In This Article:
As global markets experience a rebound driven by cooling inflation and strong bank earnings, investors are increasingly looking to dividend stocks as a reliable source of income amidst fluctuating economic conditions. In this context, identifying exceptional dividend stocks that offer attractive yields can provide stability and potential growth in an investment portfolio.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Financial Institutions (NasdaqGS:FISI) | 4.45% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.29% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 6.17% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.97% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.68% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.53% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.49% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.91% | ★★★★★★ |
| E J Holdings (TSE:2153) | 4.09% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.91% | ★★★★★★ |
Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Essex Bio-Technology
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Essex Bio-Technology Limited is an investment holding company that develops, manufactures, distributes, and sells bio-pharmaceutical products in the People’s Republic of China, Hong Kong, and internationally with a market cap of HK$1.57 billion.
Operations: Essex Bio-Technology's revenue is primarily derived from its Surgical segment, which generated HK$871.44 million, and its Ophthalmology segment, with HK$747.39 million in revenue.
Dividend Yield: 4.3%
Essex Bio-Technology's dividend payments are well-covered by earnings and cash flows, with a low payout ratio of 22.7% and cash payout ratio of 32.2%. However, its dividend yield of 4.27% is modest compared to the top quartile in Hong Kong. Despite trading at a favorable price-to-earnings ratio of 6.1x, the company's dividends have been volatile over the past decade, indicating an unstable track record for income-focused investors.
Chuetsu Pulp & Paper
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Chuetsu Pulp & Paper Co., Ltd. operates in the production, processing, and sale of paper, pulp, and related by-products both in Japan and internationally, with a market cap of ¥19 billion.
Operations: Chuetsu Pulp & Paper Co., Ltd.'s revenue segments include the Paper and Pulp Manufacture Business, generating ¥100.93 billion, and the Power Generation Business, contributing ¥6.11 billion.