3 top ASX dividend shares to buy for 5% to 10% yield
Stability of dividends is just as important as the yield itself and the following ASX-listed companies strike a good balance, giving investors dependable income backed by solid fundamentals.
3 top ASX dividend shares
Qantas Airways Limited (ASX: QAN)
Sonic Healthcare Limited (ASX: SHL)
AGL Energy Limited (ASX: AGL)
Qantas Airways Limited (ASX: QAN)
continues to benefit from strong travel demand across both domestic and international networks.
The company offers a current annual yield of around 5.23% with fully franked dividends paid twice in FY25, supported by solid cash flows and a healthy balance sheet.
Qantas made $2.39 billion in underlying profit before tax and $1.6 billion in statutory profit after tax.
Net Promoter Scores improved by support from new aircraft deliveries that enhance efficiency and customer experience.
With expected earnings momentum into FY26, Qantas remains well positioned to deliver stable returns and steady income for investors.
Sonic Healthcare Limited (ASX: SHL)
continues to show steady performance as one of the world’s leading medical diagnostics groups, supported by stable demand across pathology, radiology and clinical services.
The stock currently offers a 5.14% current annual yield and pays dividends twice a year, with total dividends of $1.07 per share in FY25 which is slightly higher than last year.
For FY25, SHL reported 8% revenue growth to $9.65 billion and EBITDA of $1.73 billion and margins grew due to cost efficiency programs and acquisition benefits.
Cash generation also strengthened with $1.29 billion in operating cash flow and the company is heading into FY26 with expected EBITDA growth of up to ~17% and EPS growth of up to ~19%.
AGL Energy Limited (ASX: AGL)
is showing progress in energy transition while delivering stable income to investors, offering a current annual yield of around 5.46%.
The company distributes fully franked dividends twice a year which came to be 48 cents per share in FY25.
The company posted EBITDA of $2.01 billion and AGL is investing heavily in future-focused capacity, deploying roughly $900 million towards large-scale batteries and strategic renewable assets, including the 500MW Liddell Battery and 500MW Tomago Battery projects.
With electricity demand expected to surge from data centre growth, AGL’s grid-scale storage pipeline and a strong balance sheet will help in long-term dividend stability and growth.
(Source: Company Announcements)
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