Top 10 Upcoming ASX Dividends Yield Watch and Key Insights

Key Highlights:

• Macquarie Group, Suncorp, and Bendigo Bank lead the dividend chart.
• Yields remain robust across financials and credit income funds.
• Ex-dividend dates span May 28–30, 2025.
   

As May draws to a close, Australian investors are closely watching a fresh round of dividends hitting the ASX. The financial sector dominates the upcoming dividend landscape, with big names like Macquarie Group (ASX: MQG), Suncorp Group (ASX: SUN), and Bendigo and Adelaide Bank (ASX: BEN) topping the list.

Macquarie Group is front and centre, with its MQGPG hybrid offering paying a hefty $1.4663 per share (35% franked) on June 16, while MQGPD delivers $1.8104 on June 10. Rounding out the series, MQGPE will distribute $1.537 on June 18. Investors keen on income plays will note that Macquarie’s yields across these instruments hover around 1.4–1.7%—a steady return for yield-focused portfolios.

Suncorp Group isn’t far behind, with multiple hybrids—SUNPH, SUNPJ, and SUNPI—all going ex-dividend on May 30, offering payouts of $1.255, $1.22, and $1.238 respectively (100% franked). These instruments deliver yields between 1.18% and 1.23%, reinforcing Suncorp’s commitment to shareholder returns.

Bendigo and Adelaide Bank (BENPI) also stands tall, declaring a $1.291 dividend (100% franked), ex-date May 30, and payable June 13. With a yield of 1.24%, BENPI continues to offer a solid income stream for investors seeking stability.

Beyond the big banks, a range of credit funds and trusts add diversity. The KKR Credit Income Fund (KKC) and Gryphon Capital Income Trust (GCI) will go ex on May 29, offering smaller but consistent payouts of $0.0167 and $0.013, respectively. Otto Energy (OEL) surprises with a whopping 11% yield on a modest $0.001 interim dividend, highlighting the quirks of yield math on lower-priced stocks.

For investors looking at upcoming dividend ex-dates, May 28–30 is the critical window, with payouts scheduled through mid-June. The consistency across financial hybrids and credit funds underscores the ASX’s income-generating appeal amid global market volatility.

As dividend season unfolds, income investors have a rich landscape of options to consider—balancing yields, payout timing, and franking benefits.