As we step into April 2024, Australian investors are keeping a keen eye on Dividend Paying Stocks, seeking stable returns amidst market fluctuations. Dividend stocks not only provide regular income but can also offer a cushion against market volatility. Here are some of the Top Dividend Stocks expected to perform well in April 2024:
New Hope Corporation Ltd (NHC)
Dividend Annual yield : 10.02%
Market Cap : $3.96B
Pay Date: 01/05/2024
Ex Date: 15/04/2024
New Hope Corporation Ltd (NHC) is an Australian diversified energy company that focuses primarily on coal mining. The company operates several coal mines in Queensland's Bowen Basin and holds interests in other mining projects in Australia and Indonesia. New Hope exports thermal coal to customers in Asia and elsewhere, primarily for use in power generation. The company also has investments in agriculture, including cattle breeding and grain production. Founded in 1952, New Hope has grown to become one of Australia's largest coal producers.
Tamawood Ltd (TWD)
Dividend Annual yield : 9.60%
Market Cap: $103.08M
Pay Date: 07/06/2024
Ex Date: 16/05/2024
Tamawood Limited (TWD) is an Australian company that operates in the property and construction industry. The company is primarily involved in the development and construction of residential properties, including land subdivisions, built form homes, and multi-dwelling units. Tamawood is known for its innovative building techniques and designs, particularly in the area of prefabricated and modular construction. The company has a strong focus on sustainable building practices and has received recognition for its environmentally friendly building initiatives. Tamawood is listed on the Australian Securities Exchange (ASX) under the ticker symbol TWD.
Bank of Queensland Ltd (BOQ)
Dividend Annual yield : 6.62%
Market Cap: $4.08B
Pay Date: 15/05/2024
Ex Date: 26/04/2024
Bank of Queensland Ltd (BOQ) is one of Australia's leading regional banks, serving individuals and businesses across the country. Founded in 1874, BOQ has grown to become a prominent player in the Australian banking sector.
BOQ offers a range of banking and financial products and services, including personal and business banking, wealth management, insurance, and more. The bank is known for its focus on customer service and its commitment to supporting local communities.
In conclusion, these top dividend stocks in Australia offer investors the potential for stable returns in April 2024. Before making any investing decisions, you should do a lot of research and take financial advice.
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