From ASX listed companies, some are consistent and long term dividend payers. A few of these good quality dividend stocks, offer high yield, making them ideal for passive income seekers.
New Hope Corporation (ASX: NHC): Is This Quiet Coal Giant Gearing Up for Its Next Big Phase?
New Hope Corporation has delivered a result that is hard to ignore. Despite a drop in thermal coal prices, the company recorded a 35 percent lift in net profit after tax, reaching $340.3 million for the half year.
- Saleable coal production increased 33 percent to 5.4 million tonnes
- Operating cash flow recorded a sharp rise of 143 percent, reaching $317 million.
- Group cash costs declined by more than 23 percent, coming in at $55.5 per tonne.
What is driving this resilience?
Bengalla Mine has successfully stabilised at full production levels, while New Acland Mine is advancing through its ramp-up phase following the resolution of legal challenges. The company has also strengthened its long-term optionality, raising its stake in Malabar Resources to nearly 23 percent.
- Interim dividend declared at 19 cents per share, fully franked
- Over $800 million in available liquidity supports future flexibility
- A share buy-back program of up to $100 million has been announced.
The dividend uptick highlights New Hope’s confidence in returning value making it one of the best long term dividend stocks. With a strong franking position and consistent free cash flow, distributions could continue to play a central role in its strategy.
But the bigger story may be what is still to come. With low-cost operations, stable production and capital management tools in motion, New Hope is quietly building for the next cycle.
For investors watching how traditional energy assets behave amid transition, this coal player may still have a few surprises left. The cash is real, the volumes are rising, and momentum is building.
Lindsay Australia (ASX: LAU): Could This Be 2025’s Smartest Cold Chain Investment?
Lindsay Australia has set its sights on a national logistics footprint with its latest move. The company is acquiring SRT Logistics for $108.2 million, gaining a firm foothold in Tasmania’s refrigerated transport market and expanding its cross-strait presence.
- SRT is the leading refrigerated supply chain operator in Tasmania
- Acquisition gives Lindsay full access to the Bass Strait corridor and key east coast routes
- FY25 forecasts include $137.6 million in revenue and $14.6 million in EBIT from SRT
This deal is more than geographic expansion. It strengthens the entire network.
SRT will become a wholly owned subsidiary, with its leadership staying on. The acquisition is being financed through a blend of cash and scrip, utilising existing debt facilities along with new share issuance. The merged platform will combine over 500 logistics assets and six distribution centres.
- Forecast 15 percent EPS uplift in FY25 on a pro forma basis
- Return on invested capital is anticipated to exceed 25 percent
- The move brings substantial scale to Lindsay’s logistics operations across the country
Alongside the acquisition, Lindsay has declared a fully franked interim dividend of 2.3 cents per share, reflecting a 9.5 percent increase. A rising payout ratio combined with a healthy franking balance has placed capital returns clearly in focus.
The network is growing, the yield is rising, and national integration is underway. The question now is how much further Lindsay can extend its edge in the cold chain space.
(Source: Company Announcements)
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
