Discover Azimut Holding And Two More Leading Dividend Stocks

As global markets navigate a landscape of interest rate cuts and economic adjustments, investors are keenly observing the performance of major indices, with the Nasdaq hitting record highs despite broader declines. In this environment, dividend stocks like Azimut Holding offer potential stability and income, making them an attractive option for those looking to weather market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.99%	★★★★★★
CAC Holdings (TSE:4725)	4.75%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.19%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.05%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.64%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.35%	★★★★★★
E J Holdings (TSE:2153)	3.86%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.67%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.44%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.31%	★★★★★★

Click here to see the full list of 1935 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Azimut Holding (BIT:AZM)

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

Overview: Azimut Holding S.p.A. operates in the asset management sector with a market capitalization of €3.55 billion.

Operations: Azimut Holding S.p.A. generates its revenue primarily from the asset management segment, amounting to €1.44 billion.

Dividend Yield: 4%

Azimut Holding's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 26.6% and 29.1%, respectively. Despite this coverage, the dividends have been volatile over the past decade, experiencing drops exceeding 20%. While the dividend yield of 3.99% is below Italy's top quartile, dividends have grown over ten years. Recent earnings showed improvement in nine-month net income to €437.66 million from €340.57 million year-on-year.

• Click here and access our complete dividend analysis report to understand the dynamics of Azimut Holding.
• Our valuation report unveils the possibility Azimut Holding's shares may be trading at a discount.

Evergent Investments (BVB:EVER)

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

Overview: Evergent Investments SA is a publicly owned investment manager with a market cap of RON1.35 billion.

Operations: Evergent Investments SA generates its revenue primarily from Financial Investment Services (RON304.43 million), with additional contributions from the Manufacture of Agricultural Machinery and Equipment (RON25.18 million), Cultivation of Fruit-Bearing Trees (Blueberries) (RON7.63 million), and Real Estate Development (Apartments) (RON0.31 million).

Dividend Yield: 6.1%

Evergent Investments' dividends are supported by earnings and cash flows, with payout ratios of 28.6% and 34.7%, respectively, despite a volatile dividend history over the past decade. The current yield of 6.06% falls short of Romania's top quartile benchmark. Earnings surged by 199.4% last year, yet dividend reliability remains a concern due to past volatility exceeding annual drops of over 20%. A low P/E ratio of 4.7x suggests potential value relative to the market average.

• Navigate through the intricacies of Evergent Investments with our comprehensive dividend report here.
• The analysis detailed in our Evergent Investments valuation report hints at an inflated share price compared to its estimated value.

ITFOR (TSE:4743)

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

Overview: ITFOR Inc. offers support services for the implementation of information technology in Japan, with a market cap of ¥40.10 billion.

Operations: ITFOR Inc. generates revenue through its Recurring Business segment, which accounts for ¥8.86 billion, and its System Development and Sales segment, contributing ¥11.97 billion.

Dividend Yield: 3.4%

ITFOR Inc.'s dividend payments have been stable and reliable over the past decade, supported by a payout ratio of 66.6% from earnings and 48.1% from cash flows. Despite a reduction in the annual dividend to ¥25 per share from ¥40 last year, the company maintains a current yield of 3.38%, which is below Japan's top quartile benchmark. Recent buyback initiatives aim to enhance capital efficiency amidst evolving business conditions, reflecting management's focus on shareholder value.

• Click here to discover the nuances of ITFOR with our detailed analytical dividend report.
• Our valuation report here indicates ITFOR may be undervalued.

Where To Now?

• Unlock our comprehensive list of 1935 Top Dividend Stocks by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Contemplating Other Strategies?

• 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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