Top 12 Australian Dividend Stocks in May 2024 | Stockopedia Analysis

In this video I use Stockopedia's leading stock screener to find the top 12 dividend stocks in Australia. Dividend stocks are valued in the investment community as they provide an income to investors which can often rival term deposits. Dividends are also a sign of a company that is profitable, has low capital expenditure needs, and is generally friendly to shareholders, which isn't always the case.
I made a video in the past where I also looked at the top dividend stocks. To get to this list of 12 I took a more measured approach by using eight different screening filters to narrow down 1800+ Australian stocks to just 12.
Filters used on Stockopedia's screening tool:
- Country: Australia
- Market Capitalisation: Over AU$100m
- Dividend Yield TTM: Over 5%
- Price Change 1Y: Over -5%
- Price CAGR 5Y: Over 0%
- Piotroski F Score TTM: 7 or Greater
- Alman Z-Score and Z2 Score TTM: Over 1.8
Stockopedia is a great tool for screening stocks and doing your equity research. They have many useful tools on their site which help you make the most informed investment decisions. Their database covers over 63,000 stocks, from the US, UK, Europe, Australasia, India, and Canada. Subscribers to my channel get 10% off their annual plans, so make sure to check them out at why.stockopedia.com/brentcole... using the code BC10 at checkout!
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// TIMESTAMPS
► 0:00 Intro
► 2:17 Screener
► 5:49 Dividend Stock 1
► 6:17 Dividend Stock 2
► 6:52 Dividend Stock 3
► 7:20 Dividend Stock 4
► 7:52 Dividend Stock 5
► 9:07 Dividend Stock 6
► 9:47 Dividend Stock 7
► 10:29 Dividend Stock 8
► 11:15 Dividend Stock 9
► 11:48 Dividend Stock 10
► 12:28 Dividend Stock 11
► 13:16 Dividend Stock 12
► 14:03 Outro
Disclaimer:
I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.
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[@BrentColeman]

If you liked the Stockopedia platform and want to learn more, make sure to visit my link here for 10% off! why.stockopedia.com/brentcoleman/

[@troyvankampen9026]

Hey Brent, Great video, New to this, what’s your thoughts on trading platforms in Australia? Maybe a comparison video would be good for newbie’s

[@Abdul_Rahman86]

Great video. I’ve recently allocated some capital into Australian markets as a birthday present to myself. Good quality companies and great dividends

[@ChaseArquette]

Brent thanks for compiling the list. Great videos and content! Since gold is on a tear atm. Any thoughts on which companies on the ASX might be best position to capitalize.

[@BrentColeman]

Thanks for the kind words and supporting the channel! Haha I've been watching the rise of Gold closely over recent months, I made a video just before the boom about a New Zealand trading platform for gold called Goldie. I bought a few grams and am up >10%. Also make sure to check out Silver too. I haven't looked at any specific Gold stocks on the ASX but found this article which may help. investingnews.com/best-asx-gold-stocks . Having a brief scan over these stocks, they've certainly done well this year! Hope this helps!

[@robsalvv5853]

Very interesting vid, particularly the stockapedia tool. What are the fees and do you have a view on how it compare to the screening tools and available information on Market Index?

[@BrentColeman]

The fees range from about A$500-1000 per year, depending on what markets data you want access to. The good thing with Stockopedia is it has all the major markets in one place (e.g. NZ/AU/UK/US/EU), and has a much broader set of data than Market Index. Market Index also provides really light financial data, while Stockopedia's is much more in-depth and has useful explanations of each item for beginners. They also provide their own research and allow you to create your own screens, which is useful for investors that want to spend time researching stocks and finding the 'needle in the haystack' opportunities. It's certainly an investment, but for many investors it saves a lot of time scanning through annual reports. They have a 14 day free trial too!

[@robsalvv5853]

@@BrentColeman thanks Brent. As a mug retail investor, mostly investing what’s left over after living expenses, I don’t see myself affording that subscription! Market Index and my no frills online broker platform will have to do. Thanks for your vids.

[@georgedaviotis3016]

Thank you for taking the time to prepare this. Can you please confirm the software / website you used

[@BrentColeman]

Glad you enjoyed it! Absolutely, I used Stockopedia - you can check them out here and get a 14 day trial to test them out! why.stockopedia.com/brentcole...

[@ceeps460]

Great video mate. Keep making such videos

[@BrentColeman]

Glad you enjoyed it!

[@ceeps460]

Have you got a recent video on your recommendations for growth stocks? Thanks

[@LawpickingLocksmith]

Thanks Brent, finally something that makes more sense than the Queenies, Bryans and Irene's

[@BrentColeman]

Glad you enjoyed it!

[@LawpickingLocksmith]

@@BrentColeman Commsec tells me to dump FMG. Maybe they want my shares?

[@erismarcompartilha]

Hey Brent, Does any share/stocks that pay dividends monthly? Erismar from Auckland. Thank you for share your financial experiences .

[@BrentColeman]

Thanks for the kind words! I found two on the ASX, one is Metrics Master Income Trust and the other is Plato Income Maximiser Ltd. Hope this helps!

[@erismarcompartilha]

@@BrentColeman awesome thanks a lot

[@jlanks872]

Also add GCI, MOT, PCI and QRI to the list

[@erismarcompartilha]

@@jlanks872 Thanks a lot...

[@paolog7449]

What about dividend ETFs? Do you have any to recommend?

[@BrentColeman]

Right here! kzbin.info/www/bejne/b4OUiZWhn75re6s

[@paolog7449]

@@BrentColeman thank you very much

[@neilweston7605]

Great energy,

[@Sam-hl7ks]

TBH I found most of the companies you mentioned had very poor payout stability . A lot of them could only provide 5 years of data at best . At best . ROE also not that stable on many . A few good years of NPAT is not enough to invest in micro cap companies . I was surprised that this was your list . I would not invest in any of them myself .

[@Jonesydawg]

how to get access to NSX listed stocks? i can only do ASX

[@BrentColeman]

You can only trade NSX stocks through the below brokers: www.nsx.com.au/investing/broker-directory/

[@Jonesydawg]

@@BrentColeman thanks thats super helpful

[@neilweston7605]

only person to see my stock,we will see.