Top ASX Dividend Stocks for January 2025: High Yields and Growth Potential

As the Australian share market kicks off the new year, investors are on the lookout for high-yielding dividend stocks that can provide steady income and growth potential. In this article, we'll explore some of the best ASX dividend stocks for January 2025, focusing on blue-chip dividend aristocrats and mid-cap dividend superstars.



ASX highest dividend yields: Blue-Chips
The table below shows the top 20 grossed-up dividend yields of the ASX Top 50, based on close of trade on Thursday 9 January. These companies have not missed a dividend in the last 3 years and have been vetted for consistency.

| Rank | Company | Grossed-Up Dividend Yield |
| --- | --- | --- |
| 1 | ANZ Group (ASX: ANZ) | 7.1% |
| 2 | National Australia Bank (ASX: NAB) | 6.9% |
| 3 | Westpac Banking Corp. (ASX: WBC) | 6.8% |
| 4 | APA Group (ASX: APA) | 6.7% |
| 5 | Origin Energy (ASX: ORG) | 6.6% |
| 6 | Telstra Corporation (ASX: TLS) | 6.5% |
| 7 | Transurban Group (ASX: TCL) | 6.5% |
| 8 | Amcor (ASX: AMC) | 6.4% |
| 9 | Woolworths (ASX: WOW) | 6.4% |
| 10 | Treasury Wine Estates (ASX: TWE) | 6.4% |
| 11 | The Lottery Corporation (ASX: TLC) | 6.3% |
| 12 |... |... |

ASX highest dividend yields: Mid-Caps
Now let's look at the top 40 grossed-up dividend yields ex-ASX Top 50 with a market capitalisation greater than $1 billion. These mid-cap dividend superstars offer attractive yields and growth potential.

| Rank | Company | Grossed-Up Dividend Yield |
| --- | --- | --- |
| 1 | National Storage REIT (ASX: NSR) | 4.7% |
| 2 | Centuria Industrial REIT (ASX: CIP) | 4.6% |
| 3 | Super Retail Group Ltd (ASX: SUL) | 4.5% |
| 4 | GQG Partners Inc (ASX: GQG) | 4.4% |
| 5 | Fiducian Group (ASX: FID) | 4.4% |
| 6 |... |... |



Why these ASX dividend stocks?
The ASX dividend stocks listed above offer attractive grossed-up dividend yields, making them prime candidates for the Dividend Stripping strategy. Additionally, these companies have a proven track record of consistent dividend payments and are well-positioned to continue delivering strong dividends in the coming year.

Investors should consider these high-yielding ASX dividend stocks as part of their portfolio, as they can provide steady income and growth potential. However, it's essential to conduct thorough research and consider the specific circumstances and forecasts for each company before making any investment decisions.

In conclusion, the ASX dividend stocks listed in this article offer attractive yields and growth potential. By considering these high-yielding dividend stocks, investors can build a diversified portfolio that generates steady income and capital appreciation.