Discover Jardine Cycle & Carriage And Two Leading Dividend Stocks

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As global markets navigate a mixed landscape with U.S. stocks wrapping up a strong year despite recent volatility, investors are keenly observing economic indicators like the Chicago PMI and GDP forecasts that hint at underlying challenges. Amidst these dynamics, dividend stocks continue to attract attention for their potential to offer steady income streams in uncertain times. In this article, we explore Jardine Cycle & Carriage along with two other prominent dividend stocks that exemplify qualities such as consistent payouts and resilience in fluctuating market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.22%

★★★★★★

CAC Holdings (TSE:4725)

4.83%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.41%

★★★★★★

GakkyushaLtd (TSE:9769)

4.39%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.95%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.89%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.44%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.35%

★★★★★★

E J Holdings (TSE:2153)

3.84%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.01%

★★★★★★

Click here to see the full list of 1983 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Jardine Cycle & Carriage

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

Overview: Jardine Cycle & Carriage Limited is an investment holding company involved in financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property sectors in Indonesia and internationally with a market cap of SGD11.34 billion.

Operations: Jardine Cycle & Carriage Limited generates revenue from its diverse operations in financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property sectors.

Dividend Yield: 5.6%

Jardine Cycle & Carriage offers a mixed profile for dividend investors. Trading at 46.7% below its estimated fair value, it presents good relative value compared to peers. Despite a reasonably low payout ratio of 44.4%, indicating dividends are well covered by earnings and cash flows, the dividend yield of 5.59% is below the top tier in Singapore's market. The company has increased dividends over the past decade but maintains an unstable track record with volatility exceeding 20%.