Arab National Bank And 2 Other Top Dividend Stocks To Consider

As global markets continue to navigate the complexities of rising inflation and shifting trade policies, U.S. stock indexes are climbing toward record highs, with growth stocks outperforming their value counterparts. In this dynamic environment, dividend stocks like Arab National Bank offer investors a potential avenue for steady income, as they often provide reliable payouts that can be appealing during times of economic uncertainty.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.95%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.69%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.33%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.04%	★★★★★★
CAC Holdings (TSE:4725)	4.01%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.91%	★★★★★★
GakkyushaLtd (TSE:9769)	4.42%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.41%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.33%	★★★★★★
DoshishaLtd (TSE:7483)	3.88%	★★★★★★

Click here to see the full list of 1999 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Arab National Bank (SASE:1080)

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

Overview: Arab National Bank operates by offering a range of banking products and services in Saudi Arabia and the United Kingdom, with a market capitalization of SAR43.44 billion.

Operations: Arab National Bank's revenue segments include SAR0.35 billion from Treasury, SAR2.00 billion from Retail Banking, SAR6.61 billion from Corporate Banking, and SAR0.48 billion from Investment and Brokerage Services.

Dividend Yield: 6%

Arab National Bank's dividend yield of 5.99% places it among the top 25% in the Saudi Arabian market, supported by a payout ratio of 52.4%, indicating sustainable coverage by earnings. Despite a volatile dividend history over the past decade, recent earnings growth of 22% and a low price-to-earnings ratio of 8.7x suggest good value relative to peers. The bank's recent SAR 3.35 billion fixed-income offering may further strengthen its financial position for future dividends.

• Get an in-depth perspective on Arab National Bank's performance by reading our dividend report here.
• The analysis detailed in our Arab National Bank valuation report hints at an deflated share price compared to its estimated value.

Standard Chemical & Pharmaceutical (TWSE:1720)

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

Overview: Standard Chemical & Pharmaceutical Co. Ltd. operates in the pharmaceutical industry, focusing on the development and production of various medical products, with a market cap of NT$11.10 billion.

Operations: Standard Chemical & Pharmaceutical Co. Ltd.'s revenue is primarily derived from Human Medicine (NT$3.17 billion), Food (NT$2.16 billion), and Active Pharmaceutical Ingredients (NT$1.34 billion).

Dividend Yield: 4.3%

Standard Chemical & Pharmaceutical's dividend payments, covered by a 56.9% earnings payout ratio and a 44.8% cash payout ratio, suggest sustainability from both profits and cash flows. However, its dividends have been volatile over the past decade despite growth in payouts, raising concerns about reliability. Trading at 57.5% below estimated fair value could indicate potential for capital appreciation, though its current yield of 4.35% is slightly below Taiwan's top-tier dividend payers' threshold of 4.38%.

• Take a closer look at Standard Chemical & Pharmaceutical's potential here in our dividend report.
• According our valuation report, there's an indication that Standard Chemical & Pharmaceutical's share price might be on the cheaper side.

Taiwan Fu Hsing IndustrialLtd (TWSE:9924)

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

Overview: Taiwan Fu Hsing Industrial Co., Ltd., along with its subsidiaries, manufactures and sells door locks, related accessories, and furniture across the United States, Asia, Europe, and other international markets, with a market cap of NT$9.86 billion.

Operations: Taiwan Fu Hsing Industrial Co., Ltd. generates revenue primarily from its operations in Asia (NT$11.21 billion) and America (NT$85.96 million).

Dividend Yield: 5.7%

Taiwan Fu Hsing Industrial Ltd.'s dividends are supported by a 61.5% earnings payout ratio and a 45.5% cash payout ratio, indicating solid backing from both profits and cash flows. While the dividend yield of 5.74% ranks in Taiwan's top quartile, its history of volatile payments over the past decade raises reliability concerns despite some growth in payouts. Trading at 51.4% below estimated fair value suggests potential for capital appreciation alongside income generation.

• Click here and access our complete dividend analysis report to understand the dynamics of Taiwan Fu Hsing IndustrialLtd.
• In light of our recent valuation report, it seems possible that Taiwan Fu Hsing IndustrialLtd is trading behind its estimated value.

Summing It All Up

• Delve into our full catalog of 1999 Top Dividend Stocks here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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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