The 10 Largest, Most Liquid Australian Stocks

The Dow Jones Australia Titans 30 Index represents the 30 largest and most liquid stocks traded in the Australian market. Stocks are selected based on the rankings by float-adjusted market capitalization and average trading volume.

Australian stocks generally pay high dividends. Hence this index has an yield of 4.61% as of August 31, 2009. After losing about 49% last year, the index is up 50.50% year-to-date as of August 31,2009 in US dollar terms. Financials make up about 55% of the index.

The Top 10 Components and their current dividend yields are listed below:

1.Westpac Banking Corp. (WBK)
Current Dividend Yield = 4.25%

2. Commonwealth Bank of Australia

3. National Australia Bank Ltd. (OTC: NABZY.PK)
Current Dividend Yield = 4.85%

4. BHP Billiton Ltd. (BHP)
Current Dividend Yield = 2.62%

5. Australia & New Zealand Banking Group Ltd. (OTC: ANZBY.PK)
Current Dividend Yield = 4.10%

6. Woolworths Ltd.

7. Westfield Group (OTC: WFGPY.PK)
Current Dividend Yield = 7.37%

8. Wesfarmers Ltd.

9. Rio Tinto Ltd. (RTP)

10. QBE Insurance Group Ltd.