As the Australian market anticipates a positive end to the week, buoyed by a dip in oil prices and rising gold values, investors are keeping an eye on global developments such as potential peace talks between Trump and Iran. In this context, dividend stocks can offer stability and income, making them an attractive option for those looking to navigate current market fluctuations while benefiting from regular payouts.
We’re going to check out a few of the best picks from our screener tool.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: EQT Holdings Limited, with a market cap of A$434.77 million, operates in Australia offering philanthropic, trustee, and investment services through its subsidiaries.
Operations: EQT Holdings Limited generates revenue primarily from its Corporate & Superannuation Trustee Services, amounting to A$85.76 million, and Trustee & Wealth Services (excluding Superannuation Trustee Services), which contribute A$107.17 million.
Dividend Yield: 6.9%
EQT Holdings offers a stable dividend yield of 6.9%, backed by a payout ratio of 72% and a cash payout ratio of 57%, indicating sustainability through earnings and cash flows. The company has consistently increased its dividends over the past decade with minimal volatility, reflecting reliability. Its price-to-earnings ratio of 10.4x suggests good value compared to the broader Australian market, enhancing its appeal for dividend-focused investors seeking stability and growth potential in their portfolios.
ASX:EQT Dividend History as at May 2026
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Helia Group Limited operates in the loan mortgage insurance sector primarily in Australia and has a market capitalization of approximately A$1.35 billion.
Operations: Helia Group Limited generates its revenue primarily from conducting loan mortgage insurance business, amounting to A$478.70 million.
Dividend Yield: 25.5%
Helia Group’s dividend yield of 25.51% places it among the top payers in Australia, but sustainability is a concern due to a high cash payout ratio of 317.1%, indicating dividends are not well covered by cash flows. Despite recent earnings growth and a low payout ratio of 35.6%, the company’s dividends have been volatile and unreliable over the past decade, with future earnings expected to decline significantly, impacting long-term dividend stability.
ASX:HLI Dividend History as at May 2026
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand, with a market cap of A$18.36 billion.
Operations: Insurance Australia Group Limited generates revenue from several segments, including Retail Insurance Australia with A$9.59 billion, Intermediated Insurance Australia contributing A$4.51 billion, and New Zealand operations providing A$3.79 billion.
Dividend Yield: 3.9%
Insurance Australia Group’s dividends are underpinned by a reasonable payout ratio of 67.4% and cash payout ratio of 68.3%, suggesting sustainability from earnings and cash flows. However, past dividend volatility raises concerns about reliability despite growth over the last decade. Trading at A$2 billion below estimated fair value, the stock offers potential upside, but its current yield of 3.94% is modest compared to top Australian dividend payers at 6.9%.
ASX:IAG Dividend History as at May 2026
Next Steps
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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:EQT ASX:HLI and ASX:IAG.
This article was originally published by Simply Wall St.
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