TLC News: Exploring ASX Dividend Stocks: Avoiding Lottery And Highlighting One Superior Option - 3rd Jul 2024, 5:06am

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In the pursuit of reliable dividend income from ASX-listed companies, investors should be cautious about high payout ratios. While a generous dividend can be appealing, it's essential to verify if these payouts are supported by the company's earnings. A high payout ratio may indicate that dividends are not sustainable over time, potentially leading to financial difficulties for the company, as seen with some firms like Lottery.

Top 10 Dividend Stocks In Australia

Name Dividend Yield Dividend R...

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