Three Top Dividend Stocks To Consider

As global markets experience a resurgence, driven by easing core inflation and robust bank earnings in the U.S., investors are keenly observing opportunities within value stocks, particularly those in sectors like energy and financials. In this context of market optimism and potential rate adjustments, dividend stocks emerge as attractive options for investors seeking stable income streams amidst fluctuating economic conditions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.11%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.32%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.48%	★★★★★★
CAC Holdings (TSE:4725)	4.68%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.49%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.13%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.47%	★★★★★★
Nihon Parkerizing (TSE:4095)	4.03%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.93%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.89%	★★★★★★

Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.

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

United Bankers Oyj (HLSE:UNITED)

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

Overview: United Bankers Oyj offers investment products and services in Finland with a market cap of €201.13 million.

Operations: United Bankers Oyj's revenue segments include Wealth Management, which generated €56.90 million, and Capital Market Services, contributing €1.38 million.

Dividend Yield: 5.4%

United Bankers Oyj offers a dividend yield of 5.43%, which is below the Finnish market's top quartile. Despite a reasonable payout ratio of 59.1% and good coverage by cash flows (41.1%), its dividend history is unstable, with volatility over the past decade. Earnings have grown significantly in recent years but are expected to decline by 3.4% annually for the next three years, while revenue is forecasted to grow modestly at 3.44%. Recent removal from the OMX Nordic Small Cap Index might impact investor sentiment.

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

Menora Mivtachim Holdings (TASE:MMHD)

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

Overview: Menora Mivtachim Holdings Ltd, with a market cap of ₪10.22 billion, operates in the insurance and finance sectors in Israel through its subsidiaries.

Operations: Menora Mivtachim Holdings Ltd generates revenue from several segments, including Life Insurance and Long Term Savings - Life Insurance (₪6.25 billion), Health Insurance (₪2.28 billion), General Insurance - Automobile Property Insurance (₪1.82 billion), General Insurance - Compulsory Vehicle Insurance (₪928.10 million), Life Insurance and Long Term Savings - Provident (₪615.33 million), General Insurance - Property Divisions and Others (₪423.34 million), Life Insurance and Long Term Savings - Pension (₪756.46 million), and General Insurance - Other Liabilities Divisions (₪315.40 million).

Dividend Yield: 4.5%

Menora Mivtachim Holdings' dividend payments are covered by earnings and cash flows, with payout ratios of 50.8% and 43.6%, respectively, indicating sustainability. However, its dividend history is volatile despite a decade of growth in payments. The recent earnings report shows increased revenue to ILS 10.65 billion for the nine months ended September 2024, but net income variability suggests potential challenges in maintaining consistent dividends long-term. The stock trades below estimated fair value but offers a lower yield than top IL market payers.

• Take a closer look at Menora Mivtachim Holdings' potential here in our dividend report.
• Our comprehensive valuation report raises the possibility that Menora Mivtachim Holdings is priced higher than what may be justified by its financials.

TOLI (TSE:7971)

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

Overview: TOLI Corporation is engaged in the manufacturing and sale of floor coverings, wallpapers, drapes, and related installation accessories both in Japan and internationally with a market cap of ¥27.88 billion.

Operations: TOLI Corporation generates revenue from its Product Business, amounting to ¥62.84 billion, and its Interior Wholesale and Construction Business, totaling ¥67.10 billion.

Dividend Yield: 4%

TOLI Corporation's dividend yield of 4.03% ranks it among the top 25% in Japan, with a stable and growing dividend history over the past decade. However, dividends are not covered by free cash flows, raising sustainability concerns despite a low payout ratio of 35.5%. The recent share buyback program aims to enhance capital efficiency amid volatile share prices. TOLI's price-to-earnings ratio is attractively lower than the market average, suggesting potential value for investors seeking dividends.

• Click to explore a detailed breakdown of our findings in TOLI's dividend report.
• Upon reviewing our latest valuation report, TOLI's share price might be too optimistic.

Taking Advantage

• Explore the 1981 names from our Top Dividend Stocks screener here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Want To Explore Some Alternatives?

• 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.

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