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As global markets show signs of resilience with U.S. indexes approaching record highs and broad-based gains, investors are navigating a landscape marked by geopolitical tensions and economic uncertainties. Amidst this backdrop, dividend stocks continue to attract attention for their potential to provide steady income streams, particularly as interest rate dynamics remain a focal point for many market participants. A good dividend stock in such conditions is often characterized by strong fundamentals and consistent payout histories, offering potential stability in an otherwise volatile environment.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.34% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.55% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 3.97% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.29% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 6.64% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.40% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.97% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.42% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.87% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.86% | ★★★★★★ |
Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Spar Nord Bank
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Spar Nord Bank A/S offers a range of banking products and services to retail and business customers in Denmark, with a market cap of DKK15.86 billion.
Operations: Spar Nord Bank's revenue is primarily derived from its Local Banks and Group's Leasing Activities, which contribute DKK4.96 billion, complemented by the Trading Division generating DKK533 million.
Dividend Yield: 7.2%
Spar Nord Bank offers a dividend yield in the top 25% of Danish payers, supported by a reasonable payout ratio of 51.3%. However, its dividend history has been volatile and unreliable over the past decade. Recent earnings show decreased net income compared to last year, yet guidance for 2024 suggests improved profitability. Despite trading below estimated fair value, concerns include high non-performing loans at 2.4% and forecasted earnings decline averaging 11.4% annually over three years.
Citicore Energy REIT
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Citicore Energy REIT (PSE:CREIT) is the Philippines' first renewable energy real estate investment trust and largest renewable energy landlord, supported by Citicore Renewable Energy Corporation, with a market cap of ₱19.96 billion.