3 Prominent Dividend Stocks To Boost Your Portfolio

As global markets navigate a choppy start to the year, with U.S. equities experiencing declines amid inflation concerns and political uncertainty, investors are increasingly seeking stability through dividend stocks. In this environment, selecting stocks that offer consistent dividends can be an effective strategy to bolster portfolios against market volatility while providing a steady income stream.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.31%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.36%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.38%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.80%	★★★★★★
CAC Holdings (TSE:4725)	4.72%	★★★★★★
Yamato Kogyo (TSE:5444)	4.06%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.46%	★★★★★★
GakkyushaLtd (TSE:9769)	4.41%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.64%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.21%	★★★★★★

Click here to see the full list of 2016 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Emirates Insurance Company P.J.S.C (ADX:EIC)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Emirates Insurance Company P.J.S.C. operates in the general insurance and reinsurance sectors across the United Arab Emirates, the United States, and Europe, with a market cap of AED1.19 billion.

Operations: Emirates Insurance Company P.J.S.C.'s revenue is primarily derived from underwriting, accounting for AED2.16 billion, and investments, contributing AED99.81 million.

Dividend Yield: 6.9%

Emirates Insurance Company P.J.S.C. offers a compelling dividend yield of 6.92%, ranking in the top 25% of AE market payers, with stable and growing dividends over the past decade. However, its high cash payout ratio (362.1%) raises concerns about sustainability as dividends are not well covered by free cash flows despite being covered by earnings with a reasonable payout ratio (68.9%). Recent earnings reflect slight declines in net income for the first nine months of 2024 compared to last year.

• Navigate through the intricacies of Emirates Insurance Company P.J.S.C with our comprehensive dividend report here.
• Our valuation report here indicates Emirates Insurance Company P.J.S.C may be overvalued.

Caltagirone (BIT:CALT)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Caltagirone SpA operates in cement manufacturing, media, real estate, and publishing through its subsidiaries, with a market cap of €792.79 million.

Operations: Caltagirone SpA generates revenue through its segments in publishing (€112.65 million), constructions (€186.77 million), management of properties (€35.27 million), and cement, concrete, and aggregates (€1.64 billion).

Dividend Yield: 3.8%

Caltagirone's dividend strategy is robust, supported by a low cash payout ratio of 9.1% and earnings coverage at 21.7%, ensuring sustainability. The company trades significantly below its estimated fair value, offering potential upside for investors. Dividends have been stable and growing over the past decade, though the yield of 3.79% is lower than Italy's top payers at 5.19%. Earnings increased by 10.5% in the past year, bolstering dividend reliability further.

• Take a closer look at Caltagirone's potential here in our dividend report.
• The valuation report we've compiled suggests that Caltagirone's current price could be quite moderate.

Jinduicheng Molybdenum (SHSE:601958)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Jinduicheng Molybdenum Co., Ltd. is involved in the research, development, production, and sale of molybdenum series products and trades molybdenum-related products globally, with a market cap of CN¥32.30 billion.

Operations: Jinduicheng Molybdenum Co., Ltd.'s revenue primarily comes from its activities in the molybdenum series products sector and the global trade of molybdenum-related products.

Dividend Yield: 3.9%

Jinduicheng Molybdenum's dividends are well-covered, with a payout ratio of 43.7% and a cash payout ratio of 37.4%, indicating sustainability from both earnings and cash flows. Despite an unstable dividend track record over the past decade, recent payments have increased. The stock is trading at a significant discount to its estimated fair value, suggesting potential value for investors. Earnings grew by 9.6% last year, though net income slightly declined recently to CNY 2.19 billion.

• Get an in-depth perspective on Jinduicheng Molybdenum's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Jinduicheng Molybdenum's share price might be too pessimistic.

Seize The Opportunity

• Delve into our full catalog of 2016 Top Dividend Stocks here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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