Top 3 Dividend Stocks To Consider In Your Portfolio

As global markets navigate a mixed economic landscape marked by fluctuating consumer confidence and shifting indices, investors are seeking stability amid the volatility. In this context, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to bolster their portfolios with consistent returns despite market uncertainties.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.02%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.28%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.59%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.45%	★★★★★★
GakkyushaLtd (TSE:9769)	4.35%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.84%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.04%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.81%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.17%	★★★★★★

Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Gree Electric Appliances of Zhuhai (SZSE:000651)

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

Overview: Gree Electric Appliances, Inc. of Zhuhai is a Chinese company that manufactures and sells air-conditioners, home appliances, and accessories, with a market cap of CN¥247.47 billion.

Operations: Gree Electric Appliances, Inc. of Zhuhai generates revenue primarily from its Manufacturing Industry segment, which amounts to CN¥166.28 billion.

Dividend Yield: 5.3%

Gree Electric Appliances of Zhuhai offers a compelling dividend yield of 5.28%, ranking in the top 25% within the CN market. Despite its volatile dividend history, recent earnings growth and a payout ratio of 42.3% suggest dividends are well-covered by earnings and cash flows. However, shareholder dilution over the past year raises concerns about future stability. Recent financials show net income growth to CNY 21.96 billion despite declining sales, indicating resilient profitability amidst challenges.

• Take a closer look at Gree Electric Appliances of Zhuhai's potential here in our dividend report.
• According our valuation report, there's an indication that Gree Electric Appliances of Zhuhai's share price might be on the cheaper side.

Inner Mongolia Yuan Xing Energy (SZSE:000683)

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

Overview: Inner Mongolia Yuan Xing Energy Company Limited operates in China through its subsidiaries, focusing on soda ash, methanol, fertilizer and agricultural production materials, with a market cap of CN¥21.18 billion.

Operations: Inner Mongolia Yuan Xing Energy Company Limited generates revenue through its operations in soda ash, methanol, and fertilizer and agricultural production materials in China.

Dividend Yield: 5.1%

Inner Mongolia Yuan Xing Energy's dividend yield of 5.13% places it among the top 25% in the CN market, supported by a payout ratio of 64.9%. Its dividends are well-covered by earnings and cash flows, with a cash payout ratio at 41.2%. Despite past volatility and an unstable dividend track record, recent earnings growth suggests improved coverage potential. Recent financials show increased sales to CNY 10.37 billion and net income to CNY 1.80 billion year-over-year, indicating robust performance despite lower profit margins compared to last year.

• Unlock comprehensive insights into our analysis of Inner Mongolia Yuan Xing Energy stock in this dividend report.
• Our comprehensive valuation report raises the possibility that Inner Mongolia Yuan Xing Energy is priced lower than what may be justified by its financials.

OVB Holding (XTRA:O4B)

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

Overview: OVB Holding AG, with a market cap of €290.73 million, operates through its subsidiaries to offer advisory and brokerage services to private households across Europe.

Operations: OVB Holding AG generates revenue of €392.74 million from its insurance brokerage services provided to private households in Europe.

Dividend Yield: 4.4%

OVB Holding's dividend yield of 4.41% is below the top quartile in Germany but remains reliable, with stable payments over the past decade. The payout ratios for earnings (69.3%) and cash flows (68.3%) indicate dividends are well-covered, reflecting sustainable practices. Recent financials show a revenue increase to EUR 306.17 million and net income growth to EUR 13.32 million for the nine months ended September 2024, supporting its dividend stability and potential value at current trading levels.

• Click here to discover the nuances of OVB Holding with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, OVB Holding's share price might be too pessimistic.

Key Takeaways

• Gain an insight into the universe of 1938 Top Dividend Stocks by clicking here.
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Seeking Other Investments?

• 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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