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Amidst a backdrop of geopolitical tensions and economic uncertainties, global markets have experienced volatility, with major indices like the S&P 500 and Dow Jones Industrial Average facing declines. As investors navigate these challenging conditions, high-yield dividend stocks can offer a potential source of income and stability, making them an attractive option for those looking to mitigate market risks.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.73% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 4.00% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.67% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 5.10% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.26% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.93% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.49% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.23% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 2012 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Maruha Nichiro
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Maruha Nichiro Corporation operates in fishing, fish farming, food processing, trading, meat products, and distribution both in Japan and internationally with a market cap of ¥157.55 billion.
Operations: Maruha Nichiro Corporation's revenue is derived from its operations in fishing, fish farming, food processing, trading, meat products, and distribution across domestic and international markets.
Dividend Yield: 3.2%
Maruha Nichiro's dividend payments are well-supported by both earnings and cash flows, with a low payout ratio of 23.3% and a cash payout ratio of 15.3%. Despite trading at 74.3% below its estimated fair value, the company offers a reliable dividend yield of 3.2%, though it is lower than the top tier in Japan's market. Dividends have been stable and growing over the past decade, but debt coverage by operating cash flow remains weak.
Daido Steel
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Daido Steel Co., Ltd. manufactures and sells steel products both in Japan and internationally, with a market cap of ¥246.38 billion.
Operations: Daido Steel Co., Ltd. generates revenue through the manufacturing and sale of steel products across both domestic and international markets.
Dividend Yield: 3.9%
Daido Steel's dividend yield of 3.93% is among the top 25% in Japan, yet its sustainability is questionable due to a high cash payout ratio of 142.8%, indicating dividends are not well covered by free cash flow. Despite a low earnings payout ratio of 39.9%, dividends have been volatile and unreliable over the past decade. Recent share buybacks suggest efforts to enhance shareholder returns, but lowered earnings guidance may impact future dividend stability.