In This Article:
As global markets navigate a period of mixed economic signals, with U.S. indexes nearing record highs and geopolitical tensions influencing investor sentiment, the focus on stable income sources like dividend stocks becomes increasingly relevant. In this context, identifying strong dividend-paying companies such as NV Bekaert can provide investors with potential opportunities for steady returns amidst fluctuating market conditions.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.44% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.55% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 6.67% | ★★★★★★ |
| Financial Institutions (NasdaqGS:FISI) | 4.25% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.89% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.45% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.35% | ★★★★★★ |
| James Latham (AIM:LTHM) | 6.10% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.78% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.90% | ★★★★★★ |
Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
NV Bekaert
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: NV Bekaert SA is a global provider of steel wire transformation and coating technologies with a market cap of €1.73 billion.
Operations: NV Bekaert SA's revenue is primarily derived from its Rubber Reinforcement segment at €1.77 billion, followed by Steel Wire Solutions at €1.13 billion, Specialty Businesses at €672.27 million, and Bridon-Bekaert Ropes Group at €548.20 million.
Dividend Yield: 5.5%
NV Bekaert's dividends are well-covered by earnings and cash flows, with payout ratios of 37.3% and 52.5%, respectively, indicating sustainability despite a volatile track record over the past decade. Recent guidance suggests consolidated sales just below €4 billion and EBIT between €340 million to €350 million for 2024, reflecting ongoing market challenges. Although trading at a value below fair estimates, its dividend yield of 5.53% lags behind top Belgian payers.
LEM Holding
Simply Wall St Dividend Rating: ★★★★★☆
Overview: LEM Holding SA, along with its subsidiaries, offers solutions for measuring electrical parameters across various regions including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America with a market cap of CHF927.10 million.
Operations: I apologize, but it seems that the specific revenue segment details for LEM Holding SA are missing from the provided text. If you could provide those details, I would be happy to help summarize them for you.