID) 3.74% ★★★★★☆ EQT Holdings (ASX:EQT) 4.25% ★★★★★☆

Click here to see the full list of 28 stocks from our Top ASX Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Carlton Investments

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Carlton Investments Limited is a publicly owned asset management holding company with a market cap of A$924.84 million.

Operations: Carlton Investments Limited generates revenue from the acquisition and long-term holding of shares and units, amounting to A$41.60 million.

Dividend Yield: 3.2%

Carlton Investments recently declared a fully franked ordinary dividend of A$0.68 per share, payable on September 17, 2025. Despite a volatile dividend history with past annual drops over 20%, dividends are currently covered by earnings and cash flows with payout ratios of 77% and 75.7%, respectively. However, its dividend yield of 3.22% is below the top quartile in Australia (5.5%). Earnings grew marginally to A$38.81 million for the year ending June 2025.

Click here to discover the nuances of Carlton Investments with our detailed analytical dividend report. Our valuation report here indicates Carlton Investments may be overvalued.ASX:CIN Dividend History as at Sep 2025

JB Hi-Fi

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: JB Hi-Fi Limited is a retailer of home consumer products with a market cap of A$13.02 billion.

Operations: JB Hi-Fi Limited generates revenue through its segments: E & S at A$225.20 million, The Good Guys at A$2.87 billion, JB Hi-Fi Australia at A$7.10 billion, and JB Hi-Fi New Zealand at A$361.40 million.

Dividend Yield: 3.1%

JB Hi-Fi recently declared a fully franked ordinary dividend of A$1.05 per share and a special dividend of A$1.00, both payable on September 5, 2025. Despite an unstable dividend history with significant past volatility, dividends are supported by earnings and cash flows with payout ratios around 65%. The company plans to increase its payout ratio to between 70-80% from fiscal year 2026. However, its current yield of 3.15% is below the top quartile in Australia (5.5%).

Story Continues

Click here and access our complete dividend analysis report to understand the dynamics of JB Hi-Fi. The analysis detailed in our JB Hi-Fi valuation report hints at an inflated share price compared to its estimated value.ASX:JBH Dividend History as at Sep 2025

Peet

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Peet Limited acquires, develops, and markets residential land in Australia and has a market cap of A$866.09 million.

Operations: Peet Limited generates revenue through three main segments: Funds Management (A$56.39 million), Joint Arrangements (A$51.88 million), and Company Owned Projects (A$313.24 million).

Dividend Yield: 4.2%

Peet Limited's recent dividend increase to A$0.05 per share, payable on September 19, 2025, highlights its commitment to returning value to shareholders. The company's dividends are well-covered by earnings (payout ratio: 62.1%) and cash flows (cash payout ratio: 34.1%), despite a historically volatile dividend track record. Peet's strategic review aims to leverage favourable market conditions and enhance shareholder returns further, although the current yield of 4.19% remains below top-tier Australian dividend payers.

Unlock comprehensive insights into our analysis of Peet stock in this dividend report. The valuation report we've compiled suggests that Peet's current price could be quite moderate.ASX:PPC Dividend History as at Sep 2025

Where To Now?

Click here to access our complete index of 28 Top ASX Dividend Stocks. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:CIN ASX:JBH and ASX:PPC.

This article was originally published by Simply Wall St.

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