Buying the best Australian dividend stocks, this 2022 is sure to fetch you a tidy sum. You don’t believe me? Well, you can ask all the investors trooping in to purchase dividends from the ASX. They’ll tell you all about it. There are a lot of perks from getting share returns in Australia.
The first is Australia’s high yield. Its current average yield is 4.1%, double the world’s average. That means that the companies are likely to pay out more than any other country.
The second is franking. Thanks to this system, investors aren’t taxed twice for their returns. That means more money for shareholders.
The last is the high number of dividend shares. Nearly eighty percent of Australian listed companies give returns. So, there’s a lot to pick from when searching for the best Australian dividend stocks. But we’ve gathered a list:
- Super Retail Group Ltd (ASX: SUL)
If you’ve heard of Supercheap Auto, then you should know that they are a subsidiary of this company. This is a large company with nearly 12,000 employees and 670 retail stores.
The company pays fully franked returns of about 7.3%; that is way above the average. You can check them out. They are one of the best Australian dividend stocks out there.
- Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
Every year since 2000 has seen an increase in the returns payment of this company. Thanks to its diversified dealings, the company can handle the payouts regardless of the market conditions.
As one of the best Australian dividend stocks, Soul Pattinson offers a gross yield of about 3%. That may seem minuscule compared to others on this list, but their reliability is a huge reason why we picked them.
- Westpac Banking Corp (ASX: WBC)
Westpac Banking has a track record of tidy payouts. As one of the big four ASX 200 bank shares, they don’t usually disappoint.
2020 was a bad year for Westpac, though, but they made sure to come back stronger. Westpac presently offers more than 7.7% in yield.
- Accent Group Ltd (ASX: AX1)
This company is behind a lot of Australian brands like Hype and Platypus. And they keep on expanding, having built 83 stores in 2022 with plans for even more this 2022.
This company offers a 4.84% returns yield. Its share prices have been dropping recently, but it might only be temporary. You can do your research and determine if this is among the best Australian dividend stocks for you.
- Dicker Data Ltd (ASX: DDR) is also one of the best Australian dividend stocks
Dicker Data distributes computer hardware, software, and other related products. It has over 7,000 retailers all over Australia and has expansion plans.
This company is one of the best Australian dividend stocks, having a yield of 2.7%. The share prices are still increasing, so you might want to jump on it now.
Conclusion
There are many returns-paying shares listed on the ASX. While they might all be good in their ways, everyone wants the best. With our list, you should know the best Australian dividend stocks. See you soon.
