The Australian market makes up just 1.5% of the world's total share market value. Additionally to being a fairly small market, it is very concentrates in both terms of the sectors and the shares available. The country also offers many advantages as an investment destination. The companies in Australia have generally higher dividend yields than most US companies. Here I am sharing five Australian dividend dates that can make profit for you.

Macquarie Group Ltd (ASX: MQG)

It is an Australia-based non-operating holding company. MQG is also a financial services provider of banking, financial, advisory, investment and funds management services. Its segments are Macquarie Funds Group, Corporate and Asset Finance, Banking and Financial Services Group, Macquarie Securities Group, Macquarie Capital, Fixed Income, and Currencies and Commodities. On January 4, 2013 the company's subsidiary, Macquarie European Rail acquired a business a rolling stock leasing business.

It has a market capitalization of 15.21 Billion, EPS is 2.44, P/E ratio is 18.33 and the dividend yield is 4.47% at the annual dividend payout of 1.25.

Wesfarmers Ltd (ASX: WES)

It is engaged in retailing operations which include supermarkets, general merchandise and specialty department stores, fuel, liquor and convenience outlets, retailing of home improvement and outdoor living products and supply of building materials, retailing of offices and technology products, coal mining and production, gas processing and distribution, insurance, industrial and safety product distribution, chemicals and fertilizers manufacture and investments. The company has four operating segments such as Retail, Insurance, Industrial and Other.

It has a market capitalization of 47.39 Billion, EPS is 1.96, P/E ratio is 20.94 and the dividend yield is 4.40% at the annual dividend payout of 1.03.

Specialty Fashion Group Ltd (ASX: SFH)

It is an Australia-based company which is engaged in retailing of women's fashion in Australia and New Zealand. The company operates under the brand name Millers, Crossroads, Katies, Autograph, City Chic and La Senza. Its brands include MILLER, KATIES, CROSSROAD, AUTOGRAPH, CITY-CHIC, LA-SENZA and STYLEFIX. As of June 30, 2012 the company's subsidiaries include Miller's Fashion Club (QID) Pty Limited, Miller's Fashion Club (VIC) Pty Limited, Miller's Fashion Club (WA) Pty Limited, and Specialty Fashion Group No. 1 Pty Limited, specialty Fashion Group No. 2 Pty limited and Specialty Fashion Group No. 3 Pty limited.

It has a market capitalization of 188.39 Million, EPS is 0.07, P/E ratio is 14.52 and the dividend yield is 4.08% at the annual dividend payout of 0.02.

JB Hi-Fi Limited (ASX: JBH)

It is engaged in the retailing of home consumer products from stand-alone destination sites, shopping center locations and its online stores. The company provides a range of brands with particular focus on consumer electronics and software including music, games and movies. It also offers a range of home entertainment and consumer electrical products at discounted prices. In December 2011, the company launched JB H-FI NOW digital music streaming service. In June 2013 National Australia Bank Limited ceased to be holder of the Company.

It has a market capitalization of 1.84 Billion, EPS is 1.17, P/E ratio is 15.82 and the dividend yield is 3.88% at the annual dividend payout of 0.22.

Reject Shop Ltd (ASX: TRS)

The company is engaged in retailing of discount variety merchandise. It provides a variety of general consumer merchandise, with focus on everyday needs, such as toiletries, cosmetics, home wares, personal care products, hardware, basic furniture, household cleaning products, kitchenware, confectionery and snack food and lifestyle and seasonal merchandise including seasonal gifts, cards and wrapping, toys, leisure items and home decorations. A of July 1, 2012 it had 239 stores nationwide. TRS Trading Group Pty Ltd is the company's non-operating subsidiary. On July 4, 2012 it opened Burwood VIC.

It has a market capitalization of 489.61 Million, EPS is 0.74, P/E ratio is 23.04 and the dividend yield is 2.18% at the annual dividend payout of 0.13.