As global markets show signs of optimism with cooling inflation and robust bank earnings propelling stocks higher, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In this environment, identifying strong dividend-paying companies can be particularly appealing, offering the dual benefits of income generation and potential capital appreciation amidst market fluctuations.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Tsubakimoto Chain (TSE:6371) | 4.27% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.90% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.68% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.54% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 7.48% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.44% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 3.45% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.65% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.82% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
Click here to see the full list of 1979 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Bank of Communications (SEHK:3328)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Bank of Communications Co., Ltd. offers commercial banking products and services in China, with a market cap of HK$515.78 billion.
Operations: Bank of Communications Co., Ltd. generates revenue through its commercial banking operations in China, focusing on a diverse range of financial products and services.
Dividend Yield: 6.4%
Bank of Communications offers a stable dividend profile, with payments consistently growing over the past decade and maintaining stability. The current payout ratio of 48.5% indicates dividends are well covered by earnings, with forecasts suggesting continued coverage in three years at 31.3%. Recently, an interim cash dividend was approved for distribution on January 24, 2025. Despite a lower yield compared to top-tier peers in Hong Kong, the stock trades at significant value below fair estimates.
- Take a closer look at Bank of Communications' potential here in our dividend report.
- In light of our recent valuation report, it seems possible that Bank of Communications is trading behind its estimated value.
China South Publishing & Media Group (SHSE:601098)
Simply Wall St Dividend Rating: ★★★★★★
Overview: China South Publishing & Media Group Co., Ltd operates in publishing, printing, distribution, media, and financing sectors in China with a market cap of CN¥24.43 billion.
Operations: China South Publishing & Media Group Co., Ltd generates revenue through its activities in publishing, printing, distribution, media, and financing within China.
Dividend Yield: 4%
China South Publishing & Media Group's dividends are well-supported by earnings and cash flows, with a payout ratio of 74.7% and a cash payout ratio of 29.9%. Over the past decade, dividend payments have been stable and growing, offering an attractive yield of 4.04%, placing it in the top tier within China. Despite recent declines in net income to ¥956.92 million for nine months ending September 2024, the stock trades significantly below its estimated fair value, suggesting good relative value among peers.
- Dive into the specifics of China South Publishing & Media Group here with our thorough dividend report.
- Our comprehensive valuation report raises the possibility that China South Publishing & Media Group is priced lower than what may be justified by its financials.
technotrans (XTRA:TTR1)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: technotrans SE is a global technology and services company with a market capitalization of €126.41 million.
Operations: technotrans SE generates its revenue from two main segments: Services, contributing €62.84 million, and Technology, accounting for €177.05 million.
Dividend Yield: 3.3%
technotrans SE's dividend payments have been volatile over the past decade, despite some growth. The current yield of 3.27% is below the top tier in Germany, but dividends are covered by earnings and cash flows with payout ratios of 57.1% and 42.9%, respectively. Recent earnings for nine months ending September 2024 show a decline in revenue to €175.53 million and net income to €4.55 million, yet the stock trades significantly below its estimated fair value.
- Click here and access our complete dividend analysis report to understand the dynamics of technotrans.
- The analysis detailed in our technotrans valuation report hints at an inflated share price compared to its estimated value.
Next Steps
- Discover the full array of 1979 Top Dividend Stocks right here.
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Ready To Venture Into Other Investment Styles?
- 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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About XTRA:TTR1
Flawless balance sheet with reasonable growth potential and pays a dividend.