5 High Yield Australian Dividend Stocks

Today I'm focusing on five stocks that have a good dividend history and are listed on the ASX, the Australian Stock Exchange :

- Ardent Leisure Group (AAD.ASX) is an Australian based leisure company. Its operating portfolio has over 100 assets across Australia, New Zealand and the United States. Originally it was known as the Macquarie Leisure Trust. AAD’s portfolio of operations includes theme parks, ten pin bowling center, marinas, health clubs and the US-based Main Event family entertainment center. The market capitalization is 576.77 million. The P/E ratio is 38.16 with a dividend yield of 8.14%.

- AMP Limited (AMP.ASX) is a financial services company based in Australia. It operates in Australia and New Zealand. Its subsidiary, AMP Capital, has a growing international presence with offices in Bahrain, China, Hong Kong, India, Japan, Luxembourg, Singapore, the United Kingdom and the United States. It provides advice regarding finances, banking, life insurance. It also manages funds, superannuation, property, listed assets and infrastructure. These are AMP's three major business units: AMP financial service provider, AMP capital manager, AMP self-managed superannuation funds (SMSF). The company's market capitalization is 14.60 billion. The P/E ratio is 20.63 with a dividend yield of 4.92%.

- Lend Lease Group (LLC.ASX) is a multinational property and infrastructure company. It's headquartered in Sydney. The company creates vibrant residential communities, productive workplaces and retail destinations. This company operates in more than 40 countries around the world. They run their business in residential markets, including apartment development, Greenfield residential development, investment management of unlisted property funds, property management, real estate sales and leasing, public private partnerships, iInfrastructure development and venture capital investment in innovative technologies. The market capitalization is 5.68 billion. The P/E ratio is 10.17 with a dividend yield of 4.21%.

- Credit Corp Group (CCP.ASX) is an Australian management company whose primary lines of business are debt purchase and collection. The company is based in Sydney. They purchase consumers and small entrepreneur’s debt from Australian and New Zealand banks, finance companies and telecommunication companies. Since 2000 the company is listed on the Australian Securities Exchange (ASX). The market capitalization is 409.03 million. The P/E ratio is 13.45 with a dividend yield of 4.04%.

- Australian Leaders Fund Limited (ALF.ASX) is an Australian based investment company. The company makes investments in listed and unlisted companies. The investment objective is to deliver returns over the medium term within acceptable risk parameters while preserving the company’s capital. It has a market capitalization of 106.61 million, P/E ratio is 5.44 and the dividend yield is 8.11%.