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As global markets navigate geopolitical tensions and concerns over consumer spending, major indices have experienced fluctuations, with the S&P 500 reaching record highs before ending the week lower. Amid these uncertainties, investors often turn to dividend stocks for their potential to provide steady income streams and resilience in volatile market conditions.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
CAC Holdings (TSE:4725) | 5.06% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 5.03% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.75% | ★★★★★★ |
Tsubakimoto Chain (TSE:6371) | 4.24% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.06% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 3.92% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.37% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.48% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.28% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.90% | ★★★★★★ |
Click here to see the full list of 2011 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Bulten
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bulten AB (publ) manufactures and distributes fasteners and related solutions for various industries, including automotive and electronics, across multiple international markets, with a market cap of approximately SEK1.43 billion.
Operations: Bulten AB (publ) generates its revenue primarily from the Bulten segment, which accounted for SEK5.81 billion.
Dividend Yield: 3.9%
Bulten's dividend payments have been volatile over the past decade, though they have shown growth during this period. Recent earnings results indicate a decline in fourth-quarter sales and earnings per share. Despite this, Bulten's dividends are well-covered by both earnings and cash flows, with reasonable payout ratios of 42.8% and 50.2%, respectively. The company proposed a dividend increase to SEK 2.75 per share for 2024, signaling confidence despite its high debt levels and recent financial performance challenges.
Evergreen International Storage & Transport
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Evergreen International Storage & Transport Corporation, along with its subsidiaries, offers inland container transport and container terminal operations in Taiwan, America, and internationally, with a market cap of NT$32.76 billion.
Operations: Evergreen International Storage & Transport Corporation generates revenue primarily from cargo shipment (NT$15.52 billion), international sea transportation (NT$2.87 billion), inland transport (NT$1.87 billion), container yard operations (NT$958.26 million), and gas stations (NT$425.33 million).