In This Article:
As global markets continue to react positively to political developments and economic indicators, with major indexes reaching record highs, investors are increasingly looking for stable income sources amidst the fluctuating landscape. In this context, dividend stocks like Scandinavian Tobacco Group offer a compelling option due to their potential for consistent returns and resilience in diverse market conditions.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Guaranty Trust Holding (NGSE:GTCO) | 6.06% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.91% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 4.05% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.58% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.45% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.01% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.41% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.23% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.46% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.76% | ★★★★★★ |
Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Scandinavian Tobacco Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Scandinavian Tobacco Group A/S manufactures and sells cigars and pipe tobacco in the United States, Europe, and internationally, with a market cap of DKK8.16 billion.
Operations: Scandinavian Tobacco Group's revenue segments include Europe Branded at DKK3.04 billion, North America Online & Retail at DKK2.97 billion, and North America Branded & Rest of World (RoW) at DKK3.01 billion.
Dividend Yield: 8.1%
Scandinavian Tobacco Group offers a dividend yield of 8.11%, placing it in the top 25% of Danish market dividend payers. The company has maintained stable dividends for less than a decade, with payments covered by earnings (72% payout ratio) and cash flows (87.1% cash payout ratio). Despite declining profit margins and net income, STG trades at good value compared to peers, while its recent share buyback reflects confidence in financial stability amidst high debt levels.
Yondenko
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Yondenko Corporation operates in Japan, focusing on the construction of electrical and electrical power transmission and distribution facilities, with a market cap of ¥71.44 billion.
Operations: Yondenko Corporation's revenue is primarily derived from its Facility Construction Segment, which generated ¥95.54 billion, supplemented by the Solar Power Generation Business contributing ¥2.19 billion, and the Lease Segment adding ¥2.81 billion.