In This Article:
As global markets navigate a choppy start to the year, marked by inflation concerns and political uncertainty, investors are keenly assessing how these factors might impact their portfolios. With U.S. equities experiencing declines and interest rates potentially remaining higher for longer, dividend stocks offer a compelling option for those seeking steady income amidst market volatility.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.07% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 6.38% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 4.08% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.61% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 4.01% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.58% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.91% | ★★★★★★ |
| E J Holdings (TSE:2153) | 4.07% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.89% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.93% | ★★★★★★ |
Click here to see the full list of 1999 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Loomis
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Loomis AB (publ) offers solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables with a market cap of SEK22.62 billion.
Operations: Loomis AB (publ) generates revenue through its segments, with SEK14.49 billion from Europe and Latin America, SEK15.48 billion from the United States of America (USA), and SEK94 million from Loomis Pay.
Dividend Yield: 3.7%
Loomis offers a mixed profile for dividend investors. Its dividend payments are covered by earnings, with a payout ratio of 56.8%, and cash flows, with a low cash payout ratio of 20.8%. However, its dividend yield of 3.68% is lower than the top tier in Sweden, and the dividends have been volatile over the past decade. Recent buybacks worth SEK 399.75 million could signal confidence but do not guarantee future stability or growth in dividends.
Jiangling Motors Corporation
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jiangling Motors Corporation, Ltd. and its subsidiaries produce and sell automobiles and automobile parts in China and internationally, with a market cap of CN¥14.92 billion.
Operations: Jiangling Motors Corporation, Ltd. generates its revenue primarily from the production and sale of automobiles, related spare parts, and components, totaling CN¥37.39 billion.
Dividend Yield: 3.1%
Jiangling Motors Corporation's dividend profile is characterized by a low payout ratio of 36.2%, indicating dividends are well covered by earnings, and a cash payout ratio of 25.7%, suggesting strong cash flow support. Despite this, the dividends have been volatile over the past decade, with declines noted. Recent strategic alliances and robust earnings growth—CNY 1,166.09 million net income for nine months ending September 2024—may enhance future stability but do not assure consistent dividend growth or reliability.