The King Indices benchmark the performance of the best Australian dividend-paying companies.
Dividend-based investing is a strategy based on strong evidence. Our Australian research found that:
- Over 90% of long-term returns come from dividends
- Dividends provide long-term protection against inflation
US and European researchers produced similar results.
There was no suitable benchmark available for dividend investing in Australia. So, the King Indices were developed.
A scoring system for dividend consistency is used to create the two King Indices:
King10 Index
- The 10 highest scoring companies
- King10 has performed over 12 times better than the ASX200
King20 Index
- The 20 highest scoring companies
- King20 has performed over 10 times better than the ASX200
Both indices have consistently performed better than the ASX200 Index since 2000. The ASX200 Index, which is the most quoted Australian stock market index, consists of the 200 largest companies on the Australian Securities Exchange.
The total return (price change + cash dividends) from 31 March 2000 to 30 June 2016 is the King10 gained 2,920%, King20 is up 2,504% and the ASX200 rose 233%.
The graph shows the performance of the King Indices and the ASX200 since 31 March 2000.
Growth of $100,000 invested on 31 March 2000

For more information about King Indices performance.
King Index Premium Subscription Service
The King Index premium subscription service offers subscribers access to the King10 and King20 indices.
Contact us for information about subscribing.
General Disclaimer
King Indices is a trading name for AJK Consulting Pty Ltd (ACN 065 296 040).
© 2017 AJK Consulting Pty Ltd (ACN 065 296 040). All rights reserved.
AJK Consulting Pty Ltd is not a licensed investment advisor.
It is not possible to invest directly in an index. The King10 and King20 indices are benchmark indices which measure the performance of the constituents of each index. Past performance of an index is not a guarantee of future results. AJK Consulting Pty Ltd is not an investment advisor and makes no representation regarding the advisability of investing in any investment vehicle that seeks to track any of its indices. Inclusion of a security within an index is not a recommendation by AJK Consulting Pty Ltd to buy, sell, or hold such security, nor is it considered to be investment advice.