3 Dividend Stocks With Yields Up To 6.7 To Boost Your Income

In a week marked by fluctuating indices and mixed economic signals, global markets experienced notable volatility, with major U.S. indexes like the Nasdaq Composite and S&P MidCap 400 reaching record highs before retreating. Amidst this backdrop of cautious earnings reports and economic uncertainties, dividend stocks stand out as a potential source of steady income for investors seeking stability in turbulent times. A good dividend stock in such conditions typically offers consistent payouts backed by strong fundamentals, providing a reliable income stream even when broader market performance is unpredictable.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Mitsubishi Shokuhin (TSE:7451)	3.86%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.69%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.19%	★★★★★★
Globeride (TSE:7990)	4.12%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	5.03%	★★★★★★
Innotech (TSE:9880)	4.86%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.22%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.00%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.97%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.01%	★★★★★★

Click here to see the full list of 2033 stocks from our Top Dividend Stocks screener.

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

Ibersol S.G.P.S (ENXTLS:IBS)

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

Overview: Ibersol S.G.P.S. operates a network of restaurants across Portugal, Spain, and Angola with a market capitalization of €306.38 million.

Operations: Ibersol S.G.P.S. generates revenue through its Counters (€157.84 million), Restaurants (€110.46 million), and Concessions, Travel, and Catering (€164.92 million) segments across its operational regions.

Dividend Yield: 6.8%

Ibersol S.G.P.S. offers a dividend yield of 6.78%, placing it in the top 25% of Portuguese dividend payers, but its high payout ratio of 157.6% indicates dividends are not well covered by earnings, raising sustainability concerns. Despite some growth in dividends over the past decade, they have been volatile and unreliable. The stock trades at 65.6% below estimated fair value, suggesting potential for price appreciation despite current financial challenges reflected in declining profit margins and earnings per share.

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

Intelligent Wave (TSE:4847)

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

Overview: Intelligent Wave Inc. offers system development services and system products both in Japan and internationally, with a market cap of ¥23.07 billion.

Operations: Intelligent Wave Inc. generates revenue primarily from its Software & Programming segment, amounting to ¥14.52 billion.

Dividend Yield: 4%

Intelligent Wave offers a dividend yield of 3.97%, ranking in the top 25% among Japanese dividend payers. The company's dividends are well-covered by earnings, with a payout ratio of 55.4%, and cash flows, with a cash payout ratio of 75.9%. Dividends have been stable and growing over the past decade, supported by recent earnings growth of 21.9%. Despite announcing a slight decrease in future dividends, the stock trades at a significant discount to its estimated fair value.

• Delve into the full analysis dividend report here for a deeper understanding of Intelligent Wave.
• Upon reviewing our latest valuation report, Intelligent Wave's share price might be too pessimistic.

77 Bank (TSE:8341)

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

Overview: The 77 Bank, Ltd., along with its subsidiaries, offers banking products and services to corporate and individual clients in Japan, with a market cap of ¥298.26 billion.

Operations: The 77 Bank, Ltd. generates revenue through its banking products and services provided to both corporate and individual customers in Japan.

Dividend Yield: 3.5%

The 77 Bank, Ltd. recently increased its dividend to JPY 67.50 per share and forecasts further increases for the fiscal year ending March 31, 2025. Although its current dividend yield of 3.48% is below the top quartile in Japan, dividends have been stable and growing over the past decade with a low payout ratio of 27.8%, indicating strong coverage by earnings. Despite high levels of bad loans at over 10%, the stock trades significantly below estimated fair value, suggesting potential undervaluation relative to peers and industry norms.

• Unlock comprehensive insights into our analysis of 77 Bank stock in this dividend report.
• Insights from our recent valuation report point to the potential undervaluation of 77 Bank shares in the market.

Turning Ideas Into Actions

• Click here to access our complete index of 2033 Top Dividend Stocks.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
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Want To Explore Some Alternatives?

• 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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