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In a year marked by mixed performances in global markets, with U.S. stocks closing out another strong year despite some volatility and economic indicators showing varied trends, investors are increasingly looking towards reliable income sources such as dividend stocks. As the market navigates through profit-taking phases and economic uncertainties like fluctuating GDP forecasts and manufacturing contractions, dividend-paying stocks can offer stability and regular income streams.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.22% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.83% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.41% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.39% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 3.95% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.89% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.44% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.35% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.84% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 5.01% | ★★★★★★ |
Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Compagnie Générale des Établissements Michelin Société en commandite par actions
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires globally, with a market cap of €22.51 billion.
Operations: Michelin generates revenue through its Automotive and Related Distribution segment (€14.16 billion), Road Transportation and Related Distribution segment (€6.84 billion), and Specialty Businesses and Related Distribution segment (€6.74 billion).
Dividend Yield: 4.2%
Michelin's dividend payments have been volatile over the past decade, though they show an upward trend. The company's payout ratio of 50.2% suggests dividends are well-covered by earnings and cash flows, with a cash payout ratio of 32.4%. However, its dividend yield of 4.23% is lower than the top quartile in France. Recent strategic moves like its partnership with Brembo may influence future stability and growth prospects despite recent plant closures impacting operations.
Planet Technology
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Planet Technology Corporation offers IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and network infrastructures globally, with a market cap of NT$9.47 billion.