In This Article:
With global markets experiencing a boost from cooling inflation and strong bank earnings, major U.S. stock indexes have rebounded, highlighting the resilience of value stocks over growth shares. Amidst this backdrop of economic optimism, investors often look for reliable dividend stocks that can provide steady income streams, particularly in sectors showing robust performance like financials and energy.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 5.11% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.32% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.48% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.68% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.49% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.13% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.47% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.03% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.93% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.89% | ★★★★★★ |
Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Heartland Group Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Heartland Group Holdings Limited operates in New Zealand and Australia, offering a range of financial services, with a market cap of NZ$956.17 million.
Operations: Heartland Group Holdings Limited generates revenue from various segments, including Motor (NZ$39.68 million), Rural (NZ$32.16 million), Business (NZ$49.64 million), Personal Lending (NZ$4.42 million), Reverse Mortgages (NZ$49.24 million), and the Australian Banking Group (NZ$70.33 million).
Dividend Yield: 6.8%
Heartland Group Holdings offers a dividend yield of 6.8%, placing it in the top 25% of New Zealand dividend payers, with a current payout ratio of 71.1% and expected coverage improvement to 53% in three years. Despite this, its dividends have been volatile and unreliable over the past decade. Additionally, the company faces challenges with high bad loans at 2.2% and low allowance for these loans at 48%.
Tokio Marine Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Tokio Marine Holdings, Inc. operates in the non-life and life insurance sectors, as well as financial and general businesses both in Japan and internationally, with a market cap of ¥10.34 trillion.
Operations: Tokio Marine Holdings generates revenue primarily from its Domestic Non-Life Insurance Business at ¥3.76 billion, International Insurance Business at ¥3.99 billion, and Domestic Life Insurance at ¥579.21 million, along with contributions from Finance Other Businesses totaling ¥106.68 million.