Best Dividend Stocks in Australia (October 2026)
ATLAS screened 546 listed companies in Australia. 149 pass the dividend filters: a yield between 1% and 15%, positive earnings and a payout of no more than 100% of profit. Their median yield is 3.87%. The table ranks the top 25 by yield and shows, next to each, how far the price sits from ATLAS fair value and the model probability of a higher close in a month.
Data as of Oct 27, 2026. Prices and ratios are the latest stored close; this page refreshes at least every 6 hours.
| # | Company | Price | Dividend yield |
|---|---|---|---|
| 1 | GQG.AUGQG Partners | A$0.995 | 14.01% |
| 2 | RPL.AURegal Partners | A$2.01 | 13.24% |
| 3 | LFG.AULiberty Financial | A$3.19 | 11.87% |
| 4 | CMW.AUCromwell Property | A$0.335 | 9.23% |
| 5 | PPC.AUPeet | A$1.43 | 9.12% |
| 6 | PPM.AUPepper Money | A$1.72 | 9.04% |
| 7 | WPR.AUWaypoint REIT | A$2.13 | 8.16% |
| 8 | GWA.AUGWA | A$2.02 | 8.05% |
| 9 | BFG.AUBell Financial | A$1.40 | 7.96% |
| 10 | HDN.AUHomeco Daily Needs REIT | A$1.13 | 7.93% |
| 11 | CLW.AUCharter Hall Long Wale REIT | A$3.38 | 7.85% |
| 12 | AOV.AUAmotiv | A$5.64 | 7.78% |
| 13 | ARF.AUArena REIT | A$2.65 | 7.51% |
| 14 | CQR.AUCharter Hall Retail REIT | A$3.64 | 7.35% |
| 15 | CQE.AUCharter Hall Social Infrastructure REIT | A$2.45 | 7.26% |
| 16 | HM1.AUHearts and Minds Investments | A$2.79 | 7.12% |
| 17 | MMS.AUMcmillan Shakespeare | A$19.87 | 7.11% |
| 18 | AFG.AUAustralian Finance | A$1.43 | 6.79% |
| 19 | HVN.AUHarvey Norman | A$4.15 | 6.72% |
| 20 | DXS.AUDexus | A$5.78 | 6.58% |
| 21 | CWP.AUCedar Woods Properties | A$6.14 | 6.53% |
| 22 | RGN.AURegion | A$2.27 | 6.44% |
| 23 | ALD.AUAmpol | A$39.63 | 6.23% |
| 24 | CIP.AUCenturia Industrial REIT | A$2.83 | 6.11% |
| 25 | SGP.AUStockland | A$4.22 | 6.10% |
Fair value gap: a negative number means the price is below ATLAS fair value. "Chance up" is the probability of a higher close in 21 trading sessions (about a month) in ATLAS's calibrated model.
The top 10 in a sentence
- GQG Partners (GQG.AU) yields 14.01% at today's price with a P/E of 4.5, which means roughly 62% of earnings goes to dividends. ATLAS gives it a 50% chance of closing higher in a month.
- Regal Partners (RPL.AU) yields 13.24% at today's price with a P/E of 3.4, which means roughly 46% of earnings goes to dividends. ATLAS puts it 64% below its fair value. ATLAS gives it a 50% chance of closing higher in a month.
- Liberty Financial (LFG.AU) yields 11.87% at today's price with a P/E of 6.9, which means roughly 82% of earnings goes to dividends. That is a high payout, so there is less room to raise the dividend if profits dip. ATLAS puts it 30% below its fair value. ATLAS gives it a 50% chance of closing higher in a month.
- Cromwell Property (CMW.AU) yields 9.23% at today's price with a P/E of 6.5, which means roughly 60% of earnings goes to dividends. ATLAS puts it 39% below its fair value. ATLAS gives it a 52% chance of closing higher in a month.
- Peet (PPC.AU) yields 9.12% at today's price with a P/E of 6.9, which means roughly 63% of earnings goes to dividends. ATLAS puts it 59% below its fair value. ATLAS gives it a 50% chance of closing higher in a month.
- Pepper Money (PPM.AU) yields 9.04% at today's price with a P/E of 7.2, which means roughly 65% of earnings goes to dividends. ATLAS puts it 46% below its fair value. ATLAS gives it a 51% chance of closing higher in a month.
- Waypoint REIT (WPR.AU) yields 8.16% at today's price with a P/E of 11.0, which means roughly 90% of earnings goes to dividends. That is a high payout, so there is less room to raise the dividend if profits dip. ATLAS puts it 33% below its fair value. ATLAS gives it a 54% chance of closing higher in a month.
- GWA (GWA.AU) yields 8.05% at today's price with a P/E of 11.0, which means roughly 89% of earnings goes to dividends. That is a high payout, so there is less room to raise the dividend if profits dip. ATLAS puts it 50% below its fair value. ATLAS gives it a 52% chance of closing higher in a month.
- Bell Financial (BFG.AU) yields 7.96% at today's price with a P/E of 8.8, which means roughly 70% of earnings goes to dividends. ATLAS puts it 56% below its fair value. ATLAS gives it a 51% chance of closing higher in a month.
- Homeco Daily Needs REIT (HDN.AU) yields 7.93% at today's price with a P/E of 6.4, which means roughly 51% of earnings goes to dividends. It trades 63% above ATLAS fair value. ATLAS gives it a 53% chance of closing higher in a month.
How ATLAS ranks dividend stocks in Australia
Yield is the dividends paid over the last twelve months divided by today's price, taken from stored company data. We keep companies with a market value above USD 300 million and enough trading volume, a yield between 1% and 15% (above that the market is usually pricing in a cut), a positive profit margin and a positive P/E.
The payout check is simple: yield multiplied by P/E approximates the share of earnings paid out. Anything above 100% is dropped, because a dividend that exceeds what the company earns is hard to keep. What is left is sorted by yield.
Limits: a high yield can also mean a falling price. Yields are trailing figures, not promises, and companies can cut or skip dividends. Withholding tax, currency effects and your own tax situation are not included. The probability of a higher close comes from ATLAS's calibrated one-month model, which gives most stocks a figure close to 50%, so do not read it as a forecast. This is information, not investment advice.
Frequently asked questions
What are the best dividend stocks in Australia?
Of 149 companies that pass ATLAS dividend filters in Australia, the highest yields in October 2026 belong to GQG Partners, Regal Partners, and Liberty Financial. The top of the table yields 14.01% and the 25 listed go down to 6.10%. A higher yield is not automatically better: check the payout and whether the price is above fair value.
How does ATLAS pick dividend stocks?
It starts from every published company in Australia (546), keeps those with a yield between 1% and 15%, positive earnings and a payout under 100%, and ranks them by yield. Fair value and probability are shown for context and do not change the order.
Is a high dividend yield safe?
Not necessarily. Yield rises when the price falls, so a very high figure can signal that investors expect a cut. That is why ATLAS caps the yield at 15% and drops payouts above 100% of profit. Even so, dividends are never guaranteed.
What is the typical dividend yield in Australia?
Among the 149 companies that pass the filters the median yield is 3.87%, with a median P/E of 16.3. 33 of them are in Financial Services, the most represented sector.
How often is this list updated?
Prices, ratios and fair values come from ATLAS's stored data, refreshed every day, and this page is rebuilt at least every 6 hours. The month in the title follows the date of the data.
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Information only, not investment advice. ATLAS estimates come from statistical models using public data; they can be wrong, and past results do not guarantee future ones. Disclaimer