3 Reliable Dividend Stocks Offering Up To 8% Yield

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As global markets navigate the uncertainties surrounding the incoming Trump administration and fluctuating interest rates, investors are seeking stability amidst volatility. With some sectors experiencing wide dispersion in returns, dividend stocks offer a potential source of consistent income, making them an attractive option for those looking to balance risk and reward in today's economic climate.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.78%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.21%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.96%

★★★★★★

CAC Holdings (TSE:4725)

4.62%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.16%

★★★★★★

GakkyushaLtd (TSE:9769)

4.47%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.37%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.58%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.39%

★★★★★★

Click here to see the full list of 1966 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Mowi

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

Overview: Mowi ASA is a seafood company that farms, produces, and supplies Atlantic salmon products globally, with a market cap of NOK103.99 billion.

Operations: Mowi ASA generates revenue through its segments of Feed (€1.11 billion), Farming (€3.46 billion), Sales & Marketing - Markets (€3.90 billion), and Sales and Marketing - Consumer Products (€3.68 billion).

Dividend Yield: 3.5%

Mowi's dividend payments have increased over the past decade, supported by a reasonable payout ratio of 69.1% and cash flow coverage at 59.7%. However, the dividends have been unreliable and volatile during this period. The stock trades significantly below its estimated fair value but offers a lower yield compared to top-tier Norwegian dividend payers. Recent earnings showed declining net income despite rising sales, while strategic reviews in Canada could impact future operations.

OB:MOWI Dividend History as at Nov 2024
OB:MOWI Dividend History as at Nov 2024

TMBThanachart Bank

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

Overview: TMBThanachart Bank Public Company Limited offers a range of commercial banking products and services to individuals, SMEs, and corporate customers mainly in Thailand, with a market capitalization of approximately THB174.35 billion.

Operations: TMBThanachart Bank Public Company Limited generates revenue primarily from its Retail Banking segment, which accounts for THB45.42 billion, and its Commercial Banking segment, contributing THB19.96 billion.