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In the current global market landscape, uncertainties surrounding policy changes and economic indicators have led to a mixed performance across various sectors, with notable fluctuations in U.S. stocks and a cautious stance from the Federal Reserve on interest rates. Amidst these dynamics, dividend stocks can offer investors a measure of stability and income potential, making them an attractive option for those looking to enhance their portfolios in uncertain times.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 4.52% | ★★★★★★ |
Guaranty Trust Holding (NGSE:GTCO) | 6.68% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.13% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.25% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 6.74% | ★★★★★★ |
Financial Institutions (NasdaqGS:FISI) | 4.47% | ★★★★★★ |
Petrol d.d (LJSE:PETG) | 5.83% | ★★★★★★ |
E J Holdings (TSE:2153) | 3.84% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.55% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.43% | ★★★★★★ |
Click here to see the full list of 1962 stocks from our Top Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Wallenius Wilhelmsen
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Wallenius Wilhelmsen ASA, along with its subsidiaries, operates in the global logistics and transportation sector with a market capitalization of NOK46.07 billion.
Operations: Wallenius Wilhelmsen ASA generates its revenue from three main segments: Shipping Services ($3.90 billion), Logistics Services ($1.21 billion), and Government Services ($397 million).
Dividend Yield: 10%
Wallenius Wilhelmsen's dividend payments are well covered by cash flows, with a low cash payout ratio of 25.5%, but earnings coverage is tighter at 89.5%. Despite its high yield in the Norwegian market, the dividend history has been volatile over the past decade. Recent multi-year contracts, including a US$580 million deal with an automotive manufacturer and a US$766 million agreement with an equipment manufacturer, may bolster future financial stability and dividend sustainability.
Cube System
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Cube System Inc. offers a range of technological services both in Japan and internationally, with a market cap of ¥15.75 billion.
Operations: Cube System Inc.'s revenue segments include various technological services provided domestically and internationally.