While Super Retail Group spans more than just automotive parts, I believe it’s this portion of the business that is the most attractive. However, the company has remained profitable throughout – an essential tenet for a dividend share. Since its founding 50 years ago, the company has built a significant presence across Australia and New Zealand, now 716 stores strong.īy Mitchell Lawler: The Super Retail Group share price has been punished over the last year as profits shrunk amid inflationary cost pressures and supply chain issues. What it does: Super Retail Group is an Australian retail company that operates a number of well-known brands including Rebel Sport, Supercheap Auto, and BCF. Motley Fool contributor Zach Bristow does not own shares in CSR Limited. The consensus of analysts covering CSR estimate its FY23 dividend payment to be 33.6 cents, according to Refinitiv Eikon data.

Meanwhile, it hopes to deliver earnings in the range of $33 million to $49 million in its aluminum business. The company forecasts that it will generate approximately $52 million in earnings before interest and tax (EBIT) in its property division for the year ending 31 March, 2023. Based on the current share price, this gives CSR shares a trailing dividend yield of almost 7%. The profitable 12-month period saw management declare a final dividend of 18 cents per share, up 24% year on year. In particular, net profit after tax (NPAT) climbed 20% year on year to $193 million. The company also has heavy exposure to aluminium.īy Zach Bristow: CSR shares have been traded down heavily in 2022, having slipped from 52-week highs of $6.22 in March to now trade at $4.52 apiece.ĭespite the downtrend, the building supplies manufacturer came in with a solid set of numbers for its FY22 annual results, published in May. These include plasterboard, insulation materials, glass, cement, and bricks. What it does: CSR manufactures building products that are used in the construction industry. ( Market capitalisations as of 9 September 2022) Why our Foolish writers love these ASX dividend shares CSR Limited Macquarie Group Ltd (ASX: MQG), $68.73 billion Rio Tinto Limited (ASX: RIO), $35.03 billion Vanguard Australian Shares High Yield ETF (ASX: VHY), $2.38 billionĪRB Corporation Limited (ASX: ARB), $2.49 billionīrickworks Limited (ASX: BKW), $3.14 billionĬoles Group Ltd (ASX: COL), $23.06 billion Super Retail Group Ltd (ASX: SUL), $2.22 billion Here’s what the team came up with: 8 best ASX dividend shares for September 2022 (smallest to largest)

So, to hunt down some potential extra earnings, we asked our Foolish contributors which ASX dividend shares have piqued their interest in September. And one way to help make the hip pocket a little happier and healthier is with some extra income. With five consecutive months of interest rate rises from the RBA so far in 2022, many investors are seeking ways to help offset the rising cost of living.

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