The Motley Fool

3 super dividend stock ideas for 2015 and beyond

With a mixed outlook for the Australian economy, the RBA recently noted it has room to lower rates if necessary.

That means the record 2.5% cash rate could go even lower!

For savers, with their money in term deposits and ‘high’ interest accounts, 2015 doesn’t look so good.

However, popular Australian dividend stocks are yielding in excess of 5.5% per annum grossed-up. At a time when the rates on term deposits and savings accounts are offering between just 3% and 4%.

For example, shares in Telstra Corporation Ltd (ASX: TLS) and Macquarie Group Ltd (ASX: MQG) are trading on forecast dividend yields of 7.6% and 5.8% grossed-up, respectively.

Unfortunately, at today’s prices, both blue-chips appear to be fully valued.

Three dividend stocks which are ready to be bought today are Super Retail Group Ltd (ASX: SUL), RCG Corporation Ltd (ASX: RCG) and M2 Group Ltd (ASX: MTU).

Shares in Super Retail have been heavily sold off following a period of weakness in its leisure businesses, including BCF and Ray’s Outdoors. Whilst it may be a bumpy ride in the near-term, analysts expect a fully franked dividend of 39.4 cents per share in the next 12 months. At $7.68, the company trades on a forecast grossed-up dividend yield of 7.3%.

RCG Corp is the owner of The Athlete’s Foot and Podium Sports. It also has exclusive distribution agreements for leading footwear brands such as Saucony and Merrell. It is forecast to pay a grossed-up dividend of 9.8% in the next year.

Lastly, M2 Group is a leading internet services provider and owner of brands such as Dodo, Primus, Eftel and Commander. Despite a strong track record of outperformance, the stock isn’t expensive and trades on a grossed-up dividend yield of 5.1%.

Our #1 dividend stock idea for 2014 – 2015 – Yours FREE!

These 3 stocks could be the next big movers in 2020

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.

*Returns as of 6/8/2020

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any of the companies mentioned.   

Related Articles...

Latest posts by Owen Raszkiewicz (see all)