Kasikornbank Leads These 3 Dividend Stocks To Consider

In the midst of a dynamic global market environment, U.S. indices like the Dow Jones Industrial Average and S&P 500 have reached record highs, buoyed by positive sentiment surrounding domestic policy changes and economic stability efforts. As investors navigate these shifting tides, dividend stocks remain an attractive option for those seeking steady income streams amidst market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.17%	★★★★★★
CAC Holdings (TSE:4725)	4.57%	★★★★★★
Yamato Kogyo (TSE:5444)	3.88%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.43%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.88%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.85%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.48%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.91%	★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Kasikornbank (SET:KBANK)

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

Overview: Kasikornbank Public Company Limited, along with its subsidiaries, offers commercial banking products and services both in Thailand and internationally, with a market cap of THB 363.69 billion.

Operations: Kasikornbank's revenue segments include Retail Business at THB 69.98 billion, Corporate Business at THB 87.72 billion, Muang Thai Group Holding Business at THB 13.42 billion, and Treasury and Capital Markets Business and World Business Group at THB 32.99 billion.

Dividend Yield: 4.9%

Kasikornbank's dividend payments, covered by a low payout ratio of 37.4%, are supported by recent earnings growth of 34%. However, the bank's dividends have been volatile over the past decade and its current yield of 4.89% is below top-tier dividend payers in Thailand. Despite high non-performing loans at 3.8%, a new joint venture aims to manage these assets, potentially stabilizing future financial health and dividend reliability.

• Unlock comprehensive insights into our analysis of Kasikornbank stock in this dividend report.
• Our expertly prepared valuation report Kasikornbank implies its share price may be lower than expected.

Compagnie Financière Tradition (SWX:CFT)

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

Overview: Compagnie Financière Tradition SA is an interdealer broker facilitating transactions in financial and non-financial products globally, with a market capitalization of CHF1.27 billion.

Operations: Compagnie Financière Tradition SA generates revenue from various regions, with CHF352.67 million from the Americas, CHF273.16 million from Asia-Pacific, and CHF452.85 million from Europe, the Middle East and Africa.

Dividend Yield: 3.7%

Compagnie Financière Tradition offers a stable dividend history over the past decade, with payments well-covered by earnings and cash flows, indicated by a payout ratio of 43.3% and cash payout ratio of 60.7%. Although its current yield of 3.67% is below the top quartile in Switzerland, it trades at a discount to estimated fair value. Recent earnings growth of 16.1% supports its capacity for continued reliable dividends despite some shareholder dilution last year.

• Navigate through the intricacies of Compagnie Financière Tradition with our comprehensive dividend report here.
• Our valuation report unveils the possibility Compagnie Financière Tradition's shares may be trading at a discount.

Lion Travel Service (TWSE:2731)

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

Overview: Lion Travel Service Co., Ltd. offers travel services both in Taiwan and internationally, with a market cap of NT$11.75 billion.

Operations: The company's revenue primarily comes from its Tour Department, which generated NT$28.15 billion.

Dividend Yield: 6.3%

Lion Travel Service demonstrates a mixed dividend profile. Despite a top-tier dividend yield of 6.35% in Taiwan, the company's dividends have been volatile over the past decade. However, with a payout ratio of 49.3% and cash payout ratio of 32.3%, dividends are well-covered by earnings and cash flows, suggesting sustainability despite an unstable track record. Recent earnings growth supports this coverage, although large one-off items have impacted financial results recently.

• Click to explore a detailed breakdown of our findings in Lion Travel Service's dividend report.
• The analysis detailed in our Lion Travel Service valuation report hints at an deflated share price compared to its estimated value.

Taking Advantage

• Click here to access our complete index of 1948 Top Dividend Stocks.
• 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.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Ready To Venture Into Other Investment Styles?

• 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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