Three Top Dividend Stocks For Steady Income

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As global markets navigate a period of cautious optimism following the Federal Reserve's recent rate cut and ongoing economic uncertainties, investors are increasingly seeking stable income sources amid fluctuating indices. In this environment, dividend stocks can offer a reliable stream of income, providing potential stability through regular payouts even as broader market conditions remain unpredictable.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.26%

★★★★★★

CAC Holdings (TSE:4725)

4.76%

★★★★★★

Yamato Kogyo (TSE:5444)

4.08%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.26%

★★★★★★

GakkyushaLtd (TSE:9769)

4.35%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.89%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.77%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.24%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.22%

★★★★★★

Click here to see the full list of 1953 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Gas Plus

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

Overview: Gas Plus S.p.A. is involved in the exploration and production of natural gas in Italy, with a market capitalization of €111.55 million.

Operations: Gas Plus S.p.A.'s revenue segments include Retail (€41.35 million), Network & Transportation (€22.25 million), Exploration & Production in Italy (€48.19 million), and Exploration & Production abroad (€37.88 million).

Dividend Yield: 5.9%

Gas Plus offers a compelling dividend yield of 5.86%, ranking in the top 25% in the Italian market. Its dividends are well-covered by both earnings and cash flows, with payout ratios at 44.7% and 43.7%, respectively, suggesting sustainability from current profits and cash generation. However, investors should note that Gas Plus has experienced volatility in its dividend payments over the past decade, indicating an unreliable track record despite recent coverage strength.

BIT:GSP Dividend History as at Dec 2024
BIT:GSP Dividend History as at Dec 2024

Kobe Steel

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

Overview: Kobe Steel, Ltd. operates in the materials, machinery, and electric power sectors globally with a market capitalization of ¥596.92 billion.

Operations: Kobe Steel, Ltd.'s revenue segments include Welding at ¥93.92 million, Machinery at ¥251.38 million, Engineering at ¥160.78 million, Electric Power at ¥276.79 million, Steel & Aluminum at ¥1.09 billion, Advanced Materials at ¥309.12 million, and Construction Machinery at ¥408.93 million.