As the Australian market navigates a challenging landscape marked by geopolitical tensions and natural disruptions, investors are keenly observing the impact on local indices, with a notable downturn expected at the open. In such uncertain times, dividend stocks often attract attention for their potential to provide steady income streams despite market volatility.

Top 10 Dividend Stocks In Australia

Name Dividend Yield Dividend Rating Sugar Terminals (NSX:SUG) 9.39% ★★★★★☆ Steadfast Group (ASX:SDF) 4.68% ★★★★★☆ Ricegrowers (ASX:SGLLV) 5.15% ★★★★☆☆ Peet (ASX:PPC) 7.14% ★★★★★☆ MFF Capital Investments (ASX:MFF) 4.37% ★★★★★☆ Kina Securities (ASX:KSL) 9.09% ★★★★★☆ Jumbo Interactive (ASX:JIN) 7.00% ★★★★★☆ Fiducian Group (ASX:FID) 5.11% ★★★★★☆ EQT Holdings (ASX:EQT) 5.57% ★★★★★☆ AUB Group (ASX:AUB) 3.51% ★★★★★☆

Click here to see the full list of 35 stocks from our Top ASX Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Australian Ethical Investment

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$515.65 million.

Operations: Australian Ethical Investment Ltd generates revenue primarily from its funds management segment, amounting to A$126.41 million.

Dividend Yield: 3.1%

Australian Ethical Investment has seen dividend growth over the past decade, though payments have been volatile and unreliable. The current dividend yield of 3.09% is below the top tier in Australia, but dividends are covered by earnings (79.2% payout ratio) and cash flows (56.3%). Recent financials show improved earnings, with net income rising to A$13.45 million for H1 2025-26. An interim dividend increase was declared, reflecting ongoing commitment despite volatility concerns.

Get an in-depth perspective on Australian Ethical Investment's performance by reading our dividend report here. The valuation report we've compiled suggests that Australian Ethical Investment's current price could be inflated.ASX:AEF Dividend History as at Mar 2026

Bisalloy Steel Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Bisalloy Steel Group Limited manufactures and sells quenched and tempered, high-tensile, and abrasion-resistant steel plates in Australia, Indonesia, Thailand, and internationally with a market cap of A$228.19 million.

Operations: Bisalloy Steel Group Limited generates revenue through the production and distribution of high-performance steel plates designed for strength and durability across various international markets, including Australia, Indonesia, and Thailand.

Dividend Yield: 8.6%

Story Continues

Bisalloy Steel Group offers an attractive dividend yield of 8.61%, placing it among the top 25% in Australia, but its sustainability is questionable due to a high cash payout ratio of 161.8%. Recent earnings for H1 2025-26 show stable sales at A$71.14 million and net income slightly down to A$8.46 million, with a fully franked interim dividend of A$0.08 declared. Despite past volatility, dividends have grown over the last decade, yet remain unreliable and not well-covered by free cash flows.

Click to explore a detailed breakdown of our findings in Bisalloy Steel Group's dividend report. In light of our recent valuation report, it seems possible that Bisalloy Steel Group is trading behind its estimated value.ASX:BIS Dividend History as at Mar 2026

Ridley

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Ridley Corporation Limited operates in the animal nutrition industry, offering solutions across Australia, the United States, New Zealand, and Thailand with a market cap of A$1.03 billion.

Operations: Ridley Corporation Limited generates revenue primarily from its Bulk Stockfeeds segment, which accounts for A$914.66 million, and its Packaged/Ingredients segment, contributing A$410.00 million.

Dividend Yield: 3.7%

Ridley Corporation's dividend yield of 3.71% is below the top tier in Australia, but its dividends are well-covered by earnings and cash flows with payout ratios of 47.1% and 57.9%, respectively. Despite past volatility, dividends have grown over the decade, though they remain unstable. Recent earnings show significant growth with net income reaching A$52.67 million for H1 2026, supporting an increased interim dividend of A$0.051 per share, fully franked.

Click here and access our complete dividend analysis report to understand the dynamics of Ridley. Our comprehensive valuation report raises the possibility that Ridley is priced lower than what may be justified by its financials.ASX:RIC Dividend History as at Mar 2026

Taking Advantage

Navigate through the entire inventory of 35 Top ASX Dividend Stocks here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:AEF ASX:BIS and ASX:RIC.

This article was originally published by Simply Wall St.

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