In This Article:
As global markets show signs of optimism with cooling inflation and robust bank earnings propelling stocks higher, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In this environment, identifying strong dividend-paying companies can be particularly appealing, offering the dual benefits of income generation and potential capital appreciation amidst market fluctuations.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Tsubakimoto Chain (TSE:6371) | 4.27% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.90% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.68% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.54% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 7.48% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.44% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.45% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.65% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.82% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1979 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Bank of Communications
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Bank of Communications Co., Ltd. offers commercial banking products and services in China, with a market cap of HK$515.78 billion.
Operations: Bank of Communications Co., Ltd. generates revenue through its commercial banking operations in China, focusing on a diverse range of financial products and services.
Dividend Yield: 6.4%
Bank of Communications offers a stable dividend profile, with payments consistently growing over the past decade and maintaining stability. The current payout ratio of 48.5% indicates dividends are well covered by earnings, with forecasts suggesting continued coverage in three years at 31.3%. Recently, an interim cash dividend was approved for distribution on January 24, 2025. Despite a lower yield compared to top-tier peers in Hong Kong, the stock trades at significant value below fair estimates.
China South Publishing & Media Group
Simply Wall St Dividend Rating: ★★★★★★
Overview: China South Publishing & Media Group Co., Ltd operates in publishing, printing, distribution, media, and financing sectors in China with a market cap of CN¥24.43 billion.
Operations: China South Publishing & Media Group Co., Ltd generates revenue through its activities in publishing, printing, distribution, media, and financing within China.