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3 Reliable Dividend Stocks To Consider With Up To 6.7% Yield

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As global markets navigate a landscape marked by interest rate adjustments and mixed economic signals, investors are keenly observing the performance of major indices. While the Nasdaq Composite has reached new heights, other indexes have faced declines amid expectations of further rate cuts from the Federal Reserve. In such a dynamic environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those looking to balance growth with reliable returns.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.70%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.27%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.22%

★★★★★★

CAC Holdings (TSE:4725)

4.76%

★★★★★★

Yamato Kogyo (TSE:5444)

4.11%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.43%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.97%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.67%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.55%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.23%

★★★★★★

Click here to see the full list of 1858 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Sipef

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

Overview: Sipef NV is an agro-industrial company with a market capitalization of €590.68 million.

Operations: Sipef NV generates its revenue primarily from its Palm segment at $386.46 million, followed by Bananas and Horticulture at $38.59 million, Tea at $2.79 million, Rubber at $0.59 million, and Corporate activities contributing $1.37 million.

Dividend Yield: 3.5%

Sipef's Price-To-Earnings ratio of 9.3x suggests good value compared to the Belgian market average of 12.8x. Its dividends are well covered by earnings, with a payout ratio of 34.5%, and reasonably supported by cash flows at a cash payout ratio of 72.9%. However, Sipef's dividend history is marked by volatility and unreliability over the past decade, despite an overall increase in payments during this period. The current yield is lower than top-tier Belgian dividend payers at 3.48%.

ENXTBR:SIP Dividend History as at Dec 2024
ENXTBR:SIP Dividend History as at Dec 2024

Duni

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

Overview: Duni AB (publ) develops, manufactures, and sells meal serving, take-away, and packaging products in Sweden and internationally with a market cap of SEK4.11 billion.

Operations: Duni AB's revenue is comprised of SEK4.43 billion from dining solutions and SEK3.11 billion from food packaging solutions.

Dividend Yield: 5.5%

Duni's dividend yield of 5.52% ranks among the top 25% in Sweden, yet its dividends are not well covered by earnings due to a high payout ratio of 100.4%. While cash flows support dividend payments with a cash payout ratio of 57.5%, the company's dividends have been volatile and unreliable over the past decade. Recent earnings showed a decline, with net income dropping to SEK 157 million for nine months ending September 2024, impacting dividend sustainability.