Investors seeking high dividend stocks on the ASX have something to celebrate as this ASX Dividend gem makes a strong comeback. After facing recent market headwinds, this stock is now rebounding, fueled by robust earnings and improving economic conditions. For those focused on best long-term dividend stocks on the ASX, this company offers an attractive combination of stability and growth. Its strong balance sheet and consistent payouts position it among the top choices for investors eyeing upcoming dividends on the ASX for a long-term investment approach.

A key factor in its resurgence is its solid dividend yield, which remains competitive even compared to high dividend REITs in Australia. With interest rates stabilizing, dividend-focused investors are turning back to reliable income stocks, particularly in sectors like real estate and infrastructure, where REIT dividends in Australia continue to shine. This stock’s impressive performance and strategic growth initiatives suggest a positive outlook for its future payouts.

As we move into the next quarter, savvy investors should keep an eye on this stock’s upcoming dividends on the ASX, as it continues to gain momentum. Whether you are a long-term income investor or looking for short-term opportunities, this resilient ASX 200 stock stands out among best long-term dividend stocks on the ASX. With upcoming dividends and a strong dividend history, it remains a compelling choice for Aussie Investors.

Stanmore Resources Limited (ASX: SMR)

Stanmore Resources Limited wrapped up 2024 with record-breaking production, defying challenges like extreme weather conditions and the planned closure of its Millennium operation. The company’s saleable coal output hit 13.8 million tonnes, surpassing expectations. This strong performance was led by its South Walker Creek and Poitrel mines, both of which achieved their highest-ever production and sales volumes. Despite heavy rainfall in December and a scheduled two-week maintenance shutdown at South Walker Creek’s coal handling and preparation plant (CHPP), Stanmore successfully maintained stockpiles to ensure smooth first-quarter sales in 2025.

Financially, Stanmore ended the year on solid ground, holding US$289 million in cash and maintaining total liquidity above US$500 million. A newly secured US$150 million revolving credit facility provided additional flexibility, allowing the company to navigate commodity market cycles and invest in future growth. Major capital expenditures in 2024 included mine expansions, infrastructure upgrades, and exploration projects, all aimed at boosting long-term efficiency and output.

On the safety front, Stanmore made significant progress, reducing its serious accident frequency rate (SAFR) to 0.30 by the end of 2024—well below the industry average. The company enhanced its safety programs and risk management strategies, ensuring a safer work environment across its operations.

South Walker Creek produced 6.3 million tonnes during the year, overcoming weather-related disruptions with improved dragline performance and increased overburden removal. The recently completed CHPP expansion is expected to increase production capacity to 9.4 million tonnes per annum (Mtpa) in 2025. Poitrel also set a new record with 4.6 million tonnes of saleable production, benefiting from streamlined processing schedules and added CHPP capacity. At the Isaac Plains Complex, despite weather challenges, record run-of-mine (ROM) coal production was achieved, with a strong focus on plant efficiency improvements.

Exploration and development efforts saw considerable advancements in 2024. The South Walker Creek expansion project was completed ahead of schedule, strengthening Stanmore’s mining capabilities. Meanwhile, the Isaac Downs Extension Project moved forward with environmental approvals, alongside continued drilling and environmental assessments. The company also invested US$5 million in exploration initiatives, including a 3D seismic study at Lancewood and groundwater monitoring programs.

In the global market, Stanmore remains resilient despite fluctuations in metallurgical coal prices, which are influenced by Chinese steel exports and growing demand in India. Stable Queensland export volumes and ongoing improvements in supply chain efficiency further support the company’s position in the market.

Heading into 2025, Stanmore is focused on ramping up production, managing costs, and driving strategic growth initiatives. With a strong financial foundation, enhanced operational capacity, and a solid market position, the company is well-equipped to continue its upward trajectory in the global metallurgical coal industry.

Looking for More ASX Stock Opportunities?

While these three stocks have delivered exceptional returns in a challenging market, there are other promising ASX stocks worth considering.

To help Australian investors make informed decisions, we’ve compiled an exclusive Free Report on the Top 5 ASX Stocks to Buy in February 2025. This in-depth report highlights high-potential companies with strong fundamentals and growth prospects.

Download your free report today at freereport.pristinegaze.com.au and stay ahead of the market!

Disclaimer: Pristine Gaze Pty Ltd trading as Pristine Gaze (ABN 66 680 815 678) and (ACN 680 815 678) is a Corporate Authorised Representative (CAR No. 001312049) of Alpha Securities Pty Ltd (AFSL 330757). The information provided is general information only. Any advice is general advice only. No consideration has been given or will be given to individual objectives, financial situation, or specific needs of any particular person or organisation. The decision to engage our services and the method selected is a personal decision and involves inherent risks, and you must undertake your own investigations and obtain independent advice regarding suitability for your circumstances. Past performance, examples, or projections are not indicative of future results. While we strive to provide accurate information, we make no guarantees regarding the accuracy or completeness of our materials. The website may also contain links to third-party websites or resources, for which Pristine Gaze is not responsible. All content and intellectual property on the Pristine Gaze website, including but not limited to text, graphics, logos, and images, are the property of Pristine Gaze and are protected by applicable copyright and trademark laws. By accessing or using the Pristine Gaze website, you acknowledge and agree to the terms of this disclaimer. Please read our Terms and Conditions ,Privacy Policy and Financial Service Guide for further information. Please read our Terms and Conditions, Privacy Policy and Financial Service Guide for further information.