Four ASX-listed stocks to look at for retirement portfolio

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Four ASX-listed stocks to look at for retirement portfolio

Secure your finances for old age
Image source: © Siraanamwong |


  • A retirement portfolio needs to deliver reliable cash flows that can aid the rest of your life.
  • To secure financial goals for retirement, invest in stocks with a progressive market position.
  • Investors generally look for dividend stocks that can generate stable passive income to curb inflation effects.
  • While searching for dividend stocks, one should always undertake thorough research and careful market study.

Investment in stocks with a potential to generate good dividend returns on consistent basis is always an excellent option to go for, irrespective of which age group you are in. However, investment decision for retirement becomes extra crucial as it is related to your old age financial security. They must be taken after thorough research and careful market study.

In this article, we have cherry picked four companies listed on the Australian Securities Exchange (ASX) that have a strong profile and robust financial performance. These companies offer predictable and growing dividend income. Have a look and weigh if they are worth your retirement investments.  

Must Read: 5 simple tips to boost your retirement income

Coles Group Limited (ASX:COL)

A leading Australian retailer, Coles Group hosts more than 2,500 retail outlets across the country, providing its customers widest range of products from thousands of farmers and suppliers. The retailer runs almost 20 million customer transactions every week.

Supermarkets’ sales revenue was recorded at AU$8.6 billion in the first quarter ended 26 September 2021, up 1.8% on the prior corresponding period, with comparable sales increasing by 1.4%.  

Also, liquor sales revenue for the first quarter registered an increase of 2.6% to AU$874 million, with comparable sales growing by 1.4%. Meanwhile, e-commerce sales grew by 48% with sales penetration increasing to 9% in the first quarter.

In FY21, the Company increased its fully franked dividend by 6.1%.

You may read: Steps to build portfolio for early retirement

Telstra Corporation Limited (ASX:TLS)

Telstra has gained popularity among people for its leading network and technology solutions along with exceptional customer experience. The team at the firm is dedicated to embedding digital ways of working and building digital skills. It has been offering best 5G network with largest coverage and to-level performance across metro, regional and rural areas.    

In FY21, Telstra recorded total income of AU$23.1 billion and NPAT growth of 3.4% to AU$1.9 billion. The firm reported free cashflow from operating lease payments of AU$3.8 billion. Its total FY21 dividends stood at 16 cents per share fully franked.  

Stockland Corporation Limited (ASX:SGP)

One of the largest diversified real estate groups in Australia, Stockland Corporation owns, manages and develops retail town centres, workplace and logistics assets, residential and retirement living communities. It has won the ratings as one of the world’s most sustainable real estate firms by the Dow Jones Sustainability World Index (DJSI).

In FY21, the retirement living segment posted strongest ever established sales for portfolio – settlements, up 22.3% on a like-for-like basis. It also secured solid capital position, with gearing of 21.4% and AU$2.2 billion of available liquidity.  

The Company paid a dividend of AU$0.12 per share for the six-month period ended 31 December 2021.  

Good Read: How much you can earn after your retirement?

CSR Limited (ASX:CSR)

CSR runs a chain of manufacturing facilities along with a distribution network to serve its clients across Australia and New Zealand. The ASX-listed company is dedicated to developing energy-efficient and lightweight products like Bradford™ insulation and Hebel® concrete for Australian buildings.  

The Company recorded a statutory net profit after tax of AU$156.6 million for the first half of FY22 ended 30 September 2021. The Company posted Building Products revenue of AU$821.1 million, 3% higher on prior comparable period.

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