As Australian shares continue their upward trajectory amid February's earnings season, investors are keeping a close eye on the market dynamics influenced by significant blue-chip reports and global indices. In this context, dividend stocks remain an attractive option for those seeking steady income, as they can offer stability and potential growth in times of economic fluctuations.

Top 10 Dividend Stocks In Australia

Name Dividend Yield Dividend Rating Vita Life Sciences (ASX:VLS) 3.83% ★★★★★☆ Treasury Wine Estates (ASX:TWE) 7.55% ★★★★★☆ Super Retail Group (ASX:SUL) 6.58% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.46% ★★★★★☆ Steadfast Group (ASX:SDF) 4.27% ★★★★★☆ Smartgroup (ASX:SIQ) 5.93% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.74% ★★★★★☆ Kina Securities (ASX:KSL) 7.47% ★★★★★☆ Fiducian Group (ASX:FID) 4.71% ★★★★★☆ Accent Group (ASX:AX1) 7.49% ★★★★★☆

Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Computershare

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

Overview: Computershare Limited offers a range of services including issuer, corporate trust, employee share plans, communication and utilities, technology and operations, as well as mortgage and property rental services, with a market cap of A$18.10 billion.

Operations: Computershare Limited's revenue is primarily derived from its Corporate Trust segment at $1 billion and Issuer Services at $1.29 billion.

Dividend Yield: 3.5%

Computershare recently announced a franked dividend of A$0.55 per share for the six months ending December 2025, reflecting its commitment to shareholder returns despite a volatile dividend history over the past decade. The company's dividends are supported by earnings and cash flows, with payout ratios at 68% and 58.3%, respectively. However, its dividend yield of 3.5% is lower than Australia's top-tier payers, and recent earnings showed slight declines in net income compared to last year.

Take a closer look at Computershare's potential here in our dividend report. Our valuation report unveils the possibility Computershare's shares may be trading at a discount.ASX:CPU Dividend History as at Feb 2026

Helia Group

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

Overview: Helia Group Limited, along with its subsidiaries, operates in the loan mortgage insurance sector primarily in Australia and has a market cap of A$1.51 billion.

Operations: Helia Group Limited generates revenue of A$559.63 million from its loan mortgage insurance operations in Australia.

Dividend Yield: 20.1%

Helia Group's dividend yield of 20.14% ranks among Australia's top-tier payers, yet its dividends are not well covered by free cash flows, indicated by a high cash payout ratio of 209.7%. Despite past growth in dividend payments over the last decade, their volatility and unreliability raise concerns about sustainability. The company trades at good value compared to peers but faces challenges with forecasted earnings declines averaging 26.9% annually over the next three years.

Story Continues

Click to explore a detailed breakdown of our findings in Helia Group's dividend report. Our comprehensive valuation report raises the possibility that Helia Group is priced lower than what may be justified by its financials.ASX:HLI Dividend History as at Feb 2026

New Hope

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

Overview: New Hope Corporation Limited is involved in the development and operation of coal mines, with a market capitalization of A$3.98 billion.

Operations: New Hope Corporation Limited generates revenue primarily from its Coal Mining operations in NSW, amounting to A$1.33 billion, and Coal Mining in QLD (including Treasury and Investments), contributing A$395.34 million.

Dividend Yield: 7.2%

New Hope offers a dividend yield of 7.2%, placing it in the top 25% of Australian dividend payers, yet its sustainability is questionable due to a high cash payout ratio of 110.4%. Although dividends have increased over the past decade, their volatility suggests unreliability. The company's recent production guidance indicates stable operations, but earnings are forecasted to decline slightly over the next three years. Trading at good value compared to peers, New Hope's dividends are not well-covered by free cash flows or earnings.

Click here and access our complete dividend analysis report to understand the dynamics of New Hope. Upon reviewing our latest valuation report, New Hope's share price might be too pessimistic.ASX:NHC Dividend History as at Feb 2026

Make It Happen

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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:CPU ASX:HLI and ASX:NHC.

This article was originally published by Simply Wall St.

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