Nissan Tokyo Sales Holdings And Two Other Top Dividend Stocks To Consider

In a global market characterized by mixed performances, with the Nasdaq Composite reaching new heights while most other indexes declined, investors are closely watching central banks' monetary policy moves and inflation data. As economic indicators suggest a cooling labor market and potential rate cuts on the horizon, dividend stocks offer an attractive option for those seeking stable income amidst uncertainty. In such an environment, strong dividend stocks like Nissan Tokyo Sales Holdings can provide consistent returns through regular payouts, making them worth considering as part of a diversified investment strategy.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	7.12%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.58%	★★★★★★
Yamato Kogyo (TSE:5444)	4.00%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.35%	★★★★★★
GakkyushaLtd (TSE:9769)	4.41%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.96%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.36%	★★★★★★
E J Holdings (TSE:2153)	3.83%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.67%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.42%	★★★★★★

Click here to see the full list of 1829 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Nissan Tokyo Sales Holdings (TSE:8291)

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

Overview: Nissan Tokyo Sales Holdings Co., Ltd. operates in the automobile dealership business in Japan with a market capitalization of ¥27.93 billion.

Operations: Nissan Tokyo Sales Holdings Co., Ltd. generates its revenue primarily from its automobile dealership operations in Japan.

Dividend Yield: 5.1%

Nissan Tokyo Sales Holdings' dividend yield of 5.11% ranks in the top 25% of JP market payers, yet it is not well covered by free cash flows. Despite a low payout ratio of 11.7%, dividends have been volatile and unreliable over the past decade. Recent events include a share buyback program repurchasing 10.54% for ¥2,961 million, aimed at improving capital efficiency and mitigating supply-demand impacts from a secondary offering.

• Delve into the full analysis dividend report here for a deeper understanding of Nissan Tokyo Sales Holdings.
• Our valuation report unveils the possibility Nissan Tokyo Sales Holdings' shares may be trading at a premium.

Inui Global Logistics (TSE:9308)

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

Overview: Inui Global Logistics Co., Ltd. operates in shipping, warehousing, and realty sectors both in Japan and internationally, with a market cap of ¥40.87 billion.

Operations: Inui Global Logistics Co., Ltd. generates revenue from its Logistics - Ocean Voyage Business at ¥23.03 billion, the Logistics - Warehousing and Transportation Business at ¥3.83 billion, and the Real Estate Business at ¥4.41 million.

Dividend Yield: 6.9%

Inui Global Logistics offers a dividend yield of 6.88%, placing it in the top 25% of JP market payers, but its dividends are not well covered by free cash flows, with a high cash payout ratio of 135.2%. Despite a low payout ratio of 10.4%, indicating earnings coverage, dividends have been volatile and unreliable over the past decade. The company has experienced significant earnings growth recently but is affected by large one-off items impacting financial results.

• Navigate through the intricacies of Inui Global Logistics with our comprehensive dividend report here.
• According our valuation report, there's an indication that Inui Global Logistics' share price might be on the expensive side.

DATAGROUP (XTRA:D6H)

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

Overview: DATAGROUP SE offers information technology solutions in Germany and internationally, with a market cap of €407.41 million.

Operations: DATAGROUP SE's revenue is derived from its provision of IT solutions both within Germany and on an international scale.

Dividend Yield: 3.1%

DATAGROUP's dividend yield of 3.07% is below the top tier in Germany, and its dividends have been volatile over the past decade. However, dividends are covered by earnings with a payout ratio of 48.1% and cash flows at 32.6%. Despite being added to the S&P Global BMI Index, recent earnings showed a decline in net income to €26.2 million from €28.08 million last year, indicating challenges but also potential value trading below fair estimates.

• Dive into the specifics of DATAGROUP here with our thorough dividend report.
• Upon reviewing our latest valuation report, DATAGROUP's share price might be too pessimistic.

Where To Now?

• Unlock our comprehensive list of 1829 Top Dividend Stocks by clicking here.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
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Searching for a Fresh Perspective?

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• 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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