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As global markets respond to cooling inflation and strong bank earnings, major U.S. stock indexes have rebounded, with value stocks notably outperforming growth shares. Amid these market dynamics, dividend stocks can offer investors a reliable income stream and potential for portfolio enhancement, especially when economic conditions suggest stability in interest rates.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.34% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.50% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.69% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 4.04% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.46% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.18% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.49% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.59% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 4.02% | ★★★★★★ |
| E J Holdings (TSE:2153) | 4.05% | ★★★★★★ |
Click here to see the full list of 1983 stocks from our Top Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
AIC
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: AIC Inc. offers OEM/ODM, commercial off-the-shelf, and server and storage solutions across the United States, Asia, and Europe with a market cap of NT$14.23 billion.
Operations: AIC Inc.'s revenue primarily comes from its Computers and Related Spare Parts Department, totaling NT$8.79 billion.
Dividend Yield: 3%
AIC's dividend payments are well covered by earnings and cash flows, with a payout ratio of 37.9% and a cash payout ratio of 56.7%. However, dividends have been volatile over the past decade, despite recent growth. The current dividend yield is relatively low at 3.02% compared to top payers in the market. Recent earnings show mixed results with net income for nine months increasing to TWD 895.69 million from TWD 804.05 million year-on-year.
Sporton International
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sporton International Inc. offers product testing and certification services both in Taiwan and internationally, with a market cap of NT$20.68 billion.
Operations: Sporton International Inc.'s revenue primarily comes from its Testing certification and verification services, which generated NT$4.15 billion, complemented by its Parts Division contributing NT$438.77 million.
Dividend Yield: 5.2%
Sporton International's dividend yield of 5.17% ranks in the top 25% of the TW market, but its sustainability is questionable with a high cash payout ratio of 108.2%. Despite stable and reliable dividends over the past decade, they are not fully covered by free cash flows or earnings. Recent financials reveal declining revenue and net income for both Q3 and nine months ended September 2024, which could impact future dividend stability.