Stock Analysis

Top Three Dividend Stocks To Consider

Published

As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 Index reaching record highs, investors are navigating a landscape influenced by domestic policy shifts and geopolitical developments. In this context, dividend stocks can offer stability and income potential, making them an attractive option for those looking to balance growth with steady returns in a dynamic market environment.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)7.01%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.53%★★★★★★
Tsubakimoto Chain (TSE:6371)4.27%★★★★★★
GakkyushaLtd (TSE:9769)4.63%★★★★★★
Padma Oil (DSE:PADMAOIL)7.08%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.46%★★★★★★
Nihon Parkerizing (TSE:4095)3.92%★★★★★★
Premier Financial (NasdaqGS:PFC)4.44%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.44%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.89%★★★★★★

Click here to see the full list of 1967 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Kemira Oyj (HLSE:KEMIRA)

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

Overview: Kemira Oyj is a chemicals company operating in Finland and internationally across Europe, the Middle East, Africa, the Americas, and the Asia Pacific with a market cap of €2.97 billion.

Operations: Kemira Oyj generates its revenue from two primary segments: Pulp & Paper, which contributes €1.65 billion, and Industry & Water, which adds €1.38 billion.

Dividend Yield: 3.5%

Kemira Oyj maintains a stable dividend history, with payments increasing over the past decade and a current payout ratio of 61.1% supported by earnings and cash flow. Despite recent declines in sales and net income, the company continues to offer a reliable dividend yield of 3.53%, though below top Finnish market payers. Trading at 38.9% below estimated fair value, Kemira's dividends remain well-covered, suggesting sustainability amidst fluctuating profit margins.

HLSE:KEMIRA Dividend History as at Dec 2024

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 HK$880.87 billion.

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

Dividend Yield: 7.7%

CNOOC's dividend payments are covered by earnings, with a payout ratio of 41.7%, and cash flows, with a cash payout ratio of 55.4%. Despite past volatility in dividends, recent earnings growth and strong financial performance support current distributions. However, the dividend yield of 7.66% is below top-tier Hong Kong payers. Recent leadership changes may influence strategic direction but don't immediately impact dividend sustainability or coverage given the company's robust earnings profile.

SEHK:883 Dividend History as at Dec 2024

Getac Holdings (TWSE:3005)

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

Overview: Getac Holdings Corporation, along with its subsidiaries, is engaged in the research, development, manufacturing, and sale of notebook computers and related products across China, the United States, Europe, and other international markets; it has a market cap of NT$64.90 billion.

Operations: Getac Holdings Corporation generates revenue from several segments, including NT$13.61 billion from Machine Parts, NT$18.43 billion from Electronic Parts, and NT$3.43 billion from Aerospace Fasteners.

Dividend Yield: 4.7%

Getac Holdings' dividends are covered by earnings, with a payout ratio of 71.8%, and cash flows, with a cash payout ratio of 70.9%. Despite historical volatility in dividend payments, recent earnings growth supports current distributions. The dividend yield is among the top 25% in Taiwan's market. Recent strategic partnerships and financial services initiatives may enhance revenue streams but have not directly impacted dividend stability or sustainability at this time.

TWSE:3005 Dividend History as at Dec 2024

Next Steps

  • Explore the 1967 names from our Top Dividend Stocks screener here.
  • Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
  • Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Want To Explore Some Alternatives?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com