As global markets navigate a landscape marked by declining consumer confidence and persistent inflation, investors are increasingly seeking stability amid economic uncertainties. In this context, dividend stocks, known for their potential to provide consistent income streams, become particularly appealing as they can offer a cushion against market volatility while potentially delivering attractive yields.
Top 10 Dividend Stocks Globally
| Name | Dividend Yield | Dividend Rating |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.48% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.82% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 5.10% | ★★★★★★ |
| Daito Trust ConstructionLtd (TSE:1878) | 4.08% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.07% | ★★★★★★ |
| Intelligent Wave (TSE:4847) | 3.79% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.35% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.32% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.47% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.57% | ★★★★★★ |
Click here to see the full list of 1424 stocks from our Top Global Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Luyang Energy-Saving Materials (SZSE:002088)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Luyang Energy-Saving Materials Co., Ltd. is engaged in the research, development, production, and sale of energy-saving products such as ceramic fiber, alumina fiber, soluble fiber, basalt fiber, and insulating firebrick both in China and internationally with a market cap of CN¥6.45 billion.
Operations: Luyang Energy-Saving Materials Co., Ltd. generates its revenue through the production and sale of energy-efficient materials, including ceramic fiber, alumina fiber, soluble fiber, basalt fiber, and insulating firebrick.
Dividend Yield: 6.1%
Luyang Energy-Saving Materials offers a dividend yield of 6.08%, placing it in the top 25% of dividend payers in China. However, the high cash payout ratio of 123.7% indicates dividends are not well covered by free cash flows, raising sustainability concerns. Despite a decade-long increase in dividends, payments have been volatile and unreliable due to significant annual drops exceeding 20%. The stock trades at a favorable P/E ratio of 14.4x compared to the market average.
- Take a closer look at Luyang Energy-Saving Materials' potential here in our dividend report.
- Our comprehensive valuation report raises the possibility that Luyang Energy-Saving Materials is priced lower than what may be justified by its financials.
Sumitomo Riko (TSE:5191)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sumitomo Riko Company Limited manufactures and sells automotive parts, with a market cap of ¥173.80 billion.
Operations: Sumitomo Riko Company Limited's revenue primarily comes from its Automobile Supplies segment, generating ¥572.90 billion, followed by General Industrial Supplies at ¥76.63 billion.
Dividend Yield: 3.4%
Sumitomo Riko's dividend yield of 3.38% is below the top 25% in Japan, and its payments have been unreliable and volatile over the past decade. However, dividends are well covered by earnings and cash flows with low payout ratios of 19.7% and 19%, respectively. Despite a highly volatile share price recently, earnings grew by 21.4% last year, supporting potential future dividend stability as the stock trades at a discount to estimated fair value.
- Unlock comprehensive insights into our analysis of Sumitomo Riko stock in this dividend report.
- Our valuation report here indicates Sumitomo Riko may be undervalued.
Yutaka GikenLtd (TSE:7229)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Yutaka Giken Co., Ltd. manufactures and sells automobile parts in Japan, North America, China, Asia, and internationally with a market cap of ¥31.21 billion.
Operations: Yutaka Giken Co., Ltd.'s revenue segments are comprised of ¥36.29 billion from Asia, ¥50.46 billion from China, ¥42.51 billion from Japan, and ¥70.50 billion from North America.
Dividend Yield: 3.3%
Yutaka Giken's dividend yield of 3.26% is lower than the top quartile in Japan, and its dividends have shown volatility over the past decade. However, with a payout ratio of 21.7% and a cash payout ratio of 24.8%, dividends are well covered by earnings and cash flows, suggesting sustainability despite an unstable track record. The stock's price-to-earnings ratio of 5.6x indicates it trades below the market average, potentially offering value to investors seeking discounted opportunities.
- Get an in-depth perspective on Yutaka GikenLtd's performance by reading our dividend report here.
- The analysis detailed in our Yutaka GikenLtd valuation report hints at an inflated share price compared to its estimated value.
Next Steps
- Discover the full array of 1424 Top Global Dividend Stocks right here.
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Contemplating Other Strategies?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Yutaka GikenLtd might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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