3 Dividend Stocks To Consider With Yields Up To 9.6%

In This Article:

As global markets navigate a period of economic uncertainty with central banks adjusting interest rates and inflationary pressures persisting, investors are increasingly seeking stability through dividend stocks. In such an environment, selecting stocks that offer reliable dividend yields can provide a steady income stream and potentially mitigate market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.23%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.23%

★★★★★★

Yamato Kogyo (TSE:5444)

4.00%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.19%

★★★★★★

GakkyushaLtd (TSE:9769)

4.41%

★★★★★★

Nihon Parkerizing (TSE:4095)

4.01%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.96%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.61%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.36%

★★★★★★

E J Holdings (TSE:2153)

3.83%

★★★★★★

Click here to see the full list of 1831 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Sodexo

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

Overview: Sodexo S.A. is a global provider of food services and facilities management solutions, with a market cap of €11.77 billion.

Operations: Sodexo S.A. generates revenue from its operations across Europe (€8.45 billion), North America (€11.11 billion), and the Rest of the World (€4.24 billion).

Dividend Yield: 3.3%

Sodexo's dividend strategy shows mixed signals for investors. While the company recently proposed a 17.8% increase in its ordinary dividend to €2.65 per share, aligning with a 50% payout ratio, its dividends have been volatile over the past decade. Despite this, dividends are well-covered by earnings and cash flows with payout ratios of 52.6% and 40.3%, respectively. However, Sodexo's high debt level and low dividend yield compared to peers may concern some investors seeking stability in dividend stocks.

ENXTPA:SW Dividend History as at Dec 2024
ENXTPA:SW Dividend History as at Dec 2024

Spark New Zealand

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

Overview: Spark New Zealand Limited, along with its subsidiaries, offers telecommunications and digital services in New Zealand and has a market capitalization of NZ$5.31 billion.

Operations: Spark New Zealand Limited generates revenue from various segments, including NZ$180 million from Voice, NZ$1.47 billion from Mobile, NZ$613 million from Broadband, NZ$527 million from IT Products, NZ$165 million from IT Services, and NZ$37 million from Data Centres.

Dividend Yield: 9.7%