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As global markets navigate a landscape marked by accelerating U.S. inflation and rising stock indexes, investors are keenly observing how these dynamics might influence investment strategies. With major indices like the S&P 500 and Nasdaq Composite nearing record highs, dividend stocks present an attractive option for those seeking steady income amid market fluctuations. In such a climate, identifying robust dividend stocks can offer potential stability and regular income streams, making them a compelling consideration for investors looking to balance growth with income in their portfolios.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.24% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.54% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.33% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.05% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 3.95% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.88% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.40% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.04% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.36% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1983 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Vicat
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Vicat S.A. operates in the construction industry through its production and sale of cement, ready-mixed concrete, and aggregates, with a market cap of €2.01 billion.
Operations: Vicat S.A.'s revenue is primarily derived from its Cement segment at €2.52 billion and its Concrete & Aggregates segment at €1.55 billion.
Dividend Yield: 4.4%
Vicat offers a stable and reliable dividend, with payments increasing over the past decade. The company's dividends are well-covered by earnings (33.4% payout ratio) and cash flows (45.7% cash payout ratio), indicating sustainability. Despite trading at 56.3% below estimated fair value, its dividend yield of 4.43% is lower than the top quartile in France but remains attractive for income-focused investors due to its stability and growth history amidst a high debt level backdrop.
Chun Yuan Steel Industry
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Chun Yuan Steel Industry Co., Ltd. is engaged in the production and sale of steel products across Taiwan and the rest of Asia, with a market capitalization of NT$12.24 billion.
Operations: Chun Yuan Steel Industry Co., Ltd.'s revenue segments include NT$9.23 billion from the First Business Segment, NT$8.96 billion from the Construction Division, NT$2.55 billion from the Second Business Unit, NT$1.95 billion from Shanghai Huateng Metal Processing Co., Ltd., NT$1.36 billion from QING DAO CHUN YUAN PRECISION MECHATRONIC CO., LTD., and NT$710.64 million from Shenzhen Hongyuan Metal Industry Co., Ltd.