As global markets navigate mixed signals, with U.S. stocks closing a strong year despite recent volatility and economic indicators showing both strengths and weaknesses, investors are increasingly looking to stabilize their portfolios. In this environment, dividend stocks can offer a reliable income stream and potential for growth, making them an attractive option for those seeking balance amidst market fluctuations.
Top 10 Dividend Stocks
Name
Dividend Yield
Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)
5.10%
★★★★★★
Southside Bancshares (NYSE:SBSI)
4.61%
★★★★★★
Yamato Kogyo (TSE:5444)
4.04%
★★★★★★
Padma Oil (DSE:PADMAOIL)
7.41%
★★★★★★
GakkyushaLtd (TSE:9769)
4.39%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: ABN AMRO Bank N.V. offers a range of banking products and financial services to retail, private, and business clients both in the Netherlands and internationally, with a market cap of approximately €12.49 billion.
Operations: ABN AMRO Bank's revenue segments include Corporate Banking (€3.40 billion), Wealth Management (€1.55 billion), and Personal & Business Banking (€4.08 billion).
Dividend Yield: 10%
ABN AMRO Bank's dividend is covered by earnings, with a current payout ratio of 72.8% and a forecasted 50.4% in three years, suggesting sustainability despite its volatile nine-year history. The dividend yield is among the top 25% in the Dutch market at 9.99%, but earnings are expected to decline by an average of 8.9% annually over the next three years, potentially impacting future payouts. Recent Q3 results showed decreased net income year-over-year to €690 million from €759 million.
Overview: Taekyung Industry.Co., Ltd. is a company that manufactures and sells ferroalloy and calcium carbonate materials both in South Korea and internationally, with a market cap of ₩147.02 billion.
Operations: Taekyung Industry.Co., Ltd.'s revenue is primarily derived from Lime Manufacturing (₩247.29 billion), Non-Ferrous Metals Division including Ferro Alloy (₩137.36 billion), Rest Area and Gas Station (₩106.19 billion), Carbon Dioxide (₩98.43 billion), Fuel (₩80.01 million), and the Light Bulb Business (₩27.46 million).
Dividend Yield: 5.4%
Taekyung Industry's dividend is well-supported by earnings, with a payout ratio of 29.1% and a cash payout ratio of 27.7%. Despite trading significantly below its estimated fair value, the company has only paid dividends for five years, with payments declining over time. Recent Q3 results showed strong growth in net income to KRW 6,613.3 million from KRW 2,989.02 million year-over-year, highlighting potential for future stability despite past volatility in dividend reliability.
Overview: Nippon Express Holdings, Inc., along with its subsidiaries, offers logistics services across Japan, the Americas, Europe, East Asia, South Asia, and Oceania and has a market cap of ¥630.92 billion.
Operations: Nippon Express Holdings generates revenue from several segments, including Logistics - Japan (¥1.24 billion), Logistics Support (¥419.01 million), Logistics - Europe (¥421.35 million), Logistics - Americas (¥155.56 million), Logistics - East Asia (¥169.29 million), Security Transportation (¥68.59 million), Heavy Goods Construction (¥47.70 million), and Logistics - South Asia / Oceania (¥150.33 million).
Dividend Yield: 4.1%
Nippon Express Holdings' dividend yield of 4.12% ranks in the top 25% of Japanese market payers but is not well-supported by earnings, with a high payout ratio of 105%. Despite a low cash payout ratio of 21.3%, indicating coverage by cash flows, dividends have been volatile over the past decade. Recent earnings results show sales at ¥1.9 trillion for nine months ending September 2024, yet large one-off items affect financial stability and reliability.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ENXTAM:ABN KOSE:A015890 and TSE:9147.
