Two ASX Stocks Delivering High Yield Dividends
Passive investors hunting for quality high yield dividend stocks keep one thing foremost in their strategy. Consistency. Two ASX best long term dividend stocks are
APA Group?(ASX: APA)
APA Group delivered another year of robust financial and operational performance in FY24, underscoring its critical role in providing reliable, affordable, and lower-emissions energy solutions for Australia. Among potential growth companies, it achieved revenue, earnings, and distribution growth, marking the 20th consecutive year of distribution increases for investors. APA declared a final distribution of 29.5 cents, bringing the FY24 total to 56 cents per security, a 1.8% increase year-over-year and in line with guidance. For FY25, APA has provided guidance of 57 cents per security, representing another 1.8% increase, alongside reaffirmed underlying EBITDA guidance of $1.96–$2.02 billion. One of the best quality dividend stocks, its dividend yield stands at 7.66%, supported by the company's consistent payout throughout years.
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