Top Dividend Stocks To Enhance Your Portfolio

As global markets navigate a complex landscape marked by fluctuating interest rates and geopolitical tensions, investors are keenly observing the impact of AI competition and corporate earnings on stock performance. Amidst this backdrop, dividend stocks remain an attractive option for those seeking stability and income in their portfolios. A good dividend stock typically offers consistent payouts and has a strong financial foundation, making it a valuable asset during periods of market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	5.97%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.98%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.01%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.33%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.66%	★★★★★★
GakkyushaLtd (TSE:9769)	4.46%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.41%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.46%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.95%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.56%	★★★★★★

Click here to see the full list of 1972 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Eiffage (ENXTPA:FGR)

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

Overview: Eiffage SA operates in construction, property and urban development, civil engineering, metallic construction, roads, energy systems, and concessions across France, Europe, and internationally with a market cap of €8.23 billion.

Operations: Eiffage's revenue segments include Concessions (€4.04 billion), Construction (€4.01 billion), Energy Systems (€6.49 billion), and Infrastructures (€8.78 billion).

Dividend Yield: 4.6%

Eiffage's dividend yield of 4.64% is below the top quartile in France, but its dividends are well-covered by both earnings and cash flows, with payout ratios of 38.6% and 16.4%, respectively. Despite a volatile dividend history, payments have grown over the past decade. The stock trades at good value compared to peers, though it carries high debt levels. Recent presentations at the CIC Market Solutions Forum may influence investor sentiment.

• Click here to discover the nuances of Eiffage with our detailed analytical dividend report.
• The analysis detailed in our Eiffage valuation report hints at an deflated share price compared to its estimated value.

Tsingtao Brewery (SEHK:168)

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

Overview: Tsingtao Brewery Company Limited, along with its subsidiaries, is involved in the production, distribution, wholesale, and retail sale of beer products across Mainland China, Hong Kong, Macau, and internationally with a market cap of approximately HK$85.05 billion.

Operations: Tsingtao Brewery's revenue is primarily derived from the production and sale of beer products across various regions, including Mainland China, Hong Kong, Macau, and international markets.

Dividend Yield: 4.4%

Tsingtao Brewery's dividend yield of 4.39% is low compared to the top quartile in Hong Kong, and its dividends are not well-covered by cash flows, with a high cash payout ratio of 150.9%. However, dividends have been stable and growing over the past decade with a reasonable payout ratio of 62.6%. The stock trades at good value relative to peers and industry. Recent leadership changes are not expected to impact its strategic direction or operations significantly.

• Click to explore a detailed breakdown of our findings in Tsingtao Brewery's dividend report.
• Upon reviewing our latest valuation report, Tsingtao Brewery's share price might be too pessimistic.

Nishoku Technology (TWSE:3679)

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

Overview: Nishoku Technology Inc. designs and manufactures plastic injection molds across Taiwan, other parts of Asia, the United States, Europe, and internationally with a market cap of NT$9.36 billion.

Operations: Nishoku Technology Inc. generates revenue primarily from the provision of electronic components and related products, amounting to NT$4.03 billion.

Dividend Yield: 5.1%

Nishoku Technology's dividend yield of 5.05% is among the top quartile in Taiwan, yet its dividends are not well-supported by cash flows, indicated by a high cash payout ratio of 138.1%. Although the payout ratio of 82.6% suggests coverage by earnings, dividend payments have been volatile over the past decade. Despite this volatility, dividends have grown over ten years. The stock offers good value with a price-to-earnings ratio below the market average.

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

Turning Ideas Into Actions

• Dive into all 1972 of the Top Dividend Stocks we have identified here.
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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.

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