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As global markets navigate a mixed start to the new year, with major indices reflecting both gains and declines amid economic uncertainties, investors are turning their focus towards reliable income sources like dividend stocks. In light of recent market dynamics, characterized by fluctuating indices and economic indicators such as the Chicago PMI and GDP forecasts, selecting dividend stocks that offer consistent payouts can be an appealing strategy for those seeking stability in their investment portfolios.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.11% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.26% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.78% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.63% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 7.41% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.42% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.91% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.81% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 6.14% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.99% | ★★★★★★ |
Click here to see the full list of 1973 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Ibersol S.G.P.S
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ibersol, S.G.P.S., S.A. operates a network of restaurants in Portugal, Spain, and Angola through its subsidiaries and has a market cap of €309.42 million.
Operations: Ibersol S.G.P.S. generates its revenue from Counters (€172.83 million), Restaurants (€111.42 million), and Concessions, Travel, and Catering (€168.70 million).
Dividend Yield: 6.6%
Ibersol S.G.P.S. offers a dividend yield of 6.58%, placing it among the top 25% of dividend payers in Portugal, but its payments have been unreliable and volatile over the past decade. Despite a low cash payout ratio of 48.3%, dividends are not well covered by earnings due to a high payout ratio of 145.9%. Recent earnings showed growth, with Q3 net income at €7.35 million, up from €6.9 million last year, indicating potential for future stability if trends continue.
Allianz
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Allianz SE, with a market cap of €115.39 billion, operates globally through its subsidiaries offering property-casualty insurance, life/health insurance, and asset management products and services.
Operations: Allianz SE generates revenue through its key segments: Property-Casualty insurance (€76.40 billion), Life/Health insurance (€37.11 billion), and Asset Management (€3.35 billion).