In This Article:
As global markets continue to navigate a landscape marked by record highs in major U.S. stock indexes and mixed sector performances, investors are keenly observing the implications of labor market data and potential interest rate adjustments by the Federal Reserve. Amid these dynamic conditions, dividend stocks present an appealing option for those seeking steady income streams, especially as certain sectors like energy and utilities face downward pressure while growth stocks rally. In such a climate, identifying dividend stocks with strong fundamentals can offer stability and potential returns despite broader market volatility.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Guaranty Trust Holding (NGSE:GTCO) | 6.98% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.61% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.27% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.43% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 3.99% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.44% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.86% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.61% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.46% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 5.41% | ★★★★★★ |
Click here to see the full list of 1944 stocks from our Top Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Caltagirone
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Caltagirone SpA operates through its subsidiaries in the media, real estate, and publishing sectors, with a market cap of €778.38 million.
Operations: Caltagirone SpA generates its revenue through several key segments: €112.65 million from publishing, €186.77 million from constructions, €35.27 million from management of properties, and €1.64 billion from cement, concrete, and aggregates.
Dividend Yield: 3.9%
Caltagirone's dividend yield of 3.86% is below the top tier in the Italian market but remains reliable and stable, having grown over the past decade. The dividends are well covered by earnings, with a payout ratio of 21.7%, and cash flows, with a cash payout ratio of 9.1%. Additionally, Caltagirone trades significantly below its estimated fair value, suggesting potential value for investors seeking stable dividend income.
Hy-Lok
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Hy-Lok Corporation operates in the fluid and control system industry worldwide, with a market cap of ₩308.02 billion.
Operations: Hy-Lok Corporation generates revenue primarily from the manufacture and sale of fittings for mechanical equipment, flange valves, unions, and nipples, amounting to ₩188.07 billion.