Stock Analysis

Emaar Properties PJSC And 2 Other Dividend Stocks To Boost Your Income

Published November 13, 2024

As global markets react to the recent U.S. election outcomes and central bank policy shifts, many investors are reassessing their strategies amidst record highs in major indices like the S&P 500. In such a dynamic environment, dividend stocks offer a compelling opportunity for those seeking steady income streams, with Emaar Properties PJSC among others standing out as potential candidates to enhance portfolio returns through consistent payouts.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.51%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.83%	★★★★★★
Allianz (XTRA:ALV)	4.88%	★★★★★★
GakkyushaLtd (TSE:9769)	4.57%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.37%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.67%	★★★★★★
James Latham (AIM:LTHM)	6.15%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.36%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.37%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.90%	★★★★★★

Click here to see the full list of 1946 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Emaar Properties PJSC (DFM:EMAAR)

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

Overview: Emaar Properties PJSC is involved in property investment, development, and management both in the United Arab Emirates and internationally, with a market cap of AED81.76 billion.

Operations: Emaar Properties PJSC generates revenue from its core activities in property investment, development, and management across various regions.

Dividend Yield: 5.4%

Emaar Properties PJSC offers a compelling dividend profile with a low payout ratio of 36.9%, ensuring dividends are well covered by earnings and cash flows (25.2%). Despite a volatile and unreliable dividend history over the past decade, recent growth in earnings—up to AED 8.52 billion for the first nine months of 2024—supports sustainability. The stock trades at good value with a P/E ratio of 6.9x, below the AE market average, though its dividend yield is slightly below top-tier levels in the AE market.

DFM:EMAAR Dividend History as at Nov 2024

Bouvet (OB:BOUV)

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

Overview: Bouvet ASA is an IT and digital communication consultancy firm serving public and private sector clients in Norway, Sweden, and internationally, with a market cap of NOK7.39 billion.

Operations: Bouvet ASA generates its revenue by offering consultancy services in IT and digital communication to both public and private sector clients across Norway, Sweden, and internationally.

Dividend Yield: 3.6%

Bouvet ASA maintains a sustainable dividend profile with a payout ratio of 71.3%, indicating dividends are well covered by earnings and cash flows (41.7%). The company has consistently increased its dividends over the past decade, though its yield of 3.58% is below top-tier levels in Norway. Recent earnings growth supports this stability, with Q3 2024 net income rising to NOK 77.91 million from NOK 63.14 million year-over-year, reflecting robust financial health amidst insider selling activities.

Yungshin Construction & DevelopmentLtd (TPEX:5508)

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

Overview: Yungshin Construction & Development Co., Ltd. operates in the construction and development industry with a market capitalization of NT$41.53 billion.

Operations: Yungshin Construction & Development Co., Ltd. generates revenue primarily from its Home Builders - Residential / Commercial segment, amounting to NT$12.55 billion.

Dividend Yield: 5.9%

Yungshin Construction & Development Ltd. offers a high dividend yield of 5.91%, placing it in the top 25% of Taiwan's market, though its dividend history is marked by volatility and instability over the past decade. Despite this, dividends are well-covered by earnings (56.7% payout ratio) and cash flows (47.8%). Recent financial performance shows strong growth, with Q3 net income rising to TWD 1.07 billion from TWD 715 million year-over-year, supporting potential dividend sustainability amidst high debt levels.

TPEX:5508 Dividend History as at Nov 2024

Seize The Opportunity

Investigate our full lineup of 1946 Top Dividend Stocks right here.
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Contemplating Other Strategies?

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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