3 Reliable Dividend Stocks Yielding Up To 6.6%

In This Article:

In a week marked by mixed performances across major global indices, with growth stocks outpacing value shares and geopolitical tensions largely sidestepped by U.S. markets, investors are increasingly turning their attention to reliable income-generating opportunities amid economic uncertainties. In this context, dividend stocks stand out as a compelling choice for those seeking steady returns; they offer the dual benefits of potential capital appreciation and regular income distributions even as market dynamics fluctuate.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.99%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.61%

★★★★★★

CAC Holdings (TSE:4725)

4.75%

★★★★★★

GakkyushaLtd (TSE:9769)

4.43%

★★★★★★

Yamato Kogyo (TSE:5444)

4.00%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.44%

★★★★★★

E J Holdings (TSE:2153)

3.86%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.61%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.46%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.41%

★★★★★★

Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Veidekke

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

Overview: Veidekke ASA is a construction and property development company operating in Norway, Sweden, and Denmark with a market cap of NOK18.75 billion.

Operations: Veidekke ASA's revenue segments include NOK15.16 billion from Construction Norway, NOK10.02 billion from Infrastructure Norway, NOK8.18 billion from Construction Sweden (excluding Infrastructure Sweden), NOK6.10 billion from Infrastructure Sweden, and NOK3.10 billion from Denmark.

Dividend Yield: 5.6%

Veidekke's dividend profile shows a mixed picture for investors. While the company has maintained a reasonable cash payout ratio of 49%, indicating dividends are well covered by cash flows, its earnings payout ratio stands at 81.1%. This suggests that while current earnings cover dividends, there is limited room for growth without increased earnings. The dividend yield of 5.58% is below the top quartile in Norway, and past payments have been volatile despite recent growth in earnings by 20.3%.

OB:VEI Dividend History as at Dec 2024
OB:VEI Dividend History as at Dec 2024

FALCO HOLDINGS

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

Overview: FALCO HOLDINGS Co., Ltd. is a medical service company in Japan that offers clinical testing and dispensing pharmacy services to medical institutions and companies, with a market cap of ¥24.54 billion.