Four ASX High-dividend Yield Stocks Worth Buying in 2023

Four ASX High-dividend Yield Stocks

The year 2023 is set to welcome new heights in the stock market with high dividend stocks. Even investors are drowning more towards high-dividend-yielding stocks that pay decent returns regularly.

The considerable part is, investing in high-dividend-yielding stocks could ensure consistent income generation to endure a topsy-turvy market in the widespread recession fears and foreseeable future.

Are you also planning to invest in ASX stocks? Here are the top four ASX stocks with high-dividend worth buying in 2023. Read further to learn more.

1. BHP Group Limited

Founded in 1851, BHP Group Limited (ASX: BHP) is a mineral exploration, production and processing company with operations in China, South Korea, India, Europe and Australia. It basically deals in iron ore, copper, coal, molybdenum, silver, zinc, gold and uranium. It is also active in nickel mining, smelting, refining and potash development. In addition, it also offers marketing, towing, freight and trading services.

With a market capitalization of $233.83 billion, the company is registered on the Australian Securities Exchange under the ticker BHP. At the time of writing, the share price of BHP Group is $46.530, and its EPS is $5.935.

2. AVA Risk Group Limited

Based out of Victoria, Australia, AVA Risk Group Limited is a market leader in risk management services and technologies. It provides services to commercial, industrial, military and government clients across the globe. Its product portfolio includes BQT Solutions, Future Fibre Technologies (FFT) and AVA Global.

With a market capitalization of $60.02 million, the company is registered on the Australian Securities Exchange under the ticker AVA. At the time of writing, the share price of AVA Risk Group Limited is $0.235, and EPS is -$0.002.

3. TerraCom Limited

TerraCom Limited (ASX: TER) is an emerging name originating as a resource explorer with a significant portfolio of assets. It is handled by the senior management as well as the board. With its corporate office in Queensland, Australia, the company is listed on the Australian Securities Exchange or ASX under the ticker TER.

The company has a market capitalization of $783.52 million. At the time of writing, the share price of TerraCom Limited is $0.935, and its EPS is $0.268.

4. Fortescue Metals Group

Headquartered in Western Australia, Fortescue Metals Group (ASX: FMG) is a materials company engaged in developing infrastructure and mining assets. It primarily focuses on exploring, developing, producing, processing and selling iron ore.

The company got listed on the Australian Securities Exchange (ASX) on 19th March 1987 under the ticker FMG. At the time of writing, Fortescue Metals Group has a market capitalization of $63.33 billion and a share price is $20.830. In addition, its EPS is $2.988.

Final Words:

The stock market is highly unpredictable, with lots of ups and downs. Therefore, it is always better to conduct in-depth research before investing in stocks. Also, the mentioned stocks are shared to provide information and not to influence your investment decision. Hence, considering all the market dynamics is essential while taking an investment decision.

Stay in touch to learn more about the topic. ASX Dividend Yield Stocks companies, finance and the Australian stock market.