3 Dividend Stocks Offering Yields Up To 7.0%

In This Article:

As global markets navigate a mix of rising treasury yields, fluctuating consumer confidence, and varied economic signals across regions, investors continue to seek stability amid uncertainty. In this environment, dividend stocks offering attractive yields can provide a steady income stream while potentially mitigating some market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.71%

★★★★★★

Yamato Kogyo (TSE:5444)

4.04%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.45%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1973 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

CNOOC

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

Overview: CNOOC Limited is an investment holding company involved in the exploration, development, production, and sale of crude oil and natural gas in China, Canada, and internationally, with a market cap of approximately HK$932.91 billion.

Operations: CNOOC Limited generates revenue primarily through its activities in the exploration, development, production, and sale of crude oil and natural gas across various regions including China and Canada.

Dividend Yield: 7.1%

CNOOC's dividend payments are well covered by earnings and cash flows, with a payout ratio of 41.7% and a cash payout ratio of 55.4%. Despite trading at 62.6% below its estimated fair value, the dividend yield of 7.07% is lower than the top tier in Hong Kong. Recent earnings showed growth, but dividends have been volatile over the past decade, raising concerns about their reliability despite an overall increase in payouts during this period.

SEHK:883 Dividend History as at Jan 2025
SEHK:883 Dividend History as at Jan 2025

Nonthavej Hospital

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

Overview: Nonthavej Hospital Public Company Limited operates as a hospital in Thailand with a market cap of THB4.84 billion.

Operations: Nonthavej Hospital Public Company Limited generates revenue from its medical treatment services, totaling THB2.54 billion.

Dividend Yield: 4.8%

Nonthavej Hospital's dividends are reasonably covered by earnings and cash flows, with payout ratios of 60.2% and 63.3%, respectively. However, the dividend track record is unstable, with past volatility exceeding a 20% annual drop despite overall growth over ten years. Trading at 24% below estimated fair value, its dividend yield of 4.79% remains low compared to Thailand's top tier payers. Recent earnings showed modest growth in revenue and net income for Q3 2024.