Global Dividend Stocks Spotlight Featuring Three Top Picks

As global markets navigate a mix of modest gains and declines across various indices, investors are closely watching economic indicators such as inflation rates and central bank policies that could influence future market directions. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for those seeking to balance growth with regular returns amidst economic uncertainties.

Top 10 Dividend Stocks Globally

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	4.93%	★★★★★★
Torigoe (TSE:2009)	4.30%	★★★★★★
SAN Holdings (TSE:9628)	3.94%	★★★★★★
NCD (TSE:4783)	4.53%	★★★★★★
Japan Excellent (TSE:8987)	3.93%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.02%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	4.13%	★★★★★★
GakkyushaLtd (TSE:9769)	4.41%	★★★★★★
Daicel (TSE:4202)	4.34%	★★★★★★
CAC Holdings (TSE:4725)	4.72%	★★★★★★

Click here to see the full list of 1329 stocks from our Top Global Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Ono Pharmaceutical (TSE:4528)

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

Overview: Ono Pharmaceutical Co., Ltd. is involved in the production, purchase, and sale of pharmaceuticals and diagnostic reagents globally, with a market cap of approximately ¥801.90 billion.

Operations: Ono Pharmaceutical Co., Ltd. generates its revenue primarily from its Pharmaceutical Business, which accounts for ¥496.73 billion.

Dividend Yield: 4.7%

Ono Pharmaceutical's dividends have been stable and growing over the past decade, with a current yield of 4.69%, placing it in the top 25% of dividend payers in Japan. However, the high cash payout ratio (118.3%) suggests dividends are not well covered by free cash flow, raising sustainability concerns. Recent expansions, including establishing Ono Global Reinsurance Inc., and strategic alliances may bolster long-term growth prospects but do not immediately address dividend coverage issues.

• Dive into the specifics of Ono Pharmaceutical here with our thorough dividend report.
• Our valuation report unveils the possibility Ono Pharmaceutical's shares may be trading at a discount.

Daido Steel (TSE:5471)

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

Overview: Daido Steel Co., Ltd. manufactures and sells steel products both in Japan and internationally, with a market cap of ¥265.42 billion.

Operations: Daido Steel Co., Ltd.'s revenue segments include Special Steel Material at ¥207.95 billion, High Performance Materials and Magnetic Materials at ¥199.47 billion, Parts for Automobile and Industrial Equipment at ¥115.13 billion, Engineering at ¥26.27 billion, and Trading and Service at ¥26.38 billion.

Dividend Yield: 3.5%

Daido Steel's dividend yield of 3.54% is slightly below Japan's top 25% of dividend payers, but its dividends are well-covered by earnings with a payout ratio of 35.1%. Despite past volatility in dividend payments, recent share buybacks totaling ¥6.60 billion could enhance shareholder returns and capital efficiency. While the cash payout ratio is higher at 79.1%, the company's low price-to-earnings ratio suggests good value relative to peers, supporting potential investment appeal for income-focused investors.

• Unlock comprehensive insights into our analysis of Daido Steel stock in this dividend report.
• Our valuation report here indicates Daido Steel may be undervalued.

Lion Travel Service (TWSE:2731)

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

Overview: Lion Travel Service Co., Ltd. offers travel services both in Taiwan and internationally, with a market cap of NT$15.20 billion.

Operations: Lion Travel Service Co., Ltd. generates revenue through its travel services offered both domestically in Taiwan and internationally.

Dividend Yield: 4.6%

Lion Travel Service's dividend yield of 4.6% is below Taiwan's top 25% of payers, and its dividends have been unstable over the past decade. Despite this volatility, the payout ratio of 64.2% indicates dividends are supported by earnings, while a cash payout ratio of 32.8% suggests coverage by cash flows is strong. Trading at a significant discount to estimated fair value could present an opportunity for investors seeking undervalued stocks with potential for capital appreciation alongside income generation.

• Click here to discover the nuances of Lion Travel Service with our detailed analytical dividend report.
• The analysis detailed in our Lion Travel Service valuation report hints at an deflated share price compared to its estimated value.

Key Takeaways

• Click this link to deep-dive into the 1329 companies within our Top Global Dividend Stocks screener.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Seeking Other Investments?

• 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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