3 Must-Consider Dividend Stocks Yielding Up To 8.3%

As global markets experience broad-based gains with U.S. indexes nearing record highs, investors are navigating a landscape marked by geopolitical tensions and economic policy uncertainties. Amidst this backdrop, dividend stocks have emerged as attractive options for those seeking steady income streams, particularly given the current focus on interest rate movements and economic stability. In evaluating dividend stocks, factors such as yield consistency, company financial health, and sector resilience become crucial in making informed investment decisions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.34%	★★★★★★
CAC Holdings (TSE:4725)	4.55%	★★★★★★
GakkyushaLtd (TSE:9769)	4.55%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.38%	★★★★★★
E J Holdings (TSE:2153)	3.87%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.49%	★★★★★★
James Latham (AIM:LTHM)	6.10%	★★★★★★
DoshishaLtd (TSE:7483)	3.86%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.93%	★★★★★★

Click here to see the full list of 1982 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

TF1 (ENXTPA:TFI)

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

Overview: TF1 SA operates in the broadcasting, studios and entertainment, and digital sectors both in France and internationally, with a market cap of €1.52 billion.

Operations: TF1 SA's revenue is primarily derived from its Media segment, including digital, which accounts for €2.02 billion, complemented by Newen Studios contributing €385.70 million.

Dividend Yield: 7.5%

TF1's dividend payments are covered by both earnings and cash flows, with payout ratios of 58.7% and 56.6%, respectively, suggesting sustainability despite a historically volatile track record. The company trades at good value compared to peers and has a high dividend yield in the French market. However, TF1's dividends have been unreliable over the past decade with no growth in payments, which may concern investors seeking stable income streams. Recent earnings show improved net income despite lower sales.

• Take a closer look at TF1's potential here in our dividend report.
• The valuation report we've compiled suggests that TF1's current price could be quite moderate.

Avanza Bank Holding (OM:AZA)

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

Overview: Avanza Bank Holding AB (publ) operates in Sweden, providing savings, pension, and mortgage products through its subsidiaries, with a market cap of SEK34.51 billion.

Operations: Avanza Bank Holding AB's revenue from commercial operations amounts to SEK4.09 billion.

Dividend Yield: 5.1%

Avanza Bank Holding's dividend payments are covered by earnings and cash flows, with payout ratios of 84.9% and 33%, respectively, indicating sustainability despite past volatility. The stock trades below its estimated fair value and offers a high dividend yield in the Swedish market. However, the dividends have been unstable over the last decade, which may concern income-focused investors. Recent earnings show increased net income year-over-year, supporting its current payout strategy.

• Dive into the specifics of Avanza Bank Holding here with our thorough dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Avanza Bank Holding shares in the market.

Financial Street Property (SEHK:1502)

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

Overview: Financial Street Property Co., Limited, along with its subsidiaries, offers property management and related services in the People’s Republic of China, with a market cap of HK$829.17 million.

Operations: Financial Street Property Co., Limited generates CN¥1.62 billion from its property management and related services segment in the People’s Republic of China.

Dividend Yield: 8.4%

Financial Street Property's dividend is covered by earnings and cash flows, with payout ratios of 53.6% and 34%, respectively, indicating sustainability. Despite trading significantly below estimated fair value and offering a competitive yield in Hong Kong, dividends have been volatile over the past four years. Recent earnings show increased sales to CNY 813.69 million but a decline in net income to CNY 63.47 million, which may impact future payouts amidst recent board changes.

• Click here to discover the nuances of Financial Street Property with our detailed analytical dividend report.
• Our valuation report unveils the possibility Financial Street Property's shares may be trading at a discount.

Where To Now?

• Get an in-depth perspective on all 1982 Top Dividend Stocks by using our screener here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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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