3 Dividend Stocks Offering Yields Up To 7.0%

As global markets navigate a mix of rising treasury yields, fluctuating consumer confidence, and varied economic signals across regions, investors continue to seek stability amid uncertainty. In this environment, dividend stocks offering attractive yields can provide a steady income stream while potentially mitigating some market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
CAC Holdings (TSE:4725)	4.84%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.71%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.45%	★★★★★★
GakkyushaLtd (TSE:9769)	4.38%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.83%	★★★★★★
E J Holdings (TSE:2153)	3.82%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.15%	★★★★★★

Click here to see the full list of 1973 stocks from our Top Dividend Stocks screener.

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

CNOOC (SEHK:883)

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

Overview: CNOOC Limited is an investment holding company involved in the exploration, development, production, and sale of crude oil and natural gas in China, Canada, and internationally, with a market cap of approximately HK$932.91 billion.

Operations: CNOOC Limited generates revenue primarily through its activities in the exploration, development, production, and sale of crude oil and natural gas across various regions including China and Canada.

Dividend Yield: 7.1%

CNOOC's dividend payments are well covered by earnings and cash flows, with a payout ratio of 41.7% and a cash payout ratio of 55.4%. Despite trading at 62.6% below its estimated fair value, the dividend yield of 7.07% is lower than the top tier in Hong Kong. Recent earnings showed growth, but dividends have been volatile over the past decade, raising concerns about their reliability despite an overall increase in payouts during this period.

• Click here and access our complete dividend analysis report to understand the dynamics of CNOOC.
• Upon reviewing our latest valuation report, CNOOC's share price might be too pessimistic.

Nonthavej Hospital (SET:NTV)

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

Overview: Nonthavej Hospital Public Company Limited operates as a hospital in Thailand with a market cap of THB4.84 billion.

Operations: Nonthavej Hospital Public Company Limited generates revenue from its medical treatment services, totaling THB2.54 billion.

Dividend Yield: 4.8%

Nonthavej Hospital's dividends are reasonably covered by earnings and cash flows, with payout ratios of 60.2% and 63.3%, respectively. However, the dividend track record is unstable, with past volatility exceeding a 20% annual drop despite overall growth over ten years. Trading at 24% below estimated fair value, its dividend yield of 4.79% remains low compared to Thailand's top tier payers. Recent earnings showed modest growth in revenue and net income for Q3 2024.

• Unlock comprehensive insights into our analysis of Nonthavej Hospital stock in this dividend report.
• Our comprehensive valuation report raises the possibility that Nonthavej Hospital is priced lower than what may be justified by its financials.

Zhongjin GoldLtd (SHSE:600489)

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

Overview: Zhongjin Gold Corp., Ltd is involved in the mining, smelting, and sale of non-ferrous metals in China with a market cap of CN¥59.62 billion.

Operations: Zhongjin Gold Corp., Ltd generates its revenue primarily through the mining, smelting, and sale of non-ferrous metals in China.

Dividend Yield: 3.3%

Zhongjin Gold Ltd.'s dividend yield of 3.26% ranks it among the top 25% in China's market, though its dividend history has been volatile over the past decade. Despite this instability, dividends are well-covered by earnings and cash flows, with payout ratios of 55.2% and 46.4%, respectively. The stock trades at a significant discount to estimated fair value, while recent earnings reports indicate strong growth in net income from CNY 2.07 billion to CNY 2.64 billion year-over-year for September-end results.

• Get an in-depth perspective on Zhongjin GoldLtd's performance by reading our dividend report here.
• Our valuation report here indicates Zhongjin GoldLtd may be undervalued.

Where To Now?

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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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