National Aluminium And 2 Other Top Dividend Stocks To Enhance Your Portfolio

As global markets navigate the uncertainties surrounding the incoming Trump administration's policies, investors are closely watching sector performances, with financials and energy gaining from deregulation hopes while healthcare faces challenges. Amid these fluctuations, dividend stocks like National Aluminium can offer stability and income potential for portfolios, providing a reliable stream of returns even in volatile market conditions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.60%	★★★★★★
Allianz (XTRA:ALV)	4.84%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.79%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.55%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.82%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.49%	★★★★★★
James Latham (AIM:LTHM)	5.99%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.65%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.51%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.93%	★★★★★★

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

National Aluminium (NSEI:NATIONALUM)

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

Overview: National Aluminium Company Limited manufactures and sells alumina and aluminum products both in India and internationally, with a market cap of ₹441.36 billion.

Operations: National Aluminium Company Limited generates revenue primarily from its Chemical segment at ₹55.57 billion and its Aluminium segment at ₹100.37 billion.

Dividend Yield: 3.2%

National Aluminium recently declared an interim dividend of INR 4 per share, reflecting a robust financial performance with net income significantly rising to INR 10.46 billion. The company's dividend yield is among the top 25% in the Indian market, supported by a payout ratio of 47.4%, indicating dividends are well-covered by earnings and cash flows. However, its dividend history has been volatile over the past decade, raising concerns about sustainability despite current growth prospects.

• Unlock comprehensive insights into our analysis of National Aluminium stock in this dividend report.
• The analysis detailed in our National Aluminium valuation report hints at an deflated share price compared to its estimated value.

SuzukiLtd (TSE:6785)

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

Overview: Suzuki Co., Ltd. manufactures and sells connectors for car electronics parts in Japan, with a market cap of ¥26.05 billion.

Operations: Suzuki Co., Ltd. generates its revenue primarily from the manufacturing and sale of connectors for automotive electronic components in Japan.

Dividend Yield: 4.3%

Suzuki Ltd. offers a compelling dividend profile, trading at 60.6% below its estimated fair value and providing a high yield of 4.31%, placing it in the top 25% of Japanese dividend payers. With stable dividends over the past decade, payouts are well-supported by earnings (payout ratio: 26.4%) and cash flows (cash payout ratio: 40.2%). Recent inclusion in the S&P Global BMI Index may enhance investor interest further supporting its appeal as a dividend stock.

• Delve into the full analysis dividend report here for a deeper understanding of SuzukiLtd.
• Our expertly prepared valuation report SuzukiLtd implies its share price may be lower than expected.

Laster Tech (TWSE:3346)

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

Overview: Laster Tech Co., Ltd. manufactures and sells LED chips and components in Taiwan, China, and Thailand with a market cap of NT$4.31 billion.

Operations: Laster Tech Co., Ltd. generates its revenue primarily through the production and distribution of LED chips and components across Taiwan, China, and Thailand.

Dividend Yield: 3.9%

Laster Tech's dividend profile is mixed, with a low yield of 3.93% compared to the top 25% in the TW market. Despite this, dividends are well-covered by earnings (payout ratio: 55.5%) and cash flows (cash payout ratio: 27%). However, its dividend track record is volatile and unreliable over the past decade. Trading at a favorable P/E ratio of 14.2x versus the TW market average, it offers good relative value despite recent earnings declines.

• Get an in-depth perspective on Laster Tech's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Laster Tech's current price could be quite moderate.

Where To Now?

• Get an in-depth perspective on all 1970 Top Dividend Stocks by using our screener here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Interested In Other Possibilities?

• 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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