3 Top Dividend Stocks Yielding Up To 7.1%

In the face of recent global market fluctuations, driven by tariff uncertainties and mixed economic signals, investors are increasingly seeking stability through dividend stocks. These stocks can offer a reliable income stream and potential for capital appreciation, making them appealing in times of market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.21%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.55%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.89%	★★★★★★
CAC Holdings (TSE:4725)	4.49%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.03%	★★★★★★
GakkyushaLtd (TSE:9769)	4.30%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.98%	★★★★★★
DoshishaLtd (TSE:7483)	3.87%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.47%	★★★★★★
Yamato Kogyo (TSE:5444)	3.85%	★★★★★★

Click here to see the full list of 1960 stocks from our Top Dividend Stocks screener.

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

Barco (ENXTBR:BAR)

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

Overview: Barco NV, along with its subsidiaries, develops visualization solutions for the entertainment, enterprise, and healthcare markets across the Americas, Europe, Middle East, Africa, and Asia-Pacific regions with a market cap of €854.81 million.

Operations: Barco NV's revenue segments are divided into Enterprise (€271.43 million), Healthcare (€269.53 million), and Entertainment (€422.79 million).

Dividend Yield: 4.3%

Barco's dividend, yielding 4.34%, is covered by both earnings and cash flows, with payout ratios of 77.8% and 54%, respectively. Over the past decade, dividends have been stable and reliable, though the yield is lower than Belgium's top tier. Trading at a significant discount to its estimated fair value suggests potential upside. Recent innovations like SmartFocus could bolster future growth prospects, aligning with forecasts of a 17.6% annual earnings increase.

• Click to explore a detailed breakdown of our findings in Barco's dividend report.
• In light of our recent valuation report, it seems possible that Barco is trading behind its estimated value.

Bénéteau (ENXTPA:BEN)

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

Overview: Bénéteau S.A. designs, manufactures, and sells boats and leisure homes in France and internationally, with a market cap of €701.55 million.

Operations: Bénéteau S.A. generates revenue primarily from its boat segment, which accounts for €1.21 billion.

Dividend Yield: 7.1%

Bénéteau offers a dividend yield of 7.13%, placing it among the top 25% in France. However, its dividends are not covered by free cash flows and have been volatile over the past decade, with significant annual drops. The payout ratio is reasonable at 65.8%, suggesting coverage by earnings, but declining earnings forecasts raise concerns about sustainability. Recent buyback plan expiration may impact future capital allocation strategies without immediate effect on dividend reliability or growth prospects.

• Click here and access our complete dividend analysis report to understand the dynamics of Bénéteau.
• According our valuation report, there's an indication that Bénéteau's share price might be on the cheaper side.

Cargotec (HLSE:CGCBV)

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

Overview: Cargotec Corporation offers cargo handling solutions and services across various regions including Finland, Europe, the Middle East, Africa, the United States, the rest of the Americas, China, and other Asia-Pacific countries with a market cap of €3.09 billion.

Operations: Cargotec Corporation's revenue is primarily derived from its Hiab segment, which contributes €1.69 billion, and its MacGregor segment, which accounts for €832.10 million.

Dividend Yield: 4.2%

Cargotec offers a stable dividend yield of 4.25%, supported by a low payout ratio of 41.4% and cash payout ratio of 28.1%, ensuring coverage by earnings and cash flows. While not among the top dividend payers in Finland, its dividends have been reliable and growing over the past decade with minimal volatility. The company is actively pursuing mergers and acquisitions, which may impact future capital allocation strategies but currently trades at a favorable price-to-earnings ratio of 9.7x compared to the Finnish market average.

• Take a closer look at Cargotec's potential here in our dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Cargotec shares in the market.

Taking Advantage

• Discover the full array of 1960 Top Dividend Stocks right here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Looking For Alternative Opportunities?

• 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