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As global markets grapple with geopolitical tensions and consumer spending concerns, major indices have experienced sharp fluctuations, reflecting broader economic uncertainties. Amid these challenges, investors often turn to dividend stocks as a potential source of steady income and stability. In the current environment, reliable dividend stocks with yields of at least 3.3% can offer appealing opportunities for those seeking consistent returns amidst market volatility.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Wuliangye YibinLtd (SZSE:000858) | 3.91% | ★★★★★★ |
CAC Holdings (TSE:4725) | 5.06% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.24% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.06% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.92% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.48% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.23% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.43% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.28% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.90% | ★★★★★★ |
Click here to see the full list of 2010 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
China Telecom
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Telecom Corporation Limited, along with its subsidiaries, offers wireline and mobile telecommunications services mainly in the People’s Republic of China, with a market cap of HK$783.73 billion.
Operations: China Telecom's revenue is derived from its provision of wireline and mobile telecommunications services predominantly in China.
Dividend Yield: 4.3%
China Telecom's dividend payments are well-covered by earnings, with a low payout ratio of 25.5% and a cash payout ratio of 66.6%, indicating sustainability. However, the dividend yield of 4.33% is below the top tier in Hong Kong's market. Despite an increase in dividends over the past decade, they have been volatile and unreliable at times. Recent executive changes might impact strategic continuity but haven't raised shareholder concerns so far.
EVA Precision Industrial Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: EVA Precision Industrial Holdings Limited is an investment holding company that offers precision manufacturing services in China, Vietnam, and Mexico, with a market cap of HK$1.36 billion.
Operations: EVA Precision Industrial Holdings Limited generates revenue from two main segments: Automotive Components, contributing HK$1.98 billion, and Office Automation Equipment, contributing HK$4.34 billion.