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As global markets react to recent interest rate cuts by the ECB and SNB, and with expectations rising for a Fed rate cut, investors are navigating a landscape marked by mixed index performances and economic indicators. Amidst these fluctuations, dividend stocks can offer a measure of stability and income potential, particularly in an environment where growth stocks have been outperforming value stocks. In this context, selecting dividend stocks with solid yields can be an effective strategy for those seeking consistent returns amidst broader market volatility.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Guaranty Trust Holding (NGSE:GTCO) | 7.05% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.58% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.27% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.22% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 4.05% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 3.93% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.65% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.88% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.67% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.42% | ★★★★★★ |
Click here to see the full list of 1847 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Mashreqbank PSC
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Mashreqbank PSC offers a range of banking and financial services to individuals and small businesses, with a market cap of AED43.73 billion.
Operations: Mashreqbank PSC's revenue segments include Retail at AED4.23 billion, Wholesale Banking at AED4.86 billion, Insurance & Others at AED1.62 billion, and Treasury and Capital Markets at AED1.29 billion.
Dividend Yield: 8.5%
Mashreqbank PSC offers a dividend yield of 8.49%, placing it in the top 25% of dividend payers in the AE market. The bank's low price-to-earnings ratio (5.1x) suggests good value compared to peers, yet its dividends have been volatile over the past decade. Despite this, dividends are currently well-covered by earnings with a payout ratio of 43.2% and are expected to remain sustainable with a forecasted payout ratio of 51.3% in three years.
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Click to explore a detailed breakdown of our findings in Mashreqbank PSC's dividend report.
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Our valuation report here indicates Mashreqbank PSC may be undervalued.
Berner Kantonalbank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Berner Kantonalbank AG provides banking products and services to private individuals and corporate customers in Switzerland, with a market cap of CHF 2.16 billion.
Operations: Berner Kantonalbank AG generates revenue of CHF 539.60 million from its banking segment, serving both private individuals and corporate clients in Switzerland.