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Three Prominent Dividend Stocks To Consider

In This Article:

In the current landscape, global markets have been experiencing a series of gains, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs despite geopolitical tensions and tariff announcements. As investors navigate these dynamic conditions, dividend stocks stand out as a compelling option for those seeking steady income streams amidst market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.22%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.17%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Yamato Kogyo (TSE:5444)

3.89%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.62%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.90%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.87%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.38%

★★★★★★

E J Holdings (TSE:2153)

3.90%

★★★★★★

Click here to see the full list of 1966 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Xinyi Glass Holdings

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

Overview: Xinyi Glass Holdings Limited is an investment holding company that produces and sells automobile, construction, float, and other glass products for commercial and industrial applications, with a market cap of approximately HK$35.34 billion.

Operations: Xinyi Glass Holdings Limited generates revenue from its key segments, including Float Glass at HK$20.30 billion, Automobile Glass at HK$6.25 billion, and Architectural Glass at HK$3.30 billion.

Dividend Yield: 8.3%

Xinyi Glass Holdings offers an attractive dividend yield of 8.28%, placing it in the top 25% of dividend payers in Hong Kong. However, the sustainability of this dividend is questionable due to a high cash payout ratio of 162%, indicating dividends are not well covered by free cash flows. Despite a reasonable payout ratio of 48.1% from earnings, dividends have been volatile over the past decade, and earnings are forecasted to decline slightly in coming years.

SEHK:868 Dividend History as at Dec 2024
SEHK:868 Dividend History as at Dec 2024

Industrial Bank

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

Overview: Industrial Bank Co., Ltd. offers banking services in the People’s Republic of China, with a market capitalization of approximately CN¥374.98 billion.

Operations: Industrial Bank Co., Ltd. generates its revenue primarily from its Commercial Bank segment, which reported CN¥146.16 billion.