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As global markets navigate a landscape marked by accelerating inflation and climbing stock indexes, investors are increasingly seeking stability amidst volatility. In such an environment, dividend stocks can offer a compelling option for those looking to balance growth potential with income generation.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Wuliangye YibinLtd (SZSE:000858) | 3.93% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.69% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.92% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.24% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.05% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.68% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.48% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.40% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.27% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.29% | ★★★★★★ |
Click here to see the full list of 1993 stocks from our Top Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
KX Innovation
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: KX Innovation Co., Ltd. offers broadcasting transmission and channel services with a market cap of ₩146.77 billion.
Operations: KX Innovation Co., Ltd. generates revenue through its broadcasting transmission and channel services.
Dividend Yield: 5.4%
KX Innovation's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 8.2% and 11.7%, respectively. Despite a top-tier yield of 5.37% in the KR market, its dividend history is less than a decade old and marked by volatility, including annual drops over 20%. Recent earnings growth was strong at 303.7%, but large one-off items have impacted financial results, raising concerns about sustainability and reliability.
SpareBank 1 SMN
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SpareBank 1 SMN, along with its subsidiaries, offers a range of banking, accounting, and real estate services to individuals and businesses in Norway and internationally, with a market cap of NOK25.92 billion.
Operations: SpareBank 1 SMN generates revenue through its key segments, including Retail Banking (NOK3.06 billion), Corporate Banking (NOK1.85 billion), Sunnmøre and Fjordane (NOK1.00 billion), Eiendoms Megler 1 Midt-Norge (NOK512 million), Sparebank 1 Finans Midt-Norge (NOK433 million), and Sparebank 1 Regnskapshuset SMN (NOK808 million).
Dividend Yield: 6.9%
SpareBank 1 SMN's dividend payments have been reliable and stable over the past decade, with a proposed cash dividend of NOK 12.50 per equity certificate for 2024. Despite a lower yield compared to top-tier Norwegian payers, the payout ratio of 62.2% indicates dividends are well-covered by earnings. Recent earnings growth supports future payouts, with net income rising to NOK 4.49 billion in 2024 from NOK 3.62 billion in the previous year, reflecting strong financial performance.