In This Article:
As global markets navigate a mixed start to the year, with U.S. indices showing resilience despite economic uncertainties and European inflationary pressures, investors are increasingly seeking stability through dividend stocks. In this environment, a good dividend stock is characterized by its ability to provide consistent income streams and potential for capital appreciation, making it an attractive option for those looking to weather market fluctuations.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Tsubakimoto Chain (TSE:6371) | 4.31% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.60% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.74% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.53% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 7.51% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.38% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.92% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.51% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.43% | ★★★★★★ |
E J Holdings (TSE:2153) | 3.84% | ★★★★★★ |
Click here to see the full list of 1996 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Galp Energia SGPS
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Galp Energia SGPS operates as an integrated energy company in Portugal and internationally, with a market cap of €11.18 billion.
Operations: Galp Energia SGPS generates revenue through its Upstream segment (€3.79 billion), Commercial segment (€10.29 billion), Industrial & Midstream segment (€9.25 billion), and Renewables and New Businesses segment (€89 million).
Dividend Yield: 3.5%
Galp Energia has a history of dividend growth over the past decade, with dividends well-covered by earnings and cash flows, as indicated by low payout ratios (31.8% for earnings and 39.4% for cash). Despite this, its dividend yield of 3.48% is below the top tier in Portugal, and its dividend track record is unstable with volatility noted. Recent earnings show steady revenue growth but a decline in quarterly net income to €269 million from €303 million year-on-year.
Eastern Air Logistics
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Eastern Air Logistics Co., Ltd. offers air express, comprehensive ground, and multimodal transport services with a market cap of CN¥26.88 billion.
Operations: Eastern Air Logistics Co., Ltd. generates its revenue from three main segments: Air Express (CN¥9.27 billion), Comprehensive Ground Services (CN¥2.48 billion), and Integrated Logistics Solutions (CN¥12.30 billion).