Stock Analysis

Three Top Dividend Stocks To Consider For Your Portfolio

TPEX:6212
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As global markets navigate the end of the year with mixed signals, including a decline in U.S. consumer confidence and fluctuating stock index performances, investors are seeking stability amid economic uncertainty. In such an environment, dividend stocks can offer a compelling option for those looking to balance potential growth with regular income streams.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)5.05%★★★★★★
Tsubakimoto Chain (TSE:6371)4.09%★★★★★★
CAC Holdings (TSE:4725)4.84%★★★★★★
Yamato Kogyo (TSE:5444)4.04%★★★★★★
Padma Oil (DSE:PADMAOIL)7.42%★★★★★★
GakkyushaLtd (TSE:9769)4.38%★★★★★★
Nihon Parkerizing (TSE:4095)3.83%★★★★★★
FALCO HOLDINGS (TSE:4671)6.38%★★★★★★
E J Holdings (TSE:2153)3.82%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.02%★★★★★★

Click here to see the full list of 1958 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Al Waha Capital PJSC (ADX:WAHA)

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

Overview: Al Waha Capital PJSC is a private equity firm managing assets in sectors such as financial services, healthcare, energy, and real estate with a market cap of AED3.25 billion.

Operations: Al Waha Capital PJSC's revenue segments include Private Investments (Excluding Waha Land) amounting to AED149.88 million.

Dividend Yield: 6.4%

Al Waha Capital PJSC's dividend yield of 6.37% ranks in the top 25% of AE market payers, though its dividends have been volatile and unreliable over the past decade. Despite a low payout ratio of 37.2%, dividends are not covered by free cash flows, raising sustainability concerns. Recent earnings growth is notable, with net income for Q3 2024 at AED 77.56 million, up from AED 53.63 million year-on-year, suggesting potential financial stability improvements.

ADX:WAHA Dividend History as at Jan 2025
ADX:WAHA Dividend History as at Jan 2025

PTT (SET:PTT)

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

Overview: PTT Public Company Limited, along with its subsidiaries, operates in the petroleum industry across Thailand and internationally, with a market cap of approximately THB906.88 billion.

Operations: PTT Public Company Limited's revenue segments include Downstream Petroleum - Oil and Retail at THB733.67 million, New Business and Sustainability (NBS) at THB120.10 million, Downstream Petroleum - International Trading at THB2.07 billion, Upstream Petroleum and Natural Gas - Natural Gas at THB602.37 million, Downstream Petroleum - Petrochemicals and Refining at THB1.38 billion, and Upstream Petroleum and Natural Gas - Petroleum Exploration and Production at THB315.42 million.

Dividend Yield: 6.3%

PTT's dividend yield of 6.3% is below the top 25% in Thailand, and its payments have been volatile over the past decade. Despite this, dividends are well covered by earnings and cash flows with payout ratios of 50.2% and 38%, respectively. Recent Q3 earnings showed a decline in net income to THB 16.32 billion from THB 31.30 billion year-on-year, indicating potential challenges in sustaining dividend growth amidst fluctuating financial performance.

SET:PTT Dividend History as at Jan 2025
SET:PTT Dividend History as at Jan 2025

Li Ming Development Construction (TPEX:6212)

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

Overview: Li Ming Development Construction Co., Ltd. operates in the construction industry and has a market capitalization of NT$5.88 billion.

Operations: Li Ming Development Construction Co., Ltd. generates its revenue primarily from Real Estate Development, amounting to NT$7.57 billion.

Dividend Yield: 6%

Li Ming Development Construction's dividend yield is among the top 25% in Taiwan at 6.03%, but its payments have been unreliable over nine years, with volatility and a history of drops exceeding 20%. Despite this, dividends are well covered by earnings and cash flows, with payout ratios of 45.6% and 12.7%, respectively. Recent Q3 results show increased earnings but lower profit margins year-on-year, highlighting potential challenges in maintaining stable dividends amidst financial fluctuations.

TPEX:6212 Dividend History as at Jan 2025
TPEX:6212 Dividend History as at Jan 2025

Summing It All Up

  • Unlock more gems! Our Top Dividend Stocks screener has unearthed 1955 more companies for you to explore.Click here to unveil our expertly curated list of 1958 Top Dividend Stocks.
  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
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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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