In the midst of geopolitical tensions and concerns about consumer spending, global markets have experienced notable fluctuations, with major U.S. indexes closing lower despite midweek gains. Amidst this backdrop, dividend stocks can offer a measure of stability and income potential for investors seeking to navigate uncertain economic conditions.
Top 10 Dividend Stocks
Name
Dividend Yield
Dividend Rating
Wuliangye YibinLtd (SZSE:000858)
3.91%
★★★★★★
Padma Oil (DSE:PADMAOIL)
7.61%
★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)
5.03%
★★★★★★
Tsubakimoto Chain (TSE:6371)
4.24%
★★★★★★
Daito Trust ConstructionLtd (TSE:1878)
4.06%
★★★★★★
Nihon Parkerizing (TSE:4095)
3.92%
★★★★★★
Citizens & Northern (NasdaqCM:CZNC)
5.37%
★★★★★★
GakkyushaLtd (TSE:9769)
4.48%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: Jardine Cycle & Carriage Limited is an investment holding company involved in diverse sectors such as financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property across Indonesia and internationally with a market cap of SGD10.50 billion.
Operations: Jardine Cycle & Carriage Limited generates revenue from various sectors including financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property.
Dividend Yield: 5.9%
Jardine Cycle & Carriage's dividends are well-covered by earnings and cash flows, with payout ratios of 44.4% and 30.8%, respectively, despite a volatile dividend history over the past decade. Trading at 45.8% below estimated fair value, it offers a competitive dividend yield in Singapore's market top quartile. Recent executive changes include Jean-Pierre Felenbok joining the Audit & Risk Committee and adjustments following Mikkel Larsen's passing to maintain board independence.
Overview: CTCI Advanced Systems Inc., along with its subsidiaries, offers system integration services across the hydrocarbon, power, industry, transportation, and high technology sectors both in Taiwan and internationally, with a market cap of NT$4.83 billion.
Operations: CTCI Advanced Systems Inc. generates revenue from system integration (NT$1.23 billion), project construction (NT$5.79 billion), and sales (NT$165.54 million).
Dividend Yield: 6.2%
CTCI Advanced Systems trades at 44.1% below its estimated fair value, offering a dividend yield of 6.17%, placing it in Taiwan's market top quartile. Despite an unstable and volatile dividend history over the past decade, dividends are covered by earnings with a payout ratio of 75.2% and cash flows at 41.5%. Earnings grew by 11.2% last year, supporting the sustainability of current payouts despite historical volatility in payments.
Overview: Feng Hsin Steel Co., Ltd. manufactures, processes, and trades steel products in Taiwan with a market cap of NT$40.94 billion.
Operations: Feng Hsin Steel Co., Ltd. generates revenue primarily from the manufacture and processing of various angle irons, round irons, flat irons, and related products, amounting to NT$34.77 billion.
Dividend Yield: 4.9%
Feng Hsin Steel offers a dividend yield of 4.92%, ranking in the top 25% of Taiwan's market. Dividends are covered by earnings with a payout ratio of 82.3% and cash flows at 87.9%, but have been volatile over the past decade, experiencing significant drops exceeding 20%. Although trading slightly below its estimated fair value, the stock's dividend history is unreliable despite earnings growth averaging 2.6% annually over five years.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SGX:C07 TPEX:5209 and TWSE:2015.
