As global markets navigate a complex landscape marked by potential rate cuts from the Federal Reserve and fluctuating economic indicators, investors are keenly observing sectors that have shown resilience. In this environment, dividend stocks stand out as a compelling option for those seeking steady income streams, particularly when market volatility is heightened by shifting monetary policies and economic conditions.
Top 10 Dividend Stocks Globally
Name | Dividend Yield | Dividend Rating |
Wuliangye YibinLtd (SZSE:000858) | 4.89% | ★★★★★★ |
Torigoe (TSE:2009) | 4.45% | ★★★★★★ |
Soliton Systems K.K (TSE:3040) | 3.75% | ★★★★★★ |
SAN Holdings (TSE:9628) | 3.89% | ★★★★★★ |
NCD (TSE:4783) | 4.56% | ★★★★★★ |
Japan Excellent (TSE:8987) | 3.96% | ★★★★★★ |
Guangxi LiuYao Group (SHSE:603368) | 4.13% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.44% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.83% | ★★★★★★ |
Daicel (TSE:4202) | 4.38% | ★★★★★★ |
Click here to see the full list of 1335 stocks from our Top Global Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
ZMJ Group (SHSE:601717)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: ZMJ Group Company Limited, along with its subsidiaries, manufactures and sells coal mining and excavating equipment for the coal mining industry in China, Germany, and internationally, with a market cap of CN¥32.34 billion.
Operations: ZMJ Group's revenue primarily comes from its segments in automotive parts, generating CN¥17.82 billion, and coal mining machinery, contributing CN¥19.32 billion.
Dividend Yield: 5.5%
ZMJ Group's dividend yield of 5.48% ranks in the top 25% of CN market payers, though its sustainability is questionable due to a high cash payout ratio of 139.4%. Despite a reasonable earnings payout ratio at 50.1%, dividends are not well covered by free cash flow. The company's dividends have been volatile and unreliable over the past decade, despite recent increases, such as the final dividend declared for 2024.
- Unlock comprehensive insights into our analysis of ZMJ Group stock in this dividend report.
- The valuation report we've compiled suggests that ZMJ Group's current price could be quite moderate.
Nova Technology (TPEX:6613)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nova Technology Corporation offers services to semiconductor, photonics, solar energy, biotech, pharmaceutical, and chemical industrial manufacturers across Taiwan, China, and globally with a market cap of NT$16.49 billion.
Operations: Nova Technology Corporation's revenue segments include NT$6.29 billion from China and NT$4.42 billion from Taiwan.
Dividend Yield: 5.4%
Nova Technology's dividend yield of 5.37% places it among the top 25% of payers in the TW market, with dividends well-covered by a payout ratio of 54.2% and a cash payout ratio of 42.9%. However, its nine-year dividend history is marked by volatility and unreliability, including annual drops over 20%. Recent earnings growth of TWD 154.83 million for Q2 suggests potential stability, but past sales declines raise concerns about future consistency.
- Click here and access our complete dividend analysis report to understand the dynamics of Nova Technology.
- Upon reviewing our latest valuation report, Nova Technology's share price might be too pessimistic.
Jinan Acetate Chemical (TWSE:4763)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jinan Acetate Chemical Co., Ltd. operates in the research, development, production, and sale of cellulose acetate tows, cellulose acetates, and cellulose anhydrides across Asia, Europe, America, and Africa with a market capitalization of NT$66.97 billion.
Operations: Jinan Acetate Chemical Co., Ltd.'s revenue primarily comes from its research and development and manufacturing of fiber acetate products, totaling NT$16.92 billion.
Dividend Yield: 6.9%
Jinan Acetate Chemical offers a dividend yield of 6.87%, placing it in the top 25% of TW market payers. Its dividends are well-covered by a payout ratio of 30.1% and a cash payout ratio of 84.3%. Despite recent earnings growth, its nine-year dividend history has been unstable with volatility over 20%. Recent developments include a TWD 2.47 billion cash dividend announcement and an MOU for expanding cellulose acetate product markets, potentially enhancing competitiveness.
- Navigate through the intricacies of Jinan Acetate Chemical with our comprehensive dividend report here.
- Our valuation report here indicates Jinan Acetate Chemical may be undervalued.
Where To Now?
- Embark on your investment journey to our 1335 Top Global Dividend Stocks selection here.
- Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
- Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Seeking Other Investments?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if ZMJ Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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