Stock Analysis

Top Dividend Stocks To Consider For Steady Income

TSE:7888
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In the face of a resilient U.S. labor market and persistent inflation concerns, global markets have experienced volatility, with U.S. equities recently seeing declines amid political uncertainty and economic data releases. As investors navigate these choppy waters, dividend stocks can offer a measure of stability by providing steady income through regular payouts, making them an attractive option in uncertain times.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)5.07%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)6.45%★★★★★★
MISC Berhad (KLSE:MISC)5.10%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.15%★★★★★★
Nihon Parkerizing (TSE:4095)4.03%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.62%★★★★★★
FALCO HOLDINGS (TSE:4671)6.56%★★★★★★
Premier Financial (NasdaqGS:PFC)4.91%★★★★★★
E J Holdings (TSE:2153)4.08%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.89%★★★★★★

Click here to see the full list of 2003 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Banco Bilbao Vizcaya Argentaria (BME:BBVA)

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

Overview: Banco Bilbao Vizcaya Argentaria, S.A. offers retail banking, wholesale banking, and asset management services across the United States, Spain, Mexico, Turkey, South America, and other international markets with a market cap of €55.81 billion.

Operations: Banco Bilbao Vizcaya Argentaria, S.A.'s revenue segments include €14.90 billion from Mexico, €3.26 billion from Turkey, €4.43 billion from South America, and €9.06 billion from Spain (including non-core real estate).

Dividend Yield: 6.5%

Banco Bilbao Vizcaya Argentaria has a volatile dividend history over the past decade, with payments occasionally dropping by over 20%. However, its current payout ratio of 42.2% suggests dividends are well-covered by earnings and expected to remain sustainable. Despite a high level of bad loans at 3.4%, BBVA's recent earnings growth and trading value below estimated fair value offer potential appeal for dividend investors. Recent fixed-income offerings may impact future financial flexibility.

BME:BBVA Dividend History as at Jan 2025
BME:BBVA Dividend History as at Jan 2025

StarragTornos Group (SWX:STGN)

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

Overview: StarragTornos Group AG specializes in the development, manufacturing, and distribution of precision machine tools for milling, turning, boring, grinding, and machining various materials such as metal, composites, and ceramics; it has a market cap of CHF216.36 million.

Operations: StarragTornos Group AG generates revenue through its precision machine tools designed for the machining of metal, composite materials, and ceramics.

Dividend Yield: 6.3%

StarragTornos Group offers a high dividend yield of 6.28%, ranking in the top quartile of Swiss dividend payers, yet this is not supported by free cash flow, raising concerns about sustainability. Despite a reasonable payout ratio of 62.7% covered by earnings, the dividends have been volatile and unreliable over the past decade. Analysts see potential for stock price appreciation, as it trades significantly below estimated fair value, but volatility remains a risk factor.

SWX:STGN Dividend History as at Jan 2025
SWX:STGN Dividend History as at Jan 2025

Sanko Gosei (TSE:7888)

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

Overview: Sanko Gosei Ltd. specializes in the molding and sale of plastic parts both in Japan and internationally, with a market cap of ¥19.91 billion.

Operations: Sanko Gosei Ltd. generates revenue through its operations in the molding and sale of plastic components across domestic and international markets.

Dividend Yield: 3.1%

Sanko Gosei's dividends are well-covered by earnings and cash flows, with a low payout ratio of 9.5% and cash payout ratio of 26.5%. Despite trading significantly below estimated fair value, its dividend yield of 3.06% is lower than the top quartile in Japan. The company has a volatile dividend history over the past decade, though payments have increased during this period, indicating some growth potential despite an unstable track record.

TSE:7888 Dividend History as at Jan 2025
TSE:7888 Dividend History as at Jan 2025

Taking Advantage

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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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