Stock Analysis

Three Prominent Dividend Stocks To Consider

SZSE:000933
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Amid a turbulent week in global markets, where major indices like the S&P 500 and Nasdaq Composite experienced volatility due to mixed earnings reports and economic data, investors are increasingly turning their attention toward more stable investment options. In this environment, dividend stocks stand out as they offer potential income through regular payouts, which can be particularly appealing when market conditions are uncertain.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.31%★★★★★★
Mitsubishi Shokuhin (TSE:7451)3.86%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.19%★★★★★★
Globeride (TSE:7990)4.12%★★★★★★
Financial Institutions (NasdaqGS:FISI)5.03%★★★★★★
Innotech (TSE:9880)4.86%★★★★★★
Business Brain Showa-Ota (TSE:9658)4.22%★★★★★★
FALCO HOLDINGS (TSE:4671)6.57%★★★★★★
GakkyushaLtd (TSE:9769)4.59%★★★★★★
KurimotoLtd (TSE:5602)5.10%★★★★★★

Click here to see the full list of 2030 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Panora Gayrimenkul Yatirim Ortakligi (IBSE:PAGYO)

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

Overview: Panora Gayrimenkul Yatirim Ortakligi A.S. operates in the real estate investment sector with a market capitalization of TRY4.76 billion.

Operations: Panora Gayrimenkul Yatirim Ortakligi A.S. generates its revenue primarily from the REIT - Commercial segment, amounting to TRY485.13 million.

Dividend Yield: 5.2%

Panora Gayrimenkul Yatirim Ortakligi's recent earnings report shows solid growth, with net income rising to TRY 310.72 million for the first half of 2024. The company trades at a significant discount to its estimated fair value and offers a dividend yield in the top tier of the Turkish market at 5.23%. However, its dividend history has been volatile despite coverage by earnings and cash flows, suggesting potential instability in future payments.

IBSE:PAGYO Dividend History as at Nov 2024
IBSE:PAGYO Dividend History as at Nov 2024

Food Moments (SET:FM)

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

Overview: Food Moments Public Company Limited specializes in the production and sale of butchered and processed chicken products, with a market cap of THB4.27 billion.

Operations: Food Moments Public Company Limited generates revenue from the production and distribution of chicken parts amounting to THB5.05 billion and processed chicken parts totaling THB2.40 billion.

Dividend Yield: 6.9%

Food Moments' dividends are well-covered by earnings and cash flows, with payout ratios of 26.1% and 53.4%, respectively. Despite a recent initiation of dividend payments, its yield is among the top 25% in Thailand's market. However, the dividend track record remains unstable due to its novelty. Recent earnings reports show significant growth, with net income reaching THB 361.61 million for the first half of 2024, supporting dividend sustainability despite lower profit margins compared to last year.

SET:FM Dividend History as at Nov 2024
SET:FM Dividend History as at Nov 2024

Henan Shenhuo Coal Industry and Electricity Power (SZSE:000933)

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

Overview: Henan Shenhuo Coal Industry and Electricity Power Co. operates in the coal mining and electricity generation sectors, with a market cap of CN¥42.40 billion.

Operations: Henan Shenhuo Coal Industry and Electricity Power Co. generates its revenue primarily from coal mining and electricity generation activities.

Dividend Yield: 4.2%

Henan Shenhuo Coal Industry and Electricity Power's dividend payments are well-supported by its earnings and cash flows, with payout ratios of 33.3% and 20.2%, respectively. Despite a history of volatility, dividends have increased over the past decade, placing its yield in the top 25% in China's market. Recent earnings show a decline with net income at CNY 3.54 billion for nine months ending September 2024, which may affect future dividend stability despite current coverage levels.

SZSE:000933 Dividend History as at Nov 2024
SZSE:000933 Dividend History as at Nov 2024

Summing It All Up

  • Unlock our comprehensive list of 2030 Top Dividend Stocks by clicking here.
  • Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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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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