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As global markets navigate through uncertainties such as trade tariffs and fluctuating economic indicators, investors are increasingly looking for stable income sources amidst volatility. Dividend stocks, known for their potential to provide regular income and a cushion against market swings, are gaining attention; Anhui Expressway and two other noteworthy dividend stocks offer intriguing options in this landscape.

Top 10 Dividend Stocks

Click here to see the full list of 1972 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Anhui Expressway

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

Overview: Anhui Expressway Company Limited focuses on the construction, operation, management, and development of toll roads and associated service sections in the People's Republic of China, with a market cap of HK$24.16 billion.

Operations: Anhui Expressway Company Limited generates revenue primarily through its toll road operations and related service sections in China, with revenue segments totaling CN¥0 million.

Dividend Yield: 6.2%

Anhui Expressway's dividend payments have been stable and reliable over the past decade, with consistent growth and a reasonable payout ratio of 65.1%. However, its current yield of 6.2% is below the top quartile in Hong Kong, and dividends are not well covered by free cash flows due to a high cash payout ratio of 321.5%. Despite these concerns, earnings are forecasted to grow annually by 11.45%, potentially supporting future dividend sustainability.

• Navigate through the intricacies of Anhui Expressway with our comprehensive dividend report here.

• Our valuation report here indicates Anhui Expressway may be overvalued.

Nonthavej Hospital

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

Overview: Nonthavej Hospital Public Company Limited operates as a hospital in Thailand with a market cap of THB4.68 billion.

Operations: Nonthavej Hospital Public Company Limited generates its revenue primarily from medical treatment services, amounting to THB2.54 billion.

Dividend Yield: 4.9%

Nonthavej Hospital's dividend payments have been inconsistent over the past decade, with volatility and a history of annual drops exceeding 20%. Despite this, dividends have shown growth during the same period. The dividend yield of 4.91% is below Thailand's top quartile benchmark of 7.5%. However, dividends are covered by earnings and cash flows, with payout ratios at 60.2% and 63.3% respectively. Additionally, the stock trades at a discount of 21.1% to its estimated fair value.

• Get an in-depth perspective on Nonthavej Hospital's performance by reading our dividend report here.

• Our expertly prepared valuation report Nonthavej Hospital implies its share price may be lower than expected.

Sappe

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

Overview: Sappe Public Company Limited, along with its subsidiaries, manufactures and distributes health food and beverage products across Asia, Europe, the United States, and other international markets, with a market cap of THB15.71 billion.

Operations: Sappe Public Company Limited generates its revenue primarily from Health Drinking Products, contributing THB6.29 billion, and Coconut Products, adding THB410.98 million.

Dividend Yield: 4.2%

SAPPE's dividend payments have been reliable and growing over the past decade, though they are not well covered by cash flows due to a high cash payout ratio of 1040.3%. While the dividend yield of 4.21% is below Thailand's top quartile benchmark, it remains covered by earnings with a payout ratio of 54.6%. The stock trades at a significant discount to its estimated fair value, suggesting potential value for investors despite concerns about sustainability from free cash flow coverage.

• Take a closer look at Sappe's potential here in our dividend report.

• Insights from our recent valuation report point to the potential undervaluation of Sappe shares in the market.

Next Steps

• Investigate our full lineup of 1972 Top Dividend Stocks right here.

• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:995 SET:NTV and SET:SAPPE.

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