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3 Reliable Dividend Stocks Yielding Up To 6.3%

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As global markets navigate a period of economic uncertainty, with central banks adjusting interest rates and inflationary pressures persisting, investors are increasingly seeking stable income sources. In this context, dividend stocks can offer a reliable stream of income, making them an attractive option for those looking to balance risk and reward in their portfolios amidst fluctuating market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

7.12%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.23%

★★★★★★

CAC Holdings (TSE:4725)

4.72%

★★★★★★

GakkyushaLtd (TSE:9769)

4.44%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.35%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.60%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.36%

★★★★★★

E J Holdings (TSE:2153)

3.85%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.44%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.31%

★★★★★★

Click here to see the full list of 1937 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Dubai Islamic Bank P.J.S.C

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

Overview: Dubai Islamic Bank P.J.S.C., along with its subsidiaries, operates in corporate, retail, and investment banking both in the United Arab Emirates and internationally, with a market capitalization of AED48.99 billion.

Operations: Dubai Islamic Bank P.J.S.C.'s revenue segments include AED2.37 billion from Treasury, AED4.59 billion from Consumer Banking, AED3 billion from Corporate Banking, and AED530.10 million from Real Estate Development.

Dividend Yield: 6.4%

Dubai Islamic Bank P.J.S.C. offers a competitive dividend yield, ranking in the top 25% of payers in the AE market, with a payout ratio of 46.6%, indicating dividends are well covered by earnings. Despite recent profit growth and a low price-to-earnings ratio, its dividend history has been volatile and unreliable over the past decade. Additionally, high levels of bad loans (4.8%) and low allowance for them (78%) could pose risks to future stability.

DFM:DIB Dividend History as at Dec 2024
DFM:DIB Dividend History as at Dec 2024

Motonic

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

Overview: Motonic Corporation manufactures and sells automotive components worldwide, with a market cap of ₩186.43 billion.

Operations: Motonic Corporation's revenue from Automobile Parts Manufacturing is ₩277.03 billion.

Dividend Yield: 5.2%

Motonic offers an attractive dividend yield, ranking in the top 25% of payers in the KR market, with a payout ratio of 32.7%, indicating dividends are well covered by earnings and cash flows. Despite only five years of dividend history, payments have been stable and growing. The stock trades significantly below its estimated fair value, potentially offering good value for investors. Recent news includes an extension to its buyback plan until December 2025.