Market analysis highlights high-yield dividend stocks in Canada and Australia

Financial analysis identifies several companies offering high dividend yields despite recent market volatility or business challenges.

In Canada, Enghouse Systems (TSX: ENGH) has seen its share price decline by approximately 13% over the past year, bringing its annualized dividend yield to 6.8%. The Markham-based enterprise software provider reported a 6.4% year-over-year revenue decrease to $117.6 million in its third fiscal quarter. Despite declines in software-as-a-service and maintenance revenue, recurring revenue remains a significant portion of the business.

In Australia, Arena REIT (ASX: ARF) has upgraded its distribution guidance to 20 cents per share for FY27, representing a 7.4% yield. This follows a period of uncertainty after a major tenant, Edge Early Learning Centres, entered administration. Additionally, New Zealand-focused telecommunications company Chorus Ltd (ASX: CNU) maintains a stable connection base, with analysts noting its potential for sustainable dividend growth.