Megaworld And 2 Other Dividend Stocks To Boost Your Income

In the midst of global market fluctuations, driven by uncertainties surrounding the incoming U.S. administration's policies and rising long-term interest rates, investors are seeking stability and income in their portfolios. Dividend stocks can offer a reliable income stream, making them an attractive option for those looking to navigate these turbulent times while potentially benefiting from steady returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.52%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.68%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.13%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.25%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.74%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.47%	★★★★★★
Petrol d.d (LJSE:PETG)	5.83%	★★★★★★
E J Holdings (TSE:2153)	3.84%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.55%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.43%	★★★★★★

Click here to see the full list of 1962 stocks from our Top Dividend Stocks screener.

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

Megaworld (PSE:MEG)

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

Overview: Megaworld Corporation, along with its subsidiaries, focuses on the development, sale, and leasing of real estate properties in the Philippines and has a market cap of approximately ₱70.65 billion.

Operations: Megaworld Corporation generates revenue through its real estate operations, with ₱51.52 billion from the sale of real estate goods, ₱19.96 billion from rental services, and ₱4.80 billion from hotel operations.

Dividend Yield: 3.8%

Megaworld's dividend reliability is mixed, with a volatile track record over the past decade despite recent growth. Its low payout ratio of 13.5% suggests dividends are well-covered by earnings, and a cash payout ratio of 52.1% indicates reasonable coverage by cash flows. However, its dividend yield of 3.77% lags behind top Philippine payers at 6.55%. Recent earnings show solid growth in revenue and net income, potentially supporting future dividend stability amidst ongoing business expansions like The Bellagio Palawan project.

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

KOMATSU MATERELtd (TSE:3580)

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

Overview: KOMATSU MATERE Co., Ltd. manufactures and sells various fabrics in Japan and internationally, with a market cap of ¥31.48 billion.

Operations: KOMATSU MATERE Co., Ltd. generates revenue primarily from its Textile Business, which accounts for ¥37.61 billion.

Dividend Yield: 3.1%

KOMATSU MATERE Ltd.'s dividend outlook is mixed. While dividends are well-covered by earnings (payout ratio of 15.5%) and cash flows (cash payout ratio of 47.8%), the company has a volatile dividend history over the past decade. Its current yield of 3.05% is below Japan's top-tier payers at 3.8%. A recent share buyback program aims to enhance shareholder returns, potentially impacting future dividend stability positively amidst its strategic capital adjustments.

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

Asia Pile Holdings (TSE:5288)

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

Overview: Asia Pile Holdings Corporation operates in the foundation construction industry through its subsidiaries in Japan and Vietnam, with a market capitalization of ¥29.71 billion.

Operations: Asia Pile Holdings Corporation generates revenue from its Domestic Business segment amounting to ¥81.60 billion and its Foreign Operation segment contributing ¥17.96 billion.

Dividend Yield: 5.8%

Asia Pile Holdings offers a dividend yield of 5.77%, placing it among the top 25% in Japan. The dividend has been stable and growing over the past decade, supported by a low payout ratio of 32.3%. However, with a high cash payout ratio (4761.1%), dividends are not well covered by free cash flows, raising sustainability concerns despite reliable historical payments and potential earnings growth forecasted at 19.6% annually.

• Click here to discover the nuances of Asia Pile Holdings with our detailed analytical dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Asia Pile Holdings shares in the market.

Summing It All Up

• Gain an insight into the universe of 1962 Top Dividend Stocks by clicking here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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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