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As global markets navigate a landscape marked by accelerating U.S. inflation and near-record highs in stock indexes, investors are keenly observing the impact of these dynamics on their portfolios. In such an environment, dividend stocks can offer a compelling option for those seeking income stability amidst market volatility, as they typically provide regular payouts regardless of market fluctuations.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Guaranty Trust Holding (NGSE:GTCO) | 5.93% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.95% | ★★★★★★ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.41% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.69% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.33% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.15% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.41% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.33% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1995 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Lam Soon (Thailand)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Lam Soon (Thailand) Public Company Limited manufactures and distributes palm oil in Thailand, with a market cap of THB4.05 billion.
Operations: Lam Soon (Thailand) Public Company Limited generates revenue primarily from Palm Oil, amounting to THB9.20 billion, and Processed Fruits and Vegetables, contributing THB2.90 billion.
Dividend Yield: 5.1%
Lam Soon (Thailand) trades at 33% below its estimated fair value, offering potential value for investors. However, its dividend payments have been unreliable and volatile over the past decade. The recent proposed dividend of THB 0.20 per share reflects a decrease and awaits shareholder approval. Despite this, dividends are covered by earnings with a payout ratio of 40% and cash flows at 51.5%. Its dividend yield is lower than Thailand's top-tier payers.
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Navigate through the intricacies of Lam Soon (Thailand) with our comprehensive dividend report here.
Sheng Siong Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sheng Siong Group Ltd is an investment holding company that operates a chain of supermarket retail stores in Singapore with a market cap of SGD2.48 billion.
Operations: Sheng Siong Group Ltd generates revenue from its supermarket operations selling consumer goods, amounting to SGD1.41 billion.
Dividend Yield: 3.8%
Sheng Siong Group's dividend reliability is mixed, with volatile payments over the past decade. Despite this, dividends are covered by earnings and cash flows, with payout ratios of 67.5% and 51.3%, respectively. The dividend yield of 3.79% is below Singapore's top payers, though the company trades at a significant discount to its estimated fair value. Earnings have grown annually by 7.4% over five years, supporting potential future payouts.