In This Article:
As global markets navigate a landscape marked by accelerating inflation and rising indices, investors are increasingly seeking stability amid economic uncertainties. In such an environment, dividend stocks can offer a reliable income stream and potential for portfolio enhancement.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Wuliangye YibinLtd (SZSE:000858) | 3.95% | ★★★★★★ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.41% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.69% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.88% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.91% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.60% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.42% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.41% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.21% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1992 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Dubai Islamic Bank P.J.S.C
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Dubai Islamic Bank P.J.S.C. operates in corporate, retail, and investment banking both in the United Arab Emirates and internationally, with a market cap of approximately AED55.87 billion.
Operations: Dubai Islamic Bank P.J.S.C.'s revenue segments include Consumer Banking (AED4.38 billion), Corporate Banking (AED3.40 billion), Treasury (AED2.55 billion), and Real Estate Development (AED645 million).
Dividend Yield: 5.8%
Dubai Islamic Bank P.J.S.C. offers a dividend yield of 5.82%, slightly below the top quartile in the AE market, and maintains a reasonable payout ratio of 43.3%. Despite recent earnings growth and a recommended AED 0.45 per share dividend for 2024, its dividends have been volatile over the past decade. The bank faces challenges with high bad loans (3.8%), impacting financial stability, yet trades attractively with a P/E ratio of 7.4x against the market's 13.3x average.
BKI Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: BKI Holdings Public Company Limited operates in Thailand, providing non-life insurance services, and has a market cap of THB30.17 billion.
Operations: BKI Holdings generates revenue from various segments, including Fire (THB1.74 billion), Motor (THB12.38 billion), Miscellaneous (THB6.50 billion), and Marine and Transportation (THB411.56 million).
Dividend Yield: 5.8%
BKI Holdings' dividend yield of 5.78% is lower than the top 25% in the TH market, and its high payout ratio of 119% suggests dividends are not well covered by earnings. However, cash flows cover the current cash payout ratio of 76.3%. Despite stable and reliable dividend payments over the past decade, profit margins have declined from last year. The stock trades at a discount, being 22.6% below its estimated fair value.