Top 3 Dividend Stocks To Enhance Your Portfolio

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As global markets navigate a mixed start to the year with U.S. stocks closing out a strong performance in 2024 and economic indicators showing varied signals, investors are increasingly looking for stability amid uncertainty. In such an environment, dividend stocks can offer a reliable income stream and potential for growth, making them an attractive option for enhancing portfolios.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.58%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.10%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.61%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.41%

★★★★★★

GakkyushaLtd (TSE:9769)

4.39%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.89%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.89%

★★★★★★

E J Holdings (TSE:2153)

3.84%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

6.07%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.06%

★★★★★★

Click here to see the full list of 1979 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

LX Hausys

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

Overview: LX Hausys, Ltd., along with its subsidiaries, manufactures and sells building materials both in South Korea and internationally, with a market cap of ₩310.38 billion.

Operations: LX Hausys generates revenue from its Building Materials segment, amounting to ₩2.56 trillion, and its Automotive Materials / Industrial Films segment, contributing ₩1.01 trillion.

Dividend Yield: 5.3%

LX Hausys offers a dividend yield in the top 25% of the KR market, supported by sustainable payout ratios from both earnings (33.3%) and cash flows (36.8%). However, its dividend history is marked by volatility and a lack of growth over nine years. The stock trades at 58.5% below its estimated fair value, indicating potential for capital appreciation despite an unstable dividend track record. Earnings have recently turned positive, with further growth forecasted.

KOSE:A108670 Dividend History as at Jan 2025
KOSE:A108670 Dividend History as at Jan 2025

Kasikornbank

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

Overview: Kasikornbank Public Company Limited, along with its subsidiaries, offers commercial banking products and services both in Thailand and internationally, with a market capitalization of THB374.35 billion.

Operations: Kasikornbank generates revenue primarily from its Retail Business (THB69.98 billion), Corporate Business (THB87.72 billion), Muang Thai Group Holding Business (THB13.42 billion), and Treasury and Capital Markets Business and World Business Group (THB32.99 billion).