3 Best ASX Dividend Stocks to Buy in a Higher Rate Environment

The following three ASX dividend stocks are good buying opportunities for investors who are looking for a regular source of income since they are good established businesses and pays dividend regularly :-

ANZ Group Holdings Limited (ASX: ANZ)
Suncorp Group Limited (ASX: SUN)
Bendigo and Adelaide Bank Limited (ASX: BEN)

ANZ Group Holdings Limited (ASX: ANZ) is one of Australia’s major banks and operates in Australia, New Zealand and Asia gaining exposure across multiple markets and customer segments.

ANZ pays dividends regularly to its investors and offers a dividend yield of around 4.09%. It paid an interim dividend of $0.83 per share on 1 July 2026 which was partially flanked. The company pays dividends twice a year usually in July and December.

The company has a market capitalisation of $122.32B with cash profit of $1.90B and statutory profit of $1.95B for third quarter 2026. Its customer deposits also increased by $15B and net loans and advances grew by $24B in Q3FY26.

During Q3FY26, the company showed improvement in productivity, margins and business volumes with accelerating growth in business banking and returning home lending to system growth.

ANZ expects to progress under the ANZ 2030 immediate priorities, namely, enhancing non-financial risk management to improve resilience, integration of Suncorp bank, launching new values and deliver with excellence to support its future growth.

Suncorp Group Limited (ASX: SUN) is a major insurance company operating in Australia and New Zealand. It provides insurance products and services to retail, corporate and commercial customers.

Suncorp generally pays dividends regularly and twice a year to its investors and offers a dividend yield of approximately 4.02%. It paid its final dividend of $0.62 which was fully flanked on 22 September 2026.

The company has a market capitalisation of $20.78B with cash earnings of $1.04B and net profit after tax of $1.03B for the year 2026. Its underlying insurance trading ratio was 11.8% which was maintained at the top end of their target range of 10%-12% and a dividend payout ratio of of 70.5%.

SUN delivered strong results in FY26. The company supported customers through more than 120,000 natural hazard claims. They improved their underlying earnings by 4.5% along with improvement in their customer satisfaction. Suncorp’s Australian consumer business score also rose from 9.1 to 11.7.

For FY27, it expects its GWP growth to be around 3% and skewed to H2. The company will continue to allocate their capital accordingly and target strategic investments in platform modernisation and operational transformation. It is focused to deliver more personalised customer experience using digital self-service and AI.

 Bendigo and Adelaide Bank Limited (ASX: BEN) is an Australian bank that provides a range of banking and financial services to individuals, small businesses and regional communities. It is the Australia’s only regionally headquartered ASX 100 company.

BEN generally pays dividend twice a year and offers a dividend yield of around 5.89%. On 30 September 2026, it paid its final dividend of $0.33, fully franked to its investors.

The company has a market capitalisation of $6.22B with cash earnings of $530.2M and a 5.1% increase in revenue to $2.046B in FY26. Its net interest margin increased by 7 basis points to 1.95% which was supported by their disciplined approach to pricing and margin management.

In FY26, BEN delivered a strong cash earnings and capital position. It also finalised a multi-year consolidation of 8 core banking systems to 1 and continues to strengthen their digital customer services which helps drive growth.

BEN’s 2030 group strategy is on track to deliver lasting benefits to their shareholders. It is also progressing the building of digital onboarding capability for its Business & Agribusiness sole trader customers and expect it to come out in Q2FY27. Further, its is improving its digital services, risk management while reducing operating costs.

(Source: Company Announcements)