Top Dividend Stocks Including NV Bekaert And Two Others

As global markets navigate a period of mixed economic signals, with U.S. indexes nearing record highs and geopolitical tensions influencing investor sentiment, the focus on stable income sources like dividend stocks becomes increasingly relevant. In this context, identifying strong dividend-paying companies such as NV Bekaert can provide investors with potential opportunities for steady returns amidst fluctuating market conditions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.44%	★★★★★★
CAC Holdings (TSE:4725)	4.55%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.67%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.25%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.89%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.45%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.35%	★★★★★★
James Latham (AIM:LTHM)	6.10%	★★★★★★
DoshishaLtd (TSE:7483)	3.78%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.90%	★★★★★★

Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

NV Bekaert (ENXTBR:BEKB)

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

Overview: NV Bekaert SA is a global provider of steel wire transformation and coating technologies with a market cap of €1.73 billion.

Operations: NV Bekaert SA's revenue is primarily derived from its Rubber Reinforcement segment at €1.77 billion, followed by Steel Wire Solutions at €1.13 billion, Specialty Businesses at €672.27 million, and Bridon-Bekaert Ropes Group at €548.20 million.

Dividend Yield: 5.5%

NV Bekaert's dividends are well-covered by earnings and cash flows, with payout ratios of 37.3% and 52.5%, respectively, indicating sustainability despite a volatile track record over the past decade. Recent guidance suggests consolidated sales just below €4 billion and EBIT between €340 million to €350 million for 2024, reflecting ongoing market challenges. Although trading at a value below fair estimates, its dividend yield of 5.53% lags behind top Belgian payers.

• Take a closer look at NV Bekaert's potential here in our dividend report.
• Our comprehensive valuation report raises the possibility that NV Bekaert is priced lower than what may be justified by its financials.

LEM Holding (SWX:LEHN)

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

Overview: LEM Holding SA, along with its subsidiaries, offers solutions for measuring electrical parameters across various regions including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America with a market cap of CHF927.10 million.

Operations: I apologize, but it seems that the specific revenue segment details for LEM Holding SA are missing from the provided text. If you could provide those details, I would be happy to help summarize them for you.

Dividend Yield: 6.3%

LEM Holding's dividend yield of 6.26% ranks it among the top Swiss payers, yet its sustainability is questionable due to a high cash payout ratio of 125.8%. Despite stable and growing dividends over the past decade, recent earnings have declined significantly with net income dropping to CHF 8.58 million from CHF 43.4 million year-on-year, impacting coverage by free cash flow. The stock trades at a considerable discount but remains highly volatile.

• Unlock comprehensive insights into our analysis of LEM Holding stock in this dividend report.
• In light of our recent valuation report, it seems possible that LEM Holding is trading behind its estimated value.

Andritz (WBAG:ANDR)

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

Overview: Andritz AG operates globally, supplying plants, equipment, and services to industries such as pulp and paper, metalworking and steel, hydropower stations, and solid/liquid separation across various sectors with a market cap of €5.23 billion.

Operations: Andritz AG's revenue is primarily derived from its Pulp & Paper segment (€3.83 billion), followed by Metals (€1.84 billion), Hydro Power (€1.48 billion), and Environment & Energy (€1.33 billion).

Dividend Yield: 4.7%

Andritz's dividend yield of 4.73% is lower than Austria's top payers, with a history of volatility and unreliability over the past decade. However, dividends are well-covered by earnings and cash flows, with payout ratios at 49.5% and 47.1%, respectively. Despite recent declines in sales and net income for Q3 2024 to €2 billion and €118 million, the stock trades below estimated fair value by 56.7%, suggesting potential long-term value despite short-term fluctuations.

• Delve into the full analysis dividend report here for a deeper understanding of Andritz.
• Our valuation report unveils the possibility Andritz's shares may be trading at a discount.

Turning Ideas Into Actions

• Unlock our comprehensive list of 1957 Top Dividend Stocks by clicking here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Searching for a Fresh Perspective?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com