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3 Top Dividend Stocks Yielding Up To 8%

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As global markets navigate through a mix of geopolitical tensions and economic optimism, U.S. indexes have approached record highs with broad-based gains, driven by positive labor market reports and stabilizing mortgage rates. In this dynamic environment, dividend stocks remain an attractive option for investors seeking steady income, especially as the Federal Reserve hints at potential interest rate cuts; here we explore three top dividend stocks yielding up to 8%, highlighting their potential to provide reliable returns amidst market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

7.01%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.47%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.25%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.57%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.72%

★★★★★★

GakkyushaLtd (TSE:9769)

4.51%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.30%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.37%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.41%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.30%

★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

MARR

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

Overview: MARR S.p.A. specializes in the marketing and distribution of fresh, dried, and frozen food products for catering in Italy, the European Union, and internationally with a market cap of €631.78 million.

Operations: MARR S.p.A.'s revenue is primarily derived from its €2.02 billion segment focused on the distribution of food products.

Dividend Yield: 6.1%

MARR's dividend yield is notable, ranking in the top 25% of Italian market payers. The dividends are covered by earnings and cash flows, with payout ratios at 84.9% and 54%, respectively. However, the dividend history is volatile despite recent increases over a decade. Recent earnings show slight declines in sales and net income compared to last year, reflecting potential challenges ahead. Despite this, analysts expect stock price growth and see it trading below fair value estimates.

BIT:MARR Dividend History as at Nov 2024
BIT:MARR Dividend History as at Nov 2024

Nasmedia

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

Overview: Nasmedia Co., Ltd. is a digital marketing platform company based in South Korea with a market cap of approximately ₩162.58 billion.

Operations: Nasmedia Co., Ltd. generates revenue primarily through its Advertising Media Sales Agency segment, which accounts for ₩108.33 billion, and its Advertising Agency segment, contributing ₩38.82 billion.