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As global markets experience fluctuations with U.S. stock indexes nearing record highs and inflation concerns influencing monetary policy, investors are increasingly seeking stability amidst the uncertainty. In such an environment, dividend stocks can offer a reliable income stream, providing a buffer against market volatility while potentially enhancing portfolio returns through regular payouts.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Wuliangye YibinLtd (SZSE:000858) | 3.93% | ★★★★★★ |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.37% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.84% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.01% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.91% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.55% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.40% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.07% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.20% | ★★★★★★ |
Archer-Daniels-Midland (NYSE:ADM) | 4.44% | ★★★★★★ |
Click here to see the full list of 1986 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Kyung Nong
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Kyung Nong Corporation is involved in the manufacture and sale of agricultural chemicals in South Korea, with a market capitalization of approximately ₩166.32 billion.
Operations: Kyung Nong Corporation's revenue segments include Agrochemical at ₩207.09 billion and Fertilizer Business at ₩108.15 billion.
Dividend Yield: 7.0%
Kyung Nong's dividend yield of 6.98% places it among the top 25% in the Korean market, supported by a payout ratio of 70.4% and a cash payout ratio of 43.2%, indicating dividends are well-covered by earnings and cash flows. However, its dividend history is marked by volatility over the past decade despite some growth, suggesting potential instability in future payments. The stock trades significantly below estimated fair value, offering potential for value investors.
Sahamitr Pressure Container
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sahamitr Pressure Container Public Company Limited manufactures and sells LPG and other pressure cylinders across Asia, Africa, America, and internationally with a market capitalization of THB4.98 billion.
Operations: Sahamitr Pressure Container generates revenue primarily from its Packaging & Containers segment, amounting to THB4.58 billion.
Dividend Yield: 7.2%