3 Dividend Stocks Offering Up To 5.8% Yield

In a week marked by volatility and competitive pressures in the technology sector, global markets have shown mixed performance, with U.S. stocks experiencing notable fluctuations due to AI competition fears and corporate earnings reports. Amidst these dynamics, dividend stocks continue to attract investors seeking stable income streams, as they can offer potential resilience against market uncertainties and economic shifts.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.29%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	4.09%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.55%	★★★★★★
CAC Holdings (TSE:4725)	4.47%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.08%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.43%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.45%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.96%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.66%	★★★★★★
Yamato Kogyo (TSE:5444)	3.88%	★★★★★★

Click here to see the full list of 1955 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

TotalEnergies (ENXTPA:TTE)

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

Overview: TotalEnergies SE is a multi-energy company involved in the production and marketing of oil, biofuels, natural gas, green gases, renewables, and electricity across various regions including France, Europe, North America, Africa, and internationally with a market cap of €131.76 billion.

Operations: TotalEnergies SE generates revenue through its diverse operations in oil and biofuels, natural gas, green gases, renewables, and electricity across multiple regions worldwide.

Dividend Yield: 5.8%

TotalEnergies SE has announced a proposed dividend increase of 7% for fiscal year 2024, aligning with its previous year's growth. Despite a decline in earnings, the company's payout ratios remain sustainable with both earnings and cash flows covering dividends at approximately 50%. However, TotalEnergies has faced volatility in its dividend history. Recent strategic expansions and acquisitions could bolster future performance, potentially stabilizing dividends further.

• Unlock comprehensive insights into our analysis of TotalEnergies stock in this dividend report.
• Our valuation report here indicates TotalEnergies may be undervalued.

Banque Saudi Fransi (SASE:1050)

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

Overview: Banque Saudi Fransi offers banking and financial services to individuals and businesses both within the Kingdom of Saudi Arabia and internationally, with a market capitalization of SAR41.49 billion.

Operations: Banque Saudi Fransi's revenue segments include banking and financial services for individuals and businesses in Saudi Arabia and internationally.

Dividend Yield: 5.8%

Banque Saudi Fransi's dividend yield of 5.77% ranks in the top 25% of the Saudi Arabian market, supported by a manageable payout ratio currently at 59.7%. Despite past volatility and an unreliable dividend track record over the last decade, dividends are projected to be well-covered by earnings in three years with a forecasted payout ratio of 49.3%. Recent earnings growth and a low price-to-earnings ratio suggest potential value for investors focused on dividends.

• Get an in-depth perspective on Banque Saudi Fransi's performance by reading our dividend report here.
• Our valuation report here indicates Banque Saudi Fransi may be overvalued.

Erste Group Bank (WBAG:EBS)

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

Overview: Erste Group Bank AG offers a variety of banking and financial services to retail, corporate, and public sector clients, with a market cap of €26.08 billion.

Operations: Erste Group Bank AG's revenue is derived from several segments, including Retail (€4.68 billion), Corporates (€2.35 billion), Group Markets (€662 million), and Savings Banks (€2.33 billion).

Dividend Yield: 4.3%

Erste Group Bank's dividend yield of 4.25% is below the top quartile in Austria, with a payout ratio of 36.5%, indicating dividends are well-covered by earnings. Despite a decade of volatile and unreliable dividend payments, future payouts remain sustainable with forecasts suggesting coverage at 47.5%. Recent fixed-income offerings totaling over €1 billion may impact financial flexibility but provide stability through secured bonds, potentially benefiting long-term dividend sustainability despite projected earnings decline.

• Delve into the full analysis dividend report here for a deeper understanding of Erste Group Bank.
• In light of our recent valuation report, it seems possible that Erste Group Bank is trading behind its estimated value.

Make It Happen

• Explore the 1955 names from our Top Dividend Stocks screener here.
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Curious About Other Options?

• 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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