Unlock stock picks and a broker-level newsfeed that powers Wall Street.

3 Dividend Stocks To Consider With Up To 5.7% Yield

In This Article:

In the wake of recent political shifts and economic policy adjustments, global markets have experienced notable rallies, with U.S. indices reaching record highs fueled by expectations of growth-friendly policies. Amidst these dynamic market conditions, investors often turn to dividend stocks as a potential source of steady income and stability, especially when navigating uncertain economic landscapes. A good dividend stock typically offers a reliable yield and demonstrates resilience in varied market environments, making them an attractive consideration for those seeking consistent returns amidst fluctuating economic indicators.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.53%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.19%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

6.83%

★★★★★★

GakkyushaLtd (TSE:9769)

4.57%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.42%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.67%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

3.92%

★★★★★★

CAC Holdings (TSE:4725)

4.53%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.38%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.44%

★★★★★★

Click here to see the full list of 1940 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Bumitama Agri

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Bumitama Agri Ltd. is an investment holding company involved in the production and trade of crude palm oil, palm kernel, and related products for refineries in Indonesia, with a market cap of SGD1.44 billion.

Operations: Bumitama Agri Ltd. generates revenue from its Plantations and Palm Oil Mills segment, amounting to IDR15.55 trillion.

Dividend Yield: 5.8%

Bumitama Agri's dividend payments have been volatile over the past decade, though they have shown growth. The dividends are well-covered by both earnings and cash flows, with payout ratios of 47.2% and 54.8%, respectively. Despite trading at a significant discount to its estimated fair value, its dividend yield of 5.79% is slightly below the top quartile in Singapore's market. Recent earnings show a decrease in net income compared to last year, potentially impacting future payouts.

SGX:P8Z Dividend History as at Nov 2024
SGX:P8Z Dividend History as at Nov 2024

Wangneng EnvironmentLtd

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Wangneng Environment Co., Ltd offers solid waste solutions in China with a market cap of CN¥6.64 billion.