High-dividend stocks are particularly appealing during periods of market volatility for several reasons:

• Steady Income: Regular dividend payments can provide a predictable income stream, which is valuable when other investments may be underperforming.
• Lower Volatility: Companies that consistently pay dividends often have stable earnings and are less susceptible to market swings.
• Compounding Returns: Reinvesting dividends can lead to compounded growth over time, enhancing overall returns.

Top ASX High-Dividend Stocks as of April 30, 2025

1. Fortescue Ltd (ASX: FMG)

• Dividend Yield: Approximately 10.79%
• Overview: Fortescue is a leading iron ore producer with a strong track record of returning capital to shareholders through fully-franked dividends. The company’s robust financial performance and commitment to sustainability make it an attractive option for income-focused investors.

2. Woodside Energy Group Ltd (ASX: WDS)

• Dividend Yield: Approximately 8.08%
• Overview: As a major player in the oil and gas sector, Woodside Energy offers substantial dividends. Despite fluctuations in energy prices, the company’s consistent production and strategic investments position it well for continued dividend pay-outs.  

3. Telstra Group Ltd (ASX: TLS)

• Dividend Yield: Approximately 4.6%
• Overview: Telstra, Australia’s leading telecommunications company, has demonstrated strong financial performance, with a 7.1% increase in net profit after tax reported in the latest half-year results. The company announced a 5.6% increase in dividends, reflecting its commitment to returning value to shareholders.

4. Helia Group (ASX: HLI)

• Dividend Yield: Approximately 7.42%
• Overview: Helia Group provides lenders mortgage insurance in Australia, focusing on high loan-to-value ratio residential mortgage loans. The company’s strong capital position and consistent dividend pay-outs make it a noteworthy option for investors seeking income.

5. McMillan Shakespeare Ltd (ASX: MMS)

• Dividend Yield: Approximately 10.40%
• Overview: Operating in the financial sector, McMillan Shakespeare offers salary packaging and vehicle leasing services. The company’s strong balance sheet and consistent dividend payments make it an appealing choice for income-focused investors.

Conclusion

In uncertain market conditions, high-dividend ASX stocks can provide a measure of stability and consistent income. Companies like Fortescue, Woodside Energy, Telstra, Helia Group, and McMillan Shakespeare have demonstrated strong financial performance and a commitment to returning value to shareholders through dividends. Investors seeking to bolster their portfolios against volatility may find these stocks to be valuable additions.