ASX listed companies has some stocks which have stability besides being best long term dividend stocks.
Two of these are also high dividend stocks to add to your portfolio
Super Retail Group Ltd (ASX: SUL)
Super Retail Group Ltd (ASX: SUL) declared a stable performance for the first half of FY25, attaining 4% growth in sales to reach $2.1 billion despite challenging consumer conditions, especially in New Zealand. Like-for-like sales grew 1.8%, while gross margin declined by 70 basis points to 45.6%, due to inflationary pressures on wages and occupancy costs. Statutory NPAT came in at $129.8 million, down 9% from the previous year. The Group declared a fully franked interim dividend of 32 cents per share, in line with its policy to pay 55–65% of underlying NPAT. The cost of doing business rose slightly to 35.5% of sales, reflecting network growth and inflation.
The Group saw continued strength in digital performance, with online sales growing 10% to $286 million, representing 14% of total sales. In-store purchases still made up 92% of total sales. Operating cash flow reached $389 million, down from the prior year due to differences in payment cycle timing. Capex totaled $99 million, with store investments accounting for $48 million and the remainder directed toward supply chain infrastructure, loyalty programs, and digital capabilities. A new automated distribution centre in Victoria is expected to open in the second half of FY25, with long-term savings expected despite a temporary $10 million cost increase due to duplication during the transition.
Brand-level performance was mixed. Supercheap Auto had a modest year, adding 500,000 club members and opening seven new stores. The launch of a trade website also marked a digital milestone. Investments continued across the store network, with 19 openings and 14 refurbishments across all brands. The loyalty program at rebel performed strongly, with 4 million active participants, contributing to overall club member growth of 8%, reaching 12 million.
National Storage REIT (ASX: NSR)
National Storage REIT (ASX: NSR) announced financial performance for the half year ended 31 December 2024, declared an IFRS profit after tax of $87.9 million with earnings per security of 6.4 cents. Underlying earnings rose by 2.5% to $77.9 million or 5.7 cps, supported by a stable operating margin of 66%. The group’s revenue per available metre (REVPAM) grew 3.5% to $276.1/m², reflecting a balanced approach to rate and occupancy management. Net tangible assets edged up 0.4% to $2.53 per stapled security, while the total assets increased to $5.3 billion. The company maintained a weighted average cap rate of 5.89%, showing stability in its property valuations and ongoing demand in the self-storage sector.
During the half year, NSR completed 20 acquisitions worth $185 million, including 14 development-ready sites, which are expected to support future growth. And, seven new developments were finalised, adding over 49,000m² of net lettable area (NLA). The let-up portfolio of 13 developing centres saw strong momentum with a 32% increase in REVPAM and occupancy rising to 56.9%. NSR now manages 52 active development projects with a combined pipeline of around 453,600m² of NLA, ensuring long-term growth potential across key markets in Australia and New Zealand.
To further expand its development capacity while preserving balance sheet flexibility, NSR launched the National Storage Ventures Fund in partnership with GIC. This initiative, which settled in October 2024, will deploy $270 million over 12 to 18 months. The fund’s establishment generated approximately $140 million in sale proceeds for NSR, which were used to reduce debt and strengthen financial positioning. NSR confirmed its full-year FY25 guidance with a minimum underlying earnings forecast of 11.8 cps (or over $163 million), and the company will continue its plan of distributing 90–100% of earnings The current dividend yield is 5.05%.
(Source: Company's Report)
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