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As global markets edge toward record highs, driven by a surge in U.S. stock indexes and positive developments in Europe and China, investors are keenly observing how inflationary pressures might influence future interest rate policies. Amid this backdrop of economic fluctuations, dividend stocks remain an attractive option for those seeking steady income streams; their appeal is heightened by the current market conditions where stability and consistent returns are prized.

Top 10 Dividend Stocks

Click here to see the full list of 1984 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Cembre

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

Overview: Cembre S.p.A. manufactures and sells electrical connectors, cable accessories, and related tools in Italy, Europe, and internationally with a market cap of €734.89 million.

Operations: Cembre S.p.A.'s revenue primarily comes from its Electric Connectors and Related Tools segment, generating €224.89 million.

Dividend Yield: 4.1%

Cembre's dividend payments have shown reliability and stability over the past decade, with consistent growth and little volatility. However, the current payout ratio of 80% indicates that dividends are covered by earnings but not well supported by free cash flows, as evidenced by a high cash payout ratio of 148%. The dividend yield of 4.11% is below the top quartile in Italy's market. Earnings are projected to grow at nearly 8% annually, potentially enhancing future coverage.

• Dive into the specifics of Cembre here with our thorough dividend report.

• Our valuation report unveils the possibility Cembre's shares may be trading at a premium.

Bank of Shanghai

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

Overview: Bank of Shanghai Co., Ltd. offers a range of personal and corporate banking products and services mainly in Mainland China, with a market cap of approximately CN¥133.83 billion.

Operations: Bank of Shanghai Co., Ltd. generates revenue through its diverse offerings in personal and corporate banking services across Mainland China.

Dividend Yield: 5.9%

Bank of Shanghai's dividend yield of 5.94% ranks in the top 25% within China's market, supported by a stable payout ratio of 47.8%, indicating strong coverage by earnings. Although dividends have been paid for only eight years, they have grown consistently with minimal volatility. Recent inclusion in the SSE 180 and Shanghai Stock Exchange 180 Value Indexes may enhance visibility among investors seeking reliable dividend stocks trading at significant discounts to estimated fair value.