3 Reliable Dividend Stocks Yielding Up To 8.5%

As global markets continue to reach record highs, buoyed by gains in major indices like the Dow Jones and S&P 500, investors are navigating a complex landscape influenced by geopolitical factors and domestic policy changes. In such an environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those seeking reliable returns amidst market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.23%	★★★★★★
GakkyushaLtd (TSE:9769)	4.70%	★★★★★★
CAC Holdings (TSE:4725)	4.61%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.23%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.42%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.34%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.47%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.47%	★★★★★★

Click here to see the full list of 1968 stocks from our Top Dividend Stocks screener.

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

Nordea Bank Abp (HLSE:NDA FI)

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

Overview: Nordea Bank Abp provides banking products and services across Sweden, Finland, Norway, Denmark, and internationally with a market cap of €37.74 billion.

Operations: Nordea Bank Abp's revenue is primarily derived from its Personal Banking segment at €4.79 billion, followed by Business Banking at €3.58 billion, Large Corporates & Institutions at €2.50 billion, and Asset and Wealth Management contributing €1.46 billion.

Dividend Yield: 8.5%

Nordea Bank Abp's dividend yield of 8.52% ranks in the top 25% of Finnish market payers, yet its dividend history is volatile with less than a decade of payments and fluctuations over 20%. The payout ratio is currently reasonable at 64.7%, indicating coverage by earnings, but future earnings are forecast to decline by an average of 3.4% annually over the next three years. Recent share repurchase initiatives aim to optimize capital structure and enhance shareholder returns amid these challenges.

• Click here and access our complete dividend analysis report to understand the dynamics of Nordea Bank Abp.
• Insights from our recent valuation report point to the potential undervaluation of Nordea Bank Abp shares in the market.

Skandinaviska Enskilda Banken (OM:SEB A)

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

Overview: Skandinaviska Enskilda Banken AB (publ) offers corporate, retail, investment, and private banking services with a market cap of approximately SEK311.49 billion.

Operations: Skandinaviska Enskilda Banken AB (publ) generates revenue from several segments, including Large Corporates & Financial Institutions (SEK32.00 billion), Corporate & Private Customers excluding Private Wealth Management & Family Office (SEK25.61 billion), Baltic operations (SEK13.46 billion), Private Wealth Management & Family Office (SEK4.63 billion), Life insurance services (SEK3.80 billion), and Asset Management services (SEK3.30 billion).

Dividend Yield: 5.6%

Skandinaviska Enskilda Banken offers a dividend yield of 5.56%, placing it in the top quartile of Swedish dividend payers, though its payments have been inconsistent over the past decade with volatility and drops exceeding 20%. Despite this, the current payout ratio is a manageable 47.7%, suggesting dividends are well covered by earnings. Recent executive changes and board departures may impact strategic direction, but restructuring efforts aim to bolster long-term growth potential.

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

Radiant Opto-Electronics (TWSE:6176)

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

Overview: Radiant Opto-Electronics Corporation manufactures and sells backlight modules and light guide plates for LCD panels across Asia, Europe, and the United States, with a market cap of NT$90.45 billion.

Operations: Radiant Opto-Electronics Corporation generates revenue from various regions, with NT$27.42 billion from Taiwan and NT$36.25 billion from the Mainland District.

Dividend Yield: 5.1%

Radiant Opto-Electronics provides a dividend yield of 5.14%, ranking in the top quartile of Taiwan's dividend payers, but its dividends have been volatile over the past decade. The current payout ratio stands at 79.6%, indicating coverage by earnings; however, with a high cash payout ratio of 91%, dividends are not well covered by cash flows. Recent earnings showed increased sales but decreased quarterly net income, and future earnings are forecasted to decline.

• Navigate through the intricacies of Radiant Opto-Electronics with our comprehensive dividend report here.
• Our valuation report unveils the possibility Radiant Opto-Electronics' shares may be trading at a discount.

Key Takeaways

• Unlock our comprehensive list of 1968 Top Dividend Stocks by clicking 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.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• 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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