In This Article:
As global markets navigate a landscape marked by accelerating U.S. inflation and climbing stock indexes, investors are closely monitoring the potential impacts of trade policies and interest rate expectations. With major indices like the S&P 500 and Nasdaq Composite nearing record highs, dividend stocks may offer a compelling option for those seeking stable income amidst market volatility.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Guaranty Trust Holding (NGSE:GTCO) | 5.93% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 3.95% | ★★★★★★ |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.41% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 7.69% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.33% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.15% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.41% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.33% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1996 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Solar
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Solar A/S is a sourcing and services company specializing in electrical, heating and plumbing, ventilation, and climate and energy solutions across Denmark, Sweden, Norway, and the Netherlands with a market cap of DKK1.97 billion.
Operations: Solar A/S generates revenue from three main segments: Trade (DKK1.17 billion), Industry (DKK4.34 billion), and Installation (DKK6.72 billion).
Dividend Yield: 5.6%
Solar A/S has announced a proposed dividend of DKK 15 per share for 2024, with a payout ratio of 72%, aligning with its policy to distribute at least 35% of profits. Despite a decrease in net income and sales from the previous year, dividends are covered by both earnings and cash flows. The upcoming stock split aims to attract new investors. Dividend payments have been volatile historically, but the current yield is among the top in Denmark.
Sichuan Road & Bridge GroupLtd
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sichuan Road & Bridge Group Co., Ltd is involved in the investment, development, construction, and operation of engineering projects, mining, clean energy, and new materials both in China and internationally with a market cap of CN¥61.25 billion.
Operations: Sichuan Road & Bridge Group Co., Ltd generates its revenue from engineering construction (CN¥66.32 billion), mining (CN¥1.92 billion), and clean energy and new materials (CN¥2.56 billion).