Top Three Dividend Stocks To Consider

As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are navigating a landscape influenced by geopolitical factors and economic data. In this environment, dividend stocks can offer a reliable income stream, making them an attractive option for those seeking stability amidst market fluctuations.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	7.01%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.57%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.26%	★★★★★★
GakkyushaLtd (TSE:9769)	4.60%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.18%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.85%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.46%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.45%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.85%	★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

A. Soriano (PSE:ANS)

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

Overview: A. Soriano Corporation operates in the Philippines through its subsidiaries, focusing on resort management and cable and wire manufacturing, with a market capitalization of ₱16.06 billion.

Operations: A. Soriano Corporation's revenue segments include Resort Operation generating ₱1.46 billion and Wire Manufacturing contributing ₱10.95 billion, alongside its Holding Company operations which add ₱6.78 billion in revenue.

Dividend Yield: 7.3%

A. Soriano Corporation recently announced a special cash dividend of PHP 0.25 per share, highlighting its commitment to returning value to shareholders despite an unstable dividend track record over the past decade. The company's dividends are well-covered by earnings and cash flows, with a low payout ratio of 10.5% and a reasonable cash payout ratio of 69.7%. Recent earnings growth of 128.9% further supports potential future dividend sustainability, although historical volatility remains a concern for investors seeking stability.

• Click here and access our complete dividend analysis report to understand the dynamics of A. Soriano.
• According our valuation report, there's an indication that A. Soriano's share price might be on the cheaper side.

Three's Company Media Group (SHSE:605168)

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

Overview: Three's Company Media Group Co., Ltd. offers integrated and digital marketing services with a market cap of CN¥7.65 billion.

Operations: Three's Company Media Group Co., Ltd. generates revenue through its provision of integrated and digital marketing services.

Dividend Yield: 3.1%

Three's Company Media Group has demonstrated a commitment to shareholder returns through dividend payments, supported by a cash payout ratio of 51.7% and an earnings payout ratio of 63.8%. Despite only paying dividends for four years, the company has maintained stability in its payouts. Recent buybacks totaling CNY 50 million may enhance shareholder value, although declining sales and net income raise concerns about long-term sustainability. The stock trades at a good value relative to peers and industry benchmarks.

• Unlock comprehensive insights into our analysis of Three's Company Media Group stock in this dividend report.
• The valuation report we've compiled suggests that Three's Company Media Group's current price could be quite moderate.

Gansu Energy Chemical (SZSE:000552)

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

Overview: Gansu Energy Chemical Co., Ltd. operates in the coal mining industry in China and has a market capitalization of CN¥15.15 billion.

Operations: Gansu Energy Chemical Co., Ltd. generates its revenue primarily from its coal mining operations in China.

Dividend Yield: 3.4%

Gansu Energy Chemical's dividend yield of 3.41% ranks in the top 25% of CN market payers, yet its sustainability is questionable due to lack of free cash flow coverage and volatile past payments. The payout ratio at 43.4% suggests earnings coverage, but recent dilution and declining profit margins from CNY 1.56 billion to CNY 1.03 billion highlight financial pressures. Recent board changes may influence future strategic direction amidst these challenges.

• Click here to discover the nuances of Gansu Energy Chemical with our detailed analytical dividend report.
• According our valuation report, there's an indication that Gansu Energy Chemical's share price might be on the expensive side.

Where To Now?

• Delve into our full catalog of 1943 Top Dividend Stocks here.
• 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.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Looking For Alternative Opportunities?

• 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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