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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.
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.