With the S&P/ASX 200 Index (ASX: XJO) hitting a series of new all-time highs in 2025 so far (the latest just today), it's been a great time to be invested in ASX dividend stocks.
However, while the market's new heights have been lucrative for investors with substantial capital already invested in ASX shares, they do make things more difficult for those trying to decide where the best bang for their buck might be right now.
Particularly so for dividend investors. Rising share prices have walked hand in hand with falling dividend yields. In many cases, the galloping stock price rises have meant that the dividend yields of these shares haven't kept pace. A good example is Commonwealth Bank of Australia (ASX: CBA). The ASX's largest bank stock has shot more than 36% higher over the past 12 months. But this has left CBA stock with a rather paltry dividend yield of 2.67% today.
Fortunately, though, there are still some ASX dividend stocks out there that offer decent yields. So today, let's discuss two such shares that I think are still worth buying right now for investors who prioritise receiving dividend income from their stocks.
2 ASX dividend stocks I would still buy for income today
Telstra Group Ltd (ASX: TLS)
First up, we have Telstra. This ASX 200 dividend stock and telco has long been a favourite of income investors. It's not hard to see why. Telstra has been doling out fat, fully franked dividends for as long as it has been on the ASX. Yes, the company's dividend yield isn't quite as high as it used to be. But you can still pick up Telstra shares right now on a trailing dividend yield of 3.72%.
Given this telco's inherent defensiveness, as well as its recent track record of delivering dividend hikes, I think it's still worth a look for income today.
Coles Group Ltd (ASX: COL)
Next up, we have another business most readers would be familiar with. Coles is very much in the same boat as Telstra. Although this ASX 200 dividend stock and blue chip share has also been on a tear of late, it offers many of the same attractive qualities as Telstra does. Coles is also a defensive powerhouse, being a leading purveyor of food, drinks, and other life essentials.
Coles has also jumped significantly in value over recent months, but you can still get shares of this ASX dividend stock with a trailing yield of 3.3% today.
Of course, no dividend share offers guaranteed income. But Coles and Telstra have proven to be some of the ASX's most reliable income payers.
