stocks with highest dividend payouts

[Chewy]

Anyone have a list of which companies pay the highest dividend %

Or alternatively want to tell me how to do a search on commsec that will show me - I've tried the "advanced search tool" and no matter what I put in it gives me a list of 1884 companies in alphabetical order with seemingly no relevance to dividends...

Its not that I want to base my stock purchases purely on dividend payout -but I am interested in doing more research on some companies that have paid consistently high dividends.

Thanks!

[trj6911]

HLD has 17% yield ...no one seems to like it..

[zachary]

most of the listed CDOs (collatralised debt obligations) are now paying 10%-25%. They were heavily sold down during the downturn. However, most of these reference high grade corporate names. Most are trading at around 80-90 dollars and you will receive par ($100) at maturity.

[lee]

Listen Chewy and TRJ
there aint no such thing as a free dinner
repeat: there is no company that pays a larger than 7% div that does not carry a large risk. If you think that a big yield is being ignored by the large financial instos for no reason..think again.
You should want for a modest yield combined with good growth.
Know your benchmarks, look at listed investment trust as a example of yield and growth. (ARG MLT AFI)
we private investors are such small fish dont think for a moment we are going to find a hidden gem before the big end of town does.
Cheers
Lee

[trj6911]

Spot on lee yield unimportant to me sp value were the money is growth investing
the name of the game for me .I hold lieghton nice price move today that what im talking about...trev

[Chewy]

wow I had no idea dividends could be that high. I was thinking 5-6% would be high.
Maybe I should rephrase the question - what companies consistently pay a reasonably high dividend (e.g. 5-6%) that also show decent growth potential - mostly interested in blue chip and lowish risk companies.

[toshaldudhwala]

Originally Posted by trj6911

HLD has 17% yield ...no one seems to like it..

HLD 2k loss.. no interim div!

[Tren]

Hi chewy,

You may find this site useful: http://www.australian-economy.com/. I sometimes use it to scan for fundamentals. You can specify a dividend search.

Cheers,
Tren

[jonnyd]

What i have found is that high dividend usually means the share price has been smashed (Due to earnings downgrade ect) and as the dividend yield in things like the paper are based on past dividends this is usually why its high say above 5%. What you must consider is that past dividends dont always reflect the future!!! so because they were paying $1 the previous year doesnt mean they will pay the same or more the next... Unless you hold preferance shares!!!

[master_luke]

remember... when the DPS is greater than the EPS, you have a problem

[POD]

Originally Posted by Chewy

wow I had no idea dividends could be that high. I was thinking 5-6% would be high.
Maybe I should rephrase the question - what companies consistently pay a reasonably high dividend (e.g. 5-6%) that also show decent growth potential - mostly interested in blue chip and lowish risk companies.

Any of the major banks.

[Amarantha]

I bought a shares magazine a couple of months ago that happened to have a list of the top 10 dividend stocks at the time. I can't remember the list and don't have the magazine on me, but I remember TEL was #1.

Next time I have the magazine and the internet in the same location, I'll try to remember to post the list.

[Amarantha]

Found it (July Smart Investor). They listed the top yields from the largest 50 companies, not from the entire market. According to them, the top 10 dividend yields among Australia's largest 50 companies:

Telecom Corporation of New Zealand (6.79%)
Macquarie Airports (6.61%)
Transurban Group (5.59%)
Telstra (5.76%)
Macquarie Infrastructure (5.68%)
Wesfarmers (5.67%)
Tabcorp (5.01%)
Insurance Australia Group (4.94%)
Suncorp-Metway (4.58%)
Amcor (4.57%)

Smart Investor got the data from Aspect Huntley.

[toshaldudhwala]

CIY pays 10.2% div and ex-div date is 17-oct (not too far now) and the share price is still not doing well...
does anyone know why?
is this a good stock to buy for the div amt?

[db96]

CIY has done well. It has gone from $3.74 3 weeks ago to $4.40 (today)

[petroz]

If you are not in the super payout phase, you need to check if divs are fully franked or not. % alone is misleading.

[Boris]

Yeah CIY ar pretty good i've got some and they dividend is pretty nice. Also TTS dividend is reasonable.

As mentioned before the banks are pretty good as they go up nicley most years and are fully franked.

Franked credits are very important if your'e still working, even if your not working they are good too as you'll get them back when you do yoru tax return. If your geared enough you'll get them back too.

[smart_arse]

it is weird
tomorrow is the ex-div day for CIY but it dropped today

[toshaldudhwala]

i think it's b'coz the whole market is down probably

[MFP]

I traded CIY before the dividend from about $3.72 to $4.10 (sold way too soon), then it got away and i wasn't prepared to chase it. When it hit $4.40 and struggled for days to pass it i had a feeling it would pull right back before ex-div (which it did) and was pleasantly surprised to see it plunge a further 55c on ex-div date, so i snapped up 10000 units at $3.74 and sold yesterday for $3.86. Considering the DOW fall last night, i don't think i sold too early this time!