When it comes to dividends the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) and the big four banks in particular will be the first port of call for many investors.
But outside the top 200 listed companies there are some dividend shares which are just as good or even better than their illustrious rivals. Here are three which are on my radar right now:
Amaysim Australia Ltd (ASX: AYS)
This growing telco company currently provides a trailing yield of 4.2%. I believe that thanks to its planned expansion into the NBN market, the company has a bright future ahead of it that will allow its dividend to grow substantially. NBN margins have been a concern for companies like TPG Telecom Ltd (ASX: TPM), but Amaysim's asset-light business model should provide it with an opportunity to offer low-cost plans that are still highly profitable.
Dicker Data Ltd (ASX: DDR)
The shares of this founder-led wholesale distributor of computer hardware, software, and related products provide a trailing fully franked yield of 6.8%. So far in FY 2016 I have been very impressed with the company's performance. The most recent update revealed that year-to-date underlying net profit after tax is up 15% on the prior corresponding period. I expect more of the same next year due to its expansion into the fast-growing cloud services market.
IVE Group Ltd (ASX: IGL)
Due to two recent earnings accretive acquisitions and a major new Wesfarmers Ltd (ASX: WES) contract win, I expect a solid year ahead for this leading printing and marketing company. So with its shares expected to provide a massive fully franked 7.1% dividend in FY 2017 according to CommSec, now could be an opportune time to snap up its shares in my opinion.
