Stock Analysis

Three Reliable Dividend Stocks For Your Portfolio

Published

In the wake of recent global market shifts, U.S. stocks have rallied to record highs as investors anticipate growth from potential policy changes following the election, while interest rate cuts by central banks in Europe and the U.S. aim to support economic expansion amidst inflationary concerns. With these dynamic market conditions, dividend stocks can offer a measure of stability and income generation for portfolios, making them an attractive option for investors seeking reliable returns amid economic fluctuations.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.18%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.25%★★★★★★
Padma Oil (DSE:PADMAOIL)6.69%★★★★★★
GakkyushaLtd (TSE:9769)4.54%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.40%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.45%★★★★★★
Business Brain Showa-Ota (TSE:9658)3.89%★★★★★★
CAC Holdings (TSE:4725)4.53%★★★★★★
E J Holdings (TSE:2153)3.86%★★★★★★
DoshishaLtd (TSE:7483)3.86%★★★★★★

Click here to see the full list of 1951 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Montea Comm. VA (ENXTBR:MONT)

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

Overview: Montea NV is a public regulated real estate company under Belgian law that specializes in logistics real estate across Belgium, the Netherlands, France, and Germany, with a market cap of €1.51 billion.

Operations: Montea Comm. VA generates its revenue through its specialization in logistics real estate across Belgium, the Netherlands, France, and Germany.

Dividend Yield: 5.7%

Montea Comm. VA's dividends have been reliable and stable over the past decade, supported by earnings with a payout ratio of 82.5% and cash flows at 94.6%. Recent earnings growth, evidenced by a net income increase to €121.72 million for the first nine months of 2024, reinforces dividend sustainability despite shareholder dilution from recent private placements raising €154 million. Although trading below fair value estimates, its dividend yield of 5.67% is lower than top-tier Belgian market payers.

ENXTBR:MONT Dividend History as at Nov 2024

Rami Levi Chain Stores Hashikma Marketing 2006 (TASE:RMLI)

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

Overview: Rami Levi Chain Stores Hashikma Marketing 2006 Ltd operates a chain of discount retail stores in Israel and has a market cap of ₪3.15 billion.

Operations: Rami Levi Chain Stores Hashikma Marketing 2006 Ltd generates revenue primarily from its retail chains, amounting to ₪6.30 billion.

Dividend Yield: 6.6%

Rami Levi Chain Stores Hashikma Marketing 2006 offers a high dividend yield of 6.56%, placing it among the top 25% in Israel's market. However, its dividends are not well covered by earnings with a payout ratio of 98.9%, though cash flows sufficiently cover them at a lower cash payout ratio of 49.5%. Despite past volatility and unreliability in dividend payments, recent earnings growth suggests potential for improved stability. The stock trades significantly below estimated fair value, offering attractive entry points for investors seeking undervalued opportunities with high yields.

TASE:RMLI Dividend History as at Nov 2024

Sangetsu (TSE:8130)

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

Overview: Sangetsu Corporation, with a market cap of ¥168.61 billion, operates in the planning, development, manufacture, sale, and installation of interior decorating products both in Japan and internationally.

Operations: Sangetsu Corporation's revenue is primarily derived from its Domestic Interior (Including Space Creation) segment at ¥160.62 billion, with additional contributions from Abroad at ¥26.16 billion and Domestic Exterior at ¥6.39 billion.

Dividend Yield: 5.2%

Sangetsu offers a dividend yield of 5.23%, ranking in the top 25% of Japanese dividend payers. The dividend has been stable and reliable over the past decade, showing consistent growth. However, a high cash payout ratio of 113% indicates dividends are not well covered by free cash flows, despite being covered by earnings with a payout ratio of 72.4%. Recent guidance suggests steady financial performance with expected net sales of ¥196 billion and profit attributable to owners at ¥11 billion for FY2025.

TSE:8130 Dividend History as at Nov 2024

Where To Now?

  • Click this link to deep-dive into the 1951 companies within our Top Dividend Stocks screener.
  • Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

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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