3 Dividend Stocks Offering Yields Up To 7.7%

As global markets navigate a landscape marked by accelerating U.S. inflation and record-high stock indexes, investors are increasingly seeking stability amidst volatility. In such an environment, dividend stocks offering attractive yields can provide a reliable income stream and potential cushion against market fluctuations.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	5.83%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.54%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.90%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.33%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.60%	★★★★★★
CAC Holdings (TSE:4725)	4.12%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.90%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.23%	★★★★★★
DoshishaLtd (TSE:7483)	3.84%	★★★★★★
Archer-Daniels-Midland (NYSE:ADM)	4.43%	★★★★★☆

Click here to see the full list of 1966 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Corporación Moctezuma. de (BMV:CMOCTEZ *)

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

Overview: Corporación Moctezuma, S.A.B. de C.V. operates in Mexico, focusing on the production, distribution, and sale of Portland cement, mortar, white cement, ready-mixed concrete and aggregates with a market cap of MX$69.26 billion.

Operations: Corporación Moctezuma's revenue primarily comes from its Concrete and Cement segment, generating MX$20.06 billion.

Dividend Yield: 6.2%

Corporación Moctezuma's dividend is covered by earnings with a payout ratio of 63.9% and cash flows at 88%, indicating reasonable coverage despite its volatile dividend history. The dividend yield aligns with the market average, but past payments have been unreliable, showing volatility over the last decade. Recent earnings growth of 17.9% supports sustainability, yet share price volatility may concern investors seeking stability. A recent cash dividend was declared for Dec-13-2024 at MX$2.00 per share.

• Take a closer look at Corporación Moctezuma. de's potential here in our dividend report.
• The analysis detailed in our Corporación Moctezuma. de valuation report hints at an deflated share price compared to its estimated value.

Skellerup Holdings (NZSE:SKL)

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

Overview: Skellerup Holdings Limited designs, manufactures, and distributes engineered products for industrial and agricultural applications, with a market cap of NZ$1.01 billion.

Operations: Skellerup Holdings Limited generates revenue through its engineered products tailored for distinct industrial and agricultural uses.

Dividend Yield: 4.6%

Skellerup Holdings' dividend yield of 4.57% is below the top 25% of NZ dividend payers, and its past payments have been volatile, with significant annual drops. However, dividends are covered by earnings (payout ratio: 61.4%) and cash flows (cash payout ratio: 81.6%), suggesting sustainability despite historical unreliability. The stock trades at a discount to its estimated fair value, potentially offering good value for investors seeking income with some growth prospects as earnings are forecasted to grow annually by 10.79%.

• Click to explore a detailed breakdown of our findings in Skellerup Holdings' dividend report.
• Our valuation report here indicates Skellerup Holdings may be undervalued.

Delfi (SGX:P34)

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

Overview: Delfi Limited is an investment holding company that manufactures, markets, distributes, and sells chocolate and confectionery products in Indonesia, the Philippines, Malaysia, Singapore, and internationally; it has a market cap of SGD458.37 million.

Operations: Delfi Limited generates its revenue primarily from Indonesia with $349.57 million, complemented by $183.30 million from its Regional Markets segment.

Dividend Yield: 7.7%

Delfi's dividend yield of 7.73% ranks in the top 25% of SG market payers, though it's not well covered by free cash flows due to a high cash payout ratio of 750.7%. While dividends are covered by earnings with a reasonable payout ratio of 57.2%, historical payments have been volatile and unreliable over the past decade. Despite these concerns, Delfi trades at a significant discount to its estimated fair value, potentially offering value for income-focused investors.

• Navigate through the intricacies of Delfi with our comprehensive dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Delfi shares in the market.

Key Takeaways

• Take a closer look at our Top Dividend Stocks list of 1966 companies by clicking here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Searching for a Fresh Perspective?

• 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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