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In today’s unpredictable financial landscape, characterized by fluctuating markets and overall economic unease, investors are increasingly in search of stability and steady income sources. Dividend stocks, renowned for their regular payouts, present a reliable investment option, providing returns even amid market downturns.
Top 10 Dividend Stocks
Name
Dividend Yield
Dividend Rating
Tsubakimoto Chain (TSE:6371)
4.04%
★★★★★★
Allianz (XTRA:ALV)
5.33%
★★★★★★
Business Brain Showa-Ota (TSE:9658)
4.00%
★★★★★★
Guaranty Trust Holding (NGSE:GTCO)
7.03%
★★★★★★
Huntington Bancshares (NasdaqGS:HBAN)
4.60%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
4.25%
★★★★★★
Premier Financial (NasdaqGS:PFC)
5.39%
★★★★★★
Kurimoto Ltd (TSE:5602)
5.12%
★★★★★★
James Latham (AIM:LTHM)
5.85%
★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)
4.63%
★★★★★★
Click here to see the full list of 2082 stocks from our Top Dividend Stocks screener.
This selection highlights some of the stocks from our screening process.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Banco Macro S.A. provides a variety of banking services to both retail and corporate clients throughout Argentina, boasting a market capitalization of ARS4.34 trillion.
Operations: The bank generates approximately ARS3.81 billion in annual revenue, servicing diverse customer needs.
Dividend Yield: 8.8%
Banco Macro’s impressive dividend yield of 8.76% places it among the top 25% of dividend-paying companies in Argentina, backed by a solid payout ratio of 48.7%, which indicates that its dividends are manageable. Although the bank has shown growth in its earnings and holds good relative value, its past performance has been inconsistent with regard to dividend reliability. Upcoming cash dividends are confirmed through July 2024, but there are forecasts for a slight decrease in earnings over the next three years.
BASE:BMA Dividend History as at Aug 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acter Group Corporation Limited operates in the engineering sector, delivering services primarily in Taiwan and Mainland China, with a market cap of NT$34.74 billion.
Operations: Revenue is derived from engineering services across various Asian markets.
Dividend Yield: 3.7%
Acter Group’s dividends are well-supported by its earnings, with a payout ratio of 35.5%. Recent news indicates a confirmed cash dividend of TWD 744.49 million for the second half of 2023, scheduled for payment on July 26, 2024. Notably, the company is currently trading at a significant discount relative to its estimated fair value, which may attract value investors.
TPEX:5536 Dividend History as at Aug 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ferrotec Holdings Corporation is engaged in semiconductor equipment and electronic device industries in Japan and abroad, with a market capitalization of ¥102.08 billion.
Operations: The corporation generates revenues of ¥67.60 billion from electronic devices and ¥130.07 billion from semiconductor-related sectors.
Dividend Yield: 4.2%
Ferrotec Holdings offers a dividend yield of 4.17%, which is within the top tier in the Japanese market; however, its dividend payments have experienced fluctuations over the past decade. While these dividends are adequately covered by earnings, concerns arise due to a lack of support from free cash flow, which raises sustainability questions. The company’s current valuation is appealing, with a P/E ratio of 7.4, well below the market average of 13, though profit margins have seen a decline from the previous year.
TSE:6890 Dividend History as at Aug 2024
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This piece by Simply Wall St is intended for informational purposes. It features analysis rooted in historical data and analyst projections, employing an impartial approach; this article is not intended as financial guidance. It does not promote the buying or selling of stocks and does not cater to individual financial goals or circumstances. Our aim is to provide long-term focused analysis based on fundamental data. Please note that this analysis may not include the most recent company announcements that could affect stock prices. Simply Wall St holds no positions in the mentioned stocks.
Companies discussed in this article include BASE:BMA, TPEX:5536, and TSE:6890.
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Source
finance.yahoo.com