A Look At Dividend Stocks - SUL, SYD, WBC

  • Apr 29, 2019 AEST
  • Team Kalkine
A Look At Dividend Stocks - SUL, SYD, WBC

In a country like Australia where interest rates are kept very low, the dividends stocks are very important for the investors to earn steady payments. Let’s take a look at few Dividend stocks that are trading on ASX.

Super Retail Group Limited (ASX: SUL)

One of Australia’s leading retailer, Super Retail Group Limited (ASX: SUL) earned revenue from ordinary activities of $1,403.2 million for the 26-week period ended 29 December 2018. Further, the company reported profit from ordinary activities of $71.7 million, down by 0.7% as compared to the previous corresponding period (pcp). On 28 March 2019, the company paid a distribution of AUD 0.2150 per ordinary share for a six-month period ending 29 December 2019.

Recently, the company’s directors Mr. Anthony Michael Heraghty acquired 417 ordinary shares of the company for a total consideration of $3,156.69.

In the past six months, the company’s share price increased by 11.66% as on 26 April 2019. SUL’s shares last traded at $8.380 with a market capitalization of circa 1.64 billion as on 29 April 2019. The stock is having a dividend yield of 5.88%.

Sydney Airport (ASX: SYD)

In March 2019, Sydney Airport (ASX: SYD) experienced a decline of 3.8% and 3.4% in its International and Domestic passenger numbers, respectively. For 2018, the company paid a full year distribution of 37.5 cents per stapled security. On 14 February 2019, the company paid a final distribution of 19.0 cents. In 2019, the company is expecting to pay a distribution of 39.0 cents.

In FY 2018, the total passengers increased by 2.5% and total revenue increased by 6.8% on pcp. 2018 was a successful year for Sydney Airport with International passenger growth at 4.7%.

In the past six months, the company’s share price increased by 20.50% as on 26 April 2019. SYD’s shares last traded at $7.610 with a market capitalization of circa 17.24 billion as on 29 April 2019. The stock is having a dividend yield of 4.91%.

Westpac Banking Corporation (ASX: WBC)

In the first quarter of FY 2019, Westpac Banking Corporation (ASX: WBC) reported an unaudited statutory net profit of $1.95 billion and Unaudited cash earnings of $2.04 billion. Although 2018 financial year has been exceptionally difficult for the banking industry, WBC reported 2% revenue growth in FY 2018. Further, the company reported a net profit of $8,095, up 1% on pcp.

On 20 December 2019, the company paid final, fully franked dividend of 94 cents per share, taking the total 2018 dividends to 188 cents per share representing a payout ratio of 80 percent of cash earnings.

In the past six months, the bank’s share price increased by 6.86% as on 26 April 2019. WBC’s shares last traded at $27.580 with a market capitalization of circa 95.64 billion as on 29 April 2019. The stock is having a dividend yield of 6.78%.

It is very important for investors to keep a close eye on Dividend stocks as these stocks reduce the risk for the investors while providing steady cash streams.


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