3 Top Dividend Stocks To Enhance Your Portfolio

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As global markets show resilience with U.S. indexes nearing record highs and positive sentiment driven by strong labor market data, investors are increasingly looking for stability amidst geopolitical uncertainties and economic fluctuations. In such an environment, dividend stocks can offer a reliable income stream and potential portfolio enhancement, making them an attractive consideration for those seeking to balance growth with income in today's dynamic market landscape.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.34%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.18%

★★★★★★

CAC Holdings (TSE:4725)

4.55%

★★★★★★

GakkyushaLtd (TSE:9769)

4.55%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.40%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.97%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.91%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.42%

★★★★★★

E J Holdings (TSE:2153)

3.87%

★★★★★★

DoshishaLtd (TSE:7483)

3.86%

★★★★★★

Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Ålandsbanken Abp

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

Overview: Ålandsbanken Abp, with a market cap of €523.29 million, operates as a commercial bank serving private individuals and companies in Finland and Sweden through its subsidiaries.

Operations: Ålandsbanken Abp generates its revenue from several segments, including IT (€52.97 million), Premium Banking (€73.37 million), Corporate and Other (€8.42 million), and Private Banking (Including Asset Management) (€100.64 million).

Dividend Yield: 7.7%

Ålandsbanken Abp offers an attractive dividend yield of 7.7%, placing it in the top 25% of Finnish dividend payers. Over the past decade, its dividends have grown steadily with minimal volatility, supported by a reasonable payout ratio of 65.8%. Despite recent earnings showing a slight decline in Q3 compared to last year, the nine-month figures reflect strong growth. However, concerns include a high level of bad loans at 2% and insufficient data on long-term dividend coverage sustainability.

HLSE:ALBAV Dividend History as at Nov 2024
HLSE:ALBAV Dividend History as at Nov 2024

EFG International

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

Overview: EFG International AG, along with its subsidiaries, offers private banking, wealth management, and asset management services and has a market capitalization of CHF3.59 billion.

Operations: EFG International AG's revenue segments are comprised of the Americas (CHF128.80 million), Asia Pacific (CHF176.70 million), United Kingdom (CHF193.30 million), Switzerland & Italy (CHF449.70 million), Global Markets & Treasury (CHF55.30 million), Investment and Wealth Solutions (CHF122.90 million), and Continental Europe & Middle East (CHF257.30 million).