3 Reliable Dividend Stocks To Consider With Up To 8.4% Yield

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As global markets navigate a mixed landscape of fluctuating consumer confidence and economic indicators, investors are seeking stability amid moderate gains in major stock indexes. In such an environment, dividend stocks offer a compelling option for those looking to balance potential income with long-term growth, as they often provide consistent payouts even during periods of market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.02%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.27%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.38%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.81%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1949 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

RCS MediaGroup

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

Overview: RCS MediaGroup S.p.A. is a multimedia publishing company operating in Italy and internationally, with a market cap of €382.22 million.

Operations: RCS MediaGroup S.p.A. generates revenue through various segments, including €65.20 million from Magazines Italy, €371 million from Italy Newspapers, €220.60 million from Unidad Editorial, and €286.10 million from Advertising and Sport.

Dividend Yield: 7.9%

RCS MediaGroup's dividend payments are well covered by cash flows, with a cash payout ratio of 34.3%, and earnings, with a payout ratio of 58.6%. Despite being in the top 25% for dividend yield in Italy at 7.88%, its track record is unstable, having only paid dividends for six years with volatility over this period. Recent earnings growth and coverage suggest sustainability, but caution is advised due to past payment unreliability.

BIT:RCS Dividend History as at Dec 2024
BIT:RCS Dividend History as at Dec 2024

Repsol

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

Overview: Repsol, S.A. is a global multi-energy company with a market cap of approximately €13.29 billion.

Operations: Repsol, S.A. generates revenue through several key segments: Customer (€25.49 billion), Upstream (€4.64 billion), Industrial (€45.83 billion), and Low Carbon Generation (€656 million).

Dividend Yield: 8.5%

Repsol's dividend yield of 8.49% ranks in the top 25% of Spanish payers, but its sustainability is questionable due to a high cash payout ratio of 339.6%. Despite recent dividend growth, payments have been volatile over the past decade. Repsol's earnings cover dividends with a reasonable payout ratio of 55.6%, yet free cash flow coverage remains weak. Recent strategic alliances aim to enhance operational efficiency, potentially influencing future financial stability and dividend reliability.