4 Dividend Stocks - NAB, DDR, RFF And NSR

February 27, 2019 07:00 PM AEDT | By Team Kalkine Media
 4 Dividend Stocks - NAB, DDR, RFF And NSR

Due to the lower interest rates in Australia, investors look for dividend stocks to earn steady payments. Let’s take a quick look at four dividend stocks and the dividends that they have paid in the recent past:

National Australia Bank Limited (ASX:NAB)

Australia's leading bank, National Australia Bank Limited (ASX:NAB) reported net profit from continuing operations of $5,945 million for the year ended 30 September 2018 (FY 2018). For FY 2018, the bank paid an interim dividend of 99 cents per share and also paid a final dividend of 99 cents per share, taking the full year dividend to $1.98 cents per share. In the first quarter of 2019, the bank reported an unaudited statutory net profit of $1.70 bn.

In the last six months, the share price of the bank decreased by 11.13% as on 26 February 2019. The bank is trading at reasonable PE multiple of 12.220x. NAB’s shares last traded at $24.810 (+0.854% intraday) with a market capitalization of circa $68.33 billion and a dividend yield of 8.05% as on 27 February 2019.

Dicker Data Limited (ASX:DDR)

Hardware distributor, Dicker Data Limited (ASX: DDR) has recently released its unaudited results for FY 2018 in which the company informed that for FY 2018, the company is expecting a total revenue $1,494 million and profit before tax of $46 million. Profit before tax is an increase of 15% from the comparative period last year, and it is exceeding guidance by over 8%. For FY18, the company’s board has declared a final dividend of 7.0 cents per share, fully franked with a record date of 15 February 2019 with a payment date of 1 March 2019. With the three interim dividends paid during 2018, the total dividend for FY18 is reported to be at 20.20 cents per share, representing 20.2% on FY17.

DDR’s shares last traded at $3.290 (+0.350% intraday) with a market capitalization of circa $527.14 million and a dividend yield of 6.16% as on 27 February 2019.

Rural Funds Group (ASX:RFF)

Real estate investment trust, Rural Funds Group (ASX:RFF) has recently reported earnings of 7.73 cents per unit and adjusted funds from operations of 6.4 cents per unit in 1H FY19. The company has reported distributions per unit (DPU) of 5.22 cents in 1H FY19, up 4% on pcp. Recently on 31 January 2019, the company paid the distribution of AUD 0.026 per share for the December quarter.

In the past six months, the share price of RFF increased by 3.29% as on 26 February 2019. RFF’s shares last traded at $2.220 (+0.909% intraday) with a market capitalization of $734.02 million and a dividend yield of 4.65% as on 27 February 2019.

National Storage REIT (ASX:NSR)

National Storage REIT (ASX:NSR) reported underlying earnings of $26.3 million for 1H FY19 with underlying EPS of 4.2 cents per share. The company recently declared a distribution of AUD $0.045 for the six months ended 31 December 2018, payable on 1 March 2019 with a record date of 31 December 2019. The company is having FY 2019 distribution guidance of 9.6-9.9 cents per stapled security.

In the past six months, the share price of the company increased by 9.88% as on 26 February 2019. NSR’s shares traded at $1.875 (-0.794% intraday) with a market capitalization of circa $1.26bn and a dividend yield of 4.97% as on 27 February 2019.


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