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Top 3 Dividend Stocks To Enhance Your Portfolio

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In light of recent market fluctuations and mixed performances across major indices, investors are increasingly seeking stability amidst economic uncertainties. With value stocks outperforming growth shares and inflation data showing reassuring signs, dividend stocks present a compelling option for those looking to enhance their portfolios with steady income streams.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Allianz (XTRA:ALV)

4.87%

★★★★★★

Globeride (TSE:7990)

4.32%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

7.03%

★★★★★★

Intelligent Wave (TSE:4847)

3.88%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.09%

★★★★★★

Innotech (TSE:9880)

4.76%

★★★★★★

CAC Holdings (TSE:4725)

4.58%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.28%

★★★★★★

James Latham (AIM:LTHM)

5.99%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.76%

★★★★★★

Click here to see the full list of 2098 stocks from our Top Dividend Stocks screener.

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

Agma

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

Overview: Agma SA operates in Morocco, providing insurance and reinsurance advisory and brokerage services, with a market cap of MAD1.39 billion.

Operations: Agma SA's revenue from insurance brokerage services is MAD160.81 million.

Dividend Yield: 4%

Agma's dividend payments have been reliable and stable over the past 10 years, with a consistent growth pattern. The company's price-to-earnings ratio (22x) is slightly below the MA market average (23x), indicating reasonable valuation. Despite a cash payout ratio of 63.5%, dividends are covered by cash flows. However, its dividend yield of 3.95% is lower than the top quartile of MA market payers (4.29%). Shares remain highly illiquid, posing potential risks for investors seeking liquidity.

CBSE:AGM Dividend History as at Sep 2024
CBSE:AGM Dividend History as at Sep 2024

I.B.I. Investment House

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

Overview: I.B.I. Investment House Ltd. is a publicly owned holding investment firm with approximately NIS 11 billion ($2.63 billion) in assets under management and a market cap of ₪1.70 billion.

Operations: I.B.I. Investment House Ltd. generates revenue primarily from its investment management services, including portfolio management, mutual funds, and brokerage activities.

Dividend Yield: 4.6%

I.B.I. Investment House's recent earnings report shows a decline in net income despite increased sales, impacting dividend sustainability. With a payout ratio of 45.4%, dividends are well-covered by earnings and cash flows, but the yield (4.6%) is below the IL market's top quartile (6.91%). The dividend history has been volatile and unreliable over the past decade, although payments have increased during this period. Shares are trading at 35.7% below estimated fair value.