In This Article:
In a global market environment characterized by declining major stock indexes and expectations of further interest rate cuts from the Federal Reserve, investors are increasingly seeking stability amidst volatility. With growth stocks recently outperforming value stocks and inflationary pressures persisting, dividend stocks present an appealing option for those looking to generate income while potentially benefiting from long-term capital appreciation.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.27% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.22% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.73% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 4.05% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.22% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.32% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.46% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 3.93% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.65% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.88% | ★★★★★★ |
Click here to see the full list of 1849 stocks from our Top Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Cairo Communication
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Cairo Communication S.p.A. is a communication company operating mainly in Italy and Spain, with a market cap of €344.78 million.
Operations: Cairo Communication S.p.A.'s revenue segments include RCS at €861.70 million, Advertising at €357.40 million, Magazine Publishing Cairo Editore at €81.40 million, and TV Publishing La7 and Network Operator at €120 million.
Dividend Yield: 6.2%
Cairo Communication's dividend payments have been volatile over the past decade, with significant annual drops. Despite this, dividends are well covered by earnings and cash flows, with a payout ratio of 50.2% and a cash payout ratio of 23.8%. The company's dividend yield is in the top 25% of Italian market payers but remains unreliable due to its unstable track record. Recent earnings show improved net income despite slight revenue decline.
Meitav Trade Investments
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Meitav Trade Investments Ltd offers financial investment services and has a market cap of ₪432.65 million.
Operations: Meitav Trade Investments Ltd generates revenue from its asset management segment, totaling ₪175.70 million.
Dividend Yield: 8.3%
Meitav Trade Investments recently initiated dividend payments, with a cash payout ratio of 69.2% and earnings coverage at 45.6%, indicating sustainability. The dividend yield is notably high, ranking in the top 25% of the Israeli market. Recent financials show increased revenue to ILS 46.12 million and net income of ILS 11.74 million for Q3, suggesting solid performance despite a slight decline in earnings per share from continuing operations compared to last year.