Stock Analysis

Bouvet And 2 Reliable Dividend Stocks To Enhance Your Portfolio

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As global markets navigate a mixed start to the new year, with major indices reflecting both gains and challenges, investors continue to seek stability amid economic fluctuations. In this environment, dividend stocks can offer a reliable income stream and potential for growth, making them an attractive option for those looking to enhance their portfolios.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)5.13%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.57%★★★★★★
Tsubakimoto Chain (TSE:6371)4.29%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)6.49%★★★★★★
CAC Holdings (TSE:4725)4.72%★★★★★★
Southside Bancshares (NYSE:SBSI)4.68%★★★★★★
Nihon Parkerizing (TSE:4095)3.95%★★★★★★
Premier Financial (NasdaqGS:PFC)5.02%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.01%★★★★★★
DoshishaLtd (TSE:7483)3.79%★★★★★★

Click here to see the full list of 2014 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Bouvet (OB:BOUV)

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

Overview: Bouvet ASA offers IT and digital communication consultancy services to public and private sector companies in Norway, Sweden, and internationally, with a market cap of NOK7.99 billion.

Operations: Bouvet ASA generates revenue primarily from IT Consultancy Services, amounting to NOK3.87 billion.

Dividend Yield: 3.3%

Bouvet's dividend payments have shown consistent growth and stability over the past decade, supported by a modest cash payout ratio of 41.7%, indicating strong coverage by cash flows. With a payout ratio of 71.3%, dividends are also well-covered by earnings. Despite a lower yield of 3.34% compared to top Norwegian dividend payers, Bouvet remains reliable in its payouts, recently increasing its dividend with an additional NOK 1 per share for FY2023.

OB:BOUV Dividend History as at Jan 2025

CMC (TSE:2185)

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

Overview: CMC Corporation, along with its subsidiaries, offers services in manual creation, business process management, training, translation, and interpretation in Japan and has a market cap of ¥19.96 billion.

Operations: CMC Corporation's revenue segments include manual creation, business process management, training, translation, and interpretation services in Japan.

Dividend Yield: 3.5%

CMC's dividend yield of 3.46% is lower than the top tier in Japan, and while dividends have grown over a decade with stability, they are not covered by free cash flows. The payout ratio of 28.1% suggests earnings coverage is strong despite high non-cash earnings. Recent share buybacks aim to enhance shareholder returns, but the company has reduced its fiscal year dividend guidance to ¥28 per share from ¥44 for the previous year.

TSE:2185 Dividend History as at Jan 2025

Kyocera (TSE:6971)

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

Overview: Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies across Japan, the rest of Asia, Europe, the United States, and internationally with a market cap of approximately ¥2.25 trillion.

Operations: Kyocera's revenue segments include Electronic Components Business at ¥358.44 billion, Solutions Business - Machine Tools at ¥311.93 billion, Solutions Business - Communications Unit at ¥224.84 billion, Solutions Business - Document Solutions Unit at ¥471.49 billion, Core Components Business - Semiconductor Components Unit at ¥307.47 billion, and Core Components Business - Industrial & Automotive Components Unit at ¥229.27 billion.

Dividend Yield: 3.1%

Kyocera's dividend yield of 3.13% is below the top tier in Japan, with a history of volatility over the past decade. The dividends are covered by earnings and cash flows, with payout ratios at 87.3% and 65.4%, respectively, but their sustainability remains uncertain due to an unstable track record. Despite recent innovations showcased at CES 2025 and expansion plans for lithium-ion battery production, financial guidance has been lowered amid demand challenges in key business areas.

TSE:6971 Dividend History as at Jan 2025

Taking Advantage

Interested In Other Possibilities?

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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