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As global markets navigate a mixed start to the new year with U.S. stocks closing out a strong 2024 despite recent slumps, investors are keenly observing economic indicators like the Chicago PMI and GDP forecasts that suggest cautious optimism. In such an environment, high-quality dividend stocks can offer stability and income potential, especially as they often represent companies with robust financial health and consistent cash flow—key attributes in uncertain times.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.09% | ★★★★★★ |
| Financial Institutions (NasdaqGS:FISI) | 4.55% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 6.49% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.68% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.41% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.37% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.93% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.97% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 6.15% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.99% | ★★★★★★ |
Click here to see the full list of 1985 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Altri SGPS
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Altri SGPS is a company that produces and sells cellulosic fibers and energy both in Portugal and internationally, with a market cap of €1.11 billion.
Operations: Altri SGPS generates revenue primarily from the production and commercialization of cellulosic fibers, amounting to €841.88 million.
Dividend Yield: 4.6%
Altri SGPS's dividend payments are well covered by both earnings and cash flows, with a payout ratio of 49.2% and a cash payout ratio of 22.6%. Despite its volatile dividend history, the company has increased dividends over the past decade. However, Altri's current yield of 4.62% is below top-tier levels in Portugal. Recent financial results show significant revenue and net income growth, which may support future dividend stability amidst high debt levels.
TS
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: TS Corporation operates as a food company in South Korea with a market cap of ₩236.21 billion.
Operations: TS Corporation's revenue segments include Feed at ₩243.62 billion, Livestock Distribution at ₩377.47 billion, and Food (Excluding Animal Feed Stuffs) at ₩788.04 billion.
Dividend Yield: 4.3%
TS Corporation's dividends are well covered by earnings and cash flows, with payout ratios of 43.7% and 49.5%, respectively. Despite stable dividend growth over six years, the company has a relatively short dividend history. The recent ex-dividend date was November 25, 2024, with a cash dividend scheduled for December 27, 2024. Although third-quarter earnings declined year-over-year, the stock's price-to-earnings ratio of 10.1x suggests it offers good value compared to the KR market average of 11.7x.