In This Article:
As global markets continue to recover from recent volatility, investors are increasingly optimistic about the potential for a "soft landing" in the U.S. economy. With inflation showing signs of easing and retail sales surging, now might be an opportune time to consider dividend stocks that offer both stability and attractive yields. In this favorable market environment, good dividend stocks stand out for their ability to provide consistent income while also offering potential for capital appreciation. Here are three leading dividend stocks yielding up to 9% that could be worth your attention.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Tsubakimoto Chain (TSE:6371) | 4.00% | ★★★★★★ |
Allianz (XTRA:ALV) | 5.12% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 5.09% | ★★★★★★ |
KurimotoLtd (TSE:5602) | 4.92% | ★★★★★★ |
Innotech (TSE:9880) | 4.61% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.48% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.45% | ★★★★★★ |
James Latham (AIM:LTHM) | 5.88% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 4.63% | ★★★★★★ |
E J Holdings (TSE:2153) | 3.82% | ★★★★★★ |
Click here to see the full list of 2069 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
AAPICO Hitech
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: AAPICO Hitech Public Company Limited manufactures and distributes automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal with a market cap of THB6.31 billion.
Operations: AAPICO Hitech Public Company Limited generates revenue primarily from the manufacture of auto parts (THB21.95 billion) and the sales of automobiles and provision of automobile repair services (THB9.67 billion).
Dividend Yield: 9.1%
AAPICO Hitech's dividend payments have increased over the past 10 years but have been volatile. Despite a high dividend yield of 9.07%, the dividends are not well covered by free cash flows, with a cash payout ratio of 129.7%. The recent board meeting approved an interim dividend payment and amendments to the company's dividend policy, despite declining net income and revenue in Q2 2024 compared to last year.
New Trend International Logis-TechLtd
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) operates in the logistics technology sector and has a market cap of approximately CN¥3.90 billion.
Operations: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) generates its revenue from various segments within the logistics technology sector, with amounts reported in millions of CN¥.