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In a week marked by significant declines across global markets, concerns over an economic slowdown and weak job data have weighed heavily on investor sentiment. Despite the turbulence, dividend stocks remain a reliable option for those seeking steady income amid market volatility. A good dividend stock typically offers consistent payouts and financial stability, qualities that are particularly appealing during uncertain times.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 4.35% | ★★★★★★ |
| Ping An Bank (SZSE:000001) | 7.45% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.12% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 7.03% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 5.12% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.76% | ★★★★★★ |
| James Latham (AIM:LTHM) | 6.10% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.48% | ★★★★★★ |
| Kwong Lung Enterprise (TPEX:8916) | 6.27% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.91% | ★★★★★★ |
Click here to see the full list of 2145 stocks from our Top Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Bank of Ayudhya
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bank of Ayudhya Public Company Limited, with a market cap of THB207.80 billion, offers commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions through its subsidiaries.
Operations: Bank of Ayudhya's revenue segments include Retail at THB75.18 billion and Commercial at THB34.45 billion.
Dividend Yield: 3%
Bank of Ayudhya (BAY) offers a mixed picture for dividend investors. Trading at 45.9% below its estimated fair value, BAY's dividends are well covered by earnings with a low payout ratio of 19.8%, forecasted to be 24% in three years. However, the dividend yield is relatively low at 3.01%, and the company has had an unreliable and volatile dividend history over the past decade despite recent increases. Additionally, BAY has a high level of bad loans at 3.8%. Recent news includes an interim cash dividend of THB 0.40 per share for H1-2024, payable on September 26, 2024.
Home Product Center
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Home Product Center Public Company Limited operates as a home improvement retailer in Thailand, Malaysia, and Vietnam with a market cap of THB142.03 billion.
Operations: Home Product Center Public Company Limited generates its revenue primarily from retail sales of building products, amounting to THB72.99 billion.