GOLFZON NEWDIN HOLDINGS And 2 More Dividend Stocks To Consider

As global markets continue to navigate the complexities of rising inflation and interest rate expectations, U.S. stock indexes are climbing toward record highs, with growth stocks outperforming value shares. In such an environment, dividend stocks can offer a stable income stream and potential for capital appreciation, making them an attractive option for investors seeking to balance risk and reward.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	5.93%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.95%	★★★★★★
Chongqing Rural Commercial Bank (SEHK:3618)	8.41%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.69%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.88%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.91%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.60%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.41%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.21%	★★★★★★
DoshishaLtd (TSE:7483)	3.88%	★★★★★★

Click here to see the full list of 1991 stocks from our Top Dividend Stocks screener.

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

GOLFZON NEWDIN HOLDINGS (KOSDAQ:A121440)

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

Overview: GOLFZON NEWDIN HOLDINGS Co., Ltd. operates in the golf, sports, health, and lifestyle sectors through its subsidiaries both in South Korea and internationally, with a market cap of approximately ₩145.87 billion.

Operations: GOLFZON NEWDIN HOLDINGS Co., Ltd. generates revenue primarily from its Distribution Business, which accounts for ₩334.42 billion, followed by Landlord activities at ₩52.64 billion and Golf Course Rental at ₩7.48 billion, with additional contributions from the Space Business and Others totaling ₩8.77 billion.

Dividend Yield: 4.6%

GOLFZON NEWDIN HOLDINGS offers a compelling dividend profile with a yield of 4.64%, placing it in the top 25% of KR market dividend payers. Its dividends are well-covered by earnings and cash flows, boasting payout ratios of 15.5% and 33.8%, respectively, indicating sustainability. Despite only five years of payments, dividends have been stable and growing without volatility. Recent share buybacks totaling ₩4,999.81 million underscore management's commitment to shareholder returns.

• Dive into the specifics of GOLFZON NEWDIN HOLDINGS here with our thorough dividend report.
• Our expertly prepared valuation report GOLFZON NEWDIN HOLDINGS implies its share price may be lower than expected.

China Everbright Bank (SHSE:601818)

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

Overview: China Everbright Bank Company Limited offers a variety of financial products and services to corporations, government agencies, retail customers, and individuals across Mainland China and several international locations, with a market cap of CN¥216.30 billion.

Operations: China Everbright Bank's revenue segments include corporate banking, retail banking, and treasury operations across its domestic and international markets.

Dividend Yield: 5.4%

China Everbright Bank's dividend yield of 5.4% ranks it among the top 25% in the CN market. Despite a history of volatility, dividends have increased over the past decade and are well-covered by earnings with a current payout ratio of 45.5%. The bank recently approved an interim cash dividend for H1 2024, reflecting ongoing shareholder returns despite its unstable track record. Future payouts are forecast to remain sustainable with a lower payout ratio of 28.1%.

• Unlock comprehensive insights into our analysis of China Everbright Bank stock in this dividend report.
• Our comprehensive valuation report raises the possibility that China Everbright Bank is priced higher than what may be justified by its financials.

StarragTornos Group (SWX:STGN)

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

Overview: StarragTornos Group AG develops, manufactures, and distributes precision machine tools for milling, turning, boring, grinding, and machining workpieces made of metal, composite materials, and ceramics with a market cap of CHF204.40 million.

Operations: StarragTornos Group AG generates revenue through the development, manufacturing, and distribution of precision machine tools designed for various machining processes involving metal, composite materials, and ceramics.

Dividend Yield: 6.7%

StarragTornos Group's dividend yield of 6.68% places it among the top 25% in the Swiss market, yet its dividends have been volatile over the past decade. Despite trading at a good value compared to peers and being 34.5% below fair value estimates, dividends are not covered by free cash flows, indicating potential sustainability concerns. The payout ratio of 62.7% suggests earnings coverage, but volatility and lack of free cash flow coverage pose risks for dividend reliability.

• Delve into the full analysis dividend report here for a deeper understanding of StarragTornos Group.
• Insights from our recent valuation report point to the potential undervaluation of StarragTornos Group shares in the market.

Where To Now?

• Navigate through the entire inventory of 1991 Top Dividend Stocks here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Want To Explore Some Alternatives?

• 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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