Top ASX Dividend Stocks To Consider In August 2026

As Australian shares edge towards a modest gain, buoyed by robust performances from U.S. tech giants, local investors are keenly observing the unfolding earnings season on the ASX. In this dynamic environment, dividend stocks remain attractive for their potential to provide steady income streams amidst fluctuating market conditions.

Top 10 Dividend Stocks In Australia

Name	Dividend Yield	Dividend Rating
Sugar Terminals (NSX:SUG)	9.51%	★★★★★☆
Steadfast Group (ASX:SDF)	3.78%	★★★★★☆
Peet (ASX:PPC)	7.10%	★★★★★☆
Objective (ASX:OCL)	3.64%	★★★★★☆
MFF Capital Investments (ASX:MFF)	3.75%	★★★★★☆
Kina Securities (ASX:KSL)	8.39%	★★★★★☆
Jumbo Interactive (ASX:JIN)	7.51%	★★★★★☆
Fiducian Group (ASX:FID)	6.02%	★★★★★☆
EQT Holdings (ASX:EQT)	6.37%	★★★★★☆
Dicker Data (ASX:DDR)	3.44%	★★★★☆☆

Click here to see the full list of 30 stocks from our Top ASX Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

CTI Logistics (ASX:CLX)

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

Overview: CTI Logistics Limited, along with its subsidiaries, provides transport and logistics services in Australia and has a market cap of A$206.29 million.

Operations: CTI Logistics Limited generates revenue primarily through its Transport segment with A$243.29 million and its Logistics segment with A$131.35 million, while also earning A$9.91 million from Property services.

Dividend Yield: 4.1%

CTI Logistics offers a mixed dividend profile. While its dividend yield of 4.12% is below the top quartile in Australia, the payouts are well-covered by both earnings and cash flows, with payout ratios of 45.2% and 37.7%, respectively. However, its dividend history has been volatile over the past decade, despite some growth in payments during this period. The stock trades at a significant discount to estimated fair value, providing potential relative value for investors.

• Unlock comprehensive insights into our analysis of CTI Logistics stock in this dividend report.
• The analysis detailed in our CTI Logistics valuation report hints at an deflated share price compared to its estimated value.

Evolution Mining (ASX:EVN)

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

Overview: Evolution Mining Limited is involved in the exploration, development, and operation of gold and gold-copper mines in Australia and Canada, with a market capitalization of A$23.93 billion.

Operations: Evolution Mining Limited generates revenue from several key segments, including Cowal (A$1.68 billion), Ernest Henry (A$1.09 billion), Mungari (A$779.86 million), Northparkes (A$580.55 million), Red Lake (A$673.62 million), and Mt Rawdon (A$153.03 million).

Dividend Yield: 3.4%

Evolution Mining's dividend profile presents some challenges for investors. Although its dividend payments have increased over the past decade, they have been volatile and are considered unreliable. The current yield of 3.4% is below the top quartile in Australia. However, dividends are covered by earnings with a payout ratio of 49.9% and cash flows at 69.7%. Recent developments in their lithium joint venture may influence future financial stability and growth opportunities.

• Dive into the specifics of Evolution Mining here with our thorough dividend report.
• The analysis detailed in our Evolution Mining valuation report hints at an inflated share price compared to its estimated value.

Kina Securities (ASX:KSL)

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

Overview: Kina Securities Limited operates in Papua New Guinea, offering commercial banking, financial services, fund administration, investment management, and share brokerage with a market cap of A$360.56 million.

Operations: Kina Securities Limited generates its revenue from two main segments in Papua New Guinea: Banking & Finance, which contributes PGK 461.36 million, and Wealth Management, contributing PGK 47.57 million.

Dividend Yield: 8.4%

Kina Securities offers a high dividend yield of 8.39%, ranking in the top 25% of Australian payers, but its dividend history is marked by volatility and unreliability over the past decade. The payout ratio stands at 80.5%, indicating dividends are currently covered by earnings and forecasted to remain so in three years at 75.3%. Despite trading below fair value, concerns arise from a high bad loans ratio of 8.7% and low allowance for bad loans at 30%.

• Get an in-depth perspective on Kina Securities' performance by reading our dividend report here.
• The valuation report we've compiled suggests that Kina Securities' current price could be quite moderate.

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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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