Commercial Bank of Dubai PSC And 2 Other Top Dividend Stocks For Your Portfolio

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As global markets experience broad-based gains, with U.S. indexes approaching record highs and positive sentiment driven by strong labor market reports, investors are keenly observing opportunities for stable returns amidst economic fluctuations. In this environment, dividend stocks can offer a reliable income stream and potential for capital appreciation, making them an attractive option for those seeking to balance growth with income in their portfolios.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.98%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.31%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.60%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.40%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.93%

★★★★★★

E J Holdings (TSE:2153)

3.89%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.45%

★★★★★★

Click here to see the full list of 1963 stocks from our Top Dividend Stocks screener.

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

Commercial Bank of Dubai PSC

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

Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates, with a market capitalization of AED21.76 billion.

Operations: The revenue segments for Commercial Bank of Dubai PSC include Personal Banking at AED1.96 billion, Institutional Banking at AED1.11 billion, and Corporate Banking at AED575.40 million.

Dividend Yield: 6.1%

Commercial Bank of Dubai PSC offers a stable dividend profile, with payments well-covered by earnings at a 47.1% payout ratio and forecasted to remain sustainable. The bank's dividends have been reliable and growing over the past decade, although its current yield of 6.09% is slightly below the top quartile in the AE market. Recent earnings reports show growth in net income and interest income, indicating strong financial performance despite high non-performing loans at 5.9%.

DFM:CBD Dividend History as at Nov 2024
DFM:CBD Dividend History as at Nov 2024

FIYTA Precision Technology

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

Overview: FIYTA Precision Technology Co., Ltd. operates in the research, design, manufacture, sale, and service of watches under various brands in China and has a market capitalization of approximately CN¥4.18 billion.