Three ASX Stocks With Long History Of Paying Dividends
Team Veye | 03-Sep-2025
Investors who look for steady income even during rocky periods often consider this as an important factor. Consistent dividends are normally a sign of company’s strength besides being positive about future earnings growth.
National Australia Bank Ltd (ASX: NAB)
has had a steep rise in revenue for the past 4 years going from $17.40B in FY2021 to $25.95B in FY2024.Revenue rose each year beginning with 11.5% from FY2021-FY2022 and 12.8% from FY2022-FY2023 and then a big 18.6% jump from FY2023-FY2024 but net income did not really match that, it was $6.36B in FY2021 and only $6.96B in FY2024 so it is just 9.4% up in 4 yrs. Dividends have been consistent and in fact modestly growing aligning with the revenue growth. The dividend per share were $0.83 in July 2023, $0.84 in December 2023, $0.84 July 24, then it grew to $0.85 December 24 and maintained it to be $0.85 Jul 25. It shows company trying to keep returns stable for shareholders. for FY2024 div yield 4.52%, payout ratio was at 75% of NPAT and franked at 100%. Revenue is rising at a healthy rate and with more operational efficiency the bank is set to not only continue its consistency but also increase the dividends.
Argo Investments Ltd (ASX: ARG)
has gone through a considerable decline in performance over the last 4 years, with revenue sliding from $337.67M in FY2022 to$289.98M in FY2025 that is a 14% drop. Net profit has followed a similar trajectory which moved down from $312.92M in FY2022 to $259.83M in FY2025 a decline of about 17%. Even though net income and revenue has faced a considerable hit, dividends have remained steady and in fact have shown signs of resilience and growth. The dividend per share was $0.180 in September 2023 before dipping to $0.165 in March 2024. It then bounced back to $0.180 in September 2024 then declined a little again to $0.170 in March 2025 and finally are set to climb to $0.2 in September 2025 with the payout date being on September 12 which will be the highest payout in the period. For FY2025 dividend yield was 4.04%, payout ratio was at 109% and franked at 100%. This shows ARG’s commitment to keeping shareholder returns stable despite pressure on Top line and bottom line.
has had an impressive revenue growth over the past 4 years as it increased from $9.23B in FY2022 to $10.55B in FY2025. Revenue grew 4.2% from FY2022-FY2023 and then it stayed flat in FY2024 and then strongly rose by 10% but net profit has not gone down the same way as revenue because it declined from $0.54B in FY2022 to $0.46B in FY2025 which is a decline of nearly 15% but it has grown in FY2025 from FY2024’s net income of $0.43B.Dividends on the other hand have been almost consistently increasing at a good rate aligning with revenue growth as it began to grow from $1.15 in September 2023 to $1.580 in March 2024 and then to $1.830 in September 2024 then it faced a decline as it went down to $1.7 in March 2025 but it jumped again to $2.05 in September 2025 ,showing the company’s focus on dividends despite pressure on profitability. For FY2025 dividend yield was 3.40%, payout ratio was at 86% and franked at 100%. This shows the company’s focus on revenue growth and dividend consistency and the company would like to reflect this in the bottom line in future.
(Source: Company Announcements)
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