As global markets navigate a complex landscape of inflation concerns, political uncertainties, and fluctuating interest rates, investors are seeking stability amidst the volatility. Despite recent declines in U.S. equities and mixed performances across international indices, dividend stocks continue to attract attention for their potential to provide consistent income streams. In times of economic uncertainty, dividend-paying stocks can offer a measure of resilience by providing regular cash flow while potentially benefiting from long-term capital appreciation.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 5.07% | ★★★★★★ |
Guaranty Trust Holding (NGSE:GTCO) | 6.38% | ★★★★★★ |
Yamato Kogyo (TSE:5444) | 4.08% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.61% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.01% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.58% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.91% | ★★★★★★ |
E J Holdings (TSE:2153) | 4.07% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.89% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.93% | ★★★★★★ |
Click here to see the full list of 1999 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Anhui HeliLtd (SHSE:600761)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Anhui Heli Co., Ltd. is involved in the manufacture and sale of industrial vehicles in the People’s Republic of China, with a market cap of CN¥15.82 billion.
Operations: Anhui Heli Ltd.'s revenue primarily comes from its Forklifts and Accessories segment, which generated CN¥17.75 billion.
Dividend Yield: 3.4%
Anhui Heli Ltd.'s dividend yield of 3.38% ranks in the top 25% of CN market payers, yet its dividends have been volatile and not well covered by free cash flows. Despite a low payout ratio of 34%, indicating coverage by earnings, recent shareholder dilution and high non-cash earnings raise concerns. The company trades at a favorable P/E ratio of 11.4x compared to the market's 34.1x, with recent revenue growth reflecting robust performance.
- Click here to discover the nuances of Anhui HeliLtd with our detailed analytical dividend report.
- Upon reviewing our latest valuation report, Anhui HeliLtd's share price might be too pessimistic.
Far Eastern Department Stores (TWSE:2903)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Far Eastern Department Stores, Ltd., along with its subsidiaries, operates department stores and supermarkets in Taiwan, with a market cap of NT$30.64 billion.
Operations: Far Eastern Department Stores, Ltd. generates revenue of NT$35.30 billion from its retail department stores and supermarkets in Taiwan.
Dividend Yield: 7.4%
Far Eastern Department Stores offers a high dividend yield of 7.39%, ranking in the top 25% of the TW market, but its dividends have been volatile and unreliable over the past decade. Despite a low cash payout ratio of 42.6%, indicating coverage by cash flows, the high payout ratio of 109% suggests dividends are not well covered by earnings. Recent earnings declines with net income dropping to TWD 429 million highlight potential sustainability concerns for dividend investors.
- Navigate through the intricacies of Far Eastern Department Stores with our comprehensive dividend report here.
- Insights from our recent valuation report point to the potential overvaluation of Far Eastern Department Stores shares in the market.
EDAG Engineering Group (XTRA:ED4)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: EDAG Engineering Group AG specializes in the development of vehicles, derivatives, modules, and production facilities for the global automotive and commercial vehicle industries, with a market cap of €165 million.
Operations: EDAG Engineering Group AG generates revenue through its Vehicle Engineering segment (€488.72 million), Production Solutions segment (€280.93 million), and Electrics/Electronics segment (€102.73 million).
Dividend Yield: 8%
EDAG Engineering Group's dividend yield of 8.04% ranks in the top 25% of German market payers, yet its payments have been unstable over nine years. The payout ratio is reasonable at 65.1%, suggesting dividends are covered by earnings, while a low cash payout ratio of 18% indicates strong coverage by cash flows. However, recent earnings declines and revised revenue guidance for fiscal year 2024 raise concerns about future dividend sustainability amidst challenging market conditions.
- Unlock comprehensive insights into our analysis of EDAG Engineering Group stock in this dividend report.
- The valuation report we've compiled suggests that EDAG Engineering Group's current price could be quite moderate.
Next Steps
- Embark on your investment journey to our 1999 Top 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.
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Searching for a Fresh Perspective?
- 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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About SHSE:600761
Anhui HeliLtd
Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China.
Adequate balance sheet average dividend payer.