As global markets reach new heights, buoyed by favorable trade deals and robust business activity in the services sector, investors are keenly observing the dynamics that drive stock performance. With indices like the S&P 500 and Nasdaq Composite hitting record highs, dividend stocks continue to attract attention for their potential to provide steady income amidst economic growth and fluctuating market conditions. In this environment, a good dividend stock is often characterized by a strong track record of consistent payouts and resilience during economic shifts.
Top 10 Dividend Stocks Globally
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 4.23% | ★★★★★★ |
| NCD (TSE:4783) | 4.10% | ★★★★★★ |
| Japan Excellent (TSE:8987) | 4.21% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.43% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 4.21% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.40% | ★★★★★★ |
| Daicel (TSE:4202) | 4.58% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.94% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.56% | ★★★★★★ |
| Allianz (XTRA:ALV) | 4.51% | ★★★★★★ |
Click here to see the full list of 1484 stocks from our Top Global Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Viking Tech (TPEX:3624)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Viking Tech Corporation designs, manufactures, and markets electronic components in Taiwan and internationally, with a market cap of NT$3.91 billion.
Operations: Viking Tech Corporation's revenue primarily comes from its Electronic Components & Parts segment, totaling NT$2.61 billion.
Dividend Yield: 3.4%
Viking Tech's dividend payments have been volatile over the past decade, with a payout ratio of 57.9%, indicating coverage by earnings. The cash payout ratio stands at 44.5%, suggesting dividends are well covered by cash flows. Despite a lower yield of 3.36% compared to the top quartile in Taiwan, dividends have increased over ten years. Recent leadership changes and charter amendments may impact future strategies but don't directly affect current dividend sustainability.
- Take a closer look at Viking Tech's potential here in our dividend report.
- Insights from our recent valuation report point to the potential overvaluation of Viking Tech shares in the market.
Eagle IndustryLtd (TSE:6486)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Eagle Industry Co., Ltd. and its subsidiaries manufacture, market, and sell mechanical seals, special valves, and other sealed products both in Japan and internationally, with a market cap of ¥87.12 billion.
Operations: Eagle Industry Co., Ltd.'s revenue segments include the Automobile and Construction Machinery Industries at ¥87.76 billion, General Machinery Industry (excluding Semiconductor Business) at ¥40.97 billion, Marine Industry at ¥18.06 billion, Semiconductor Industry at ¥12.58 billion, and Aerospace Industry at ¥9.11 billion.
Dividend Yield: 4.4%
Eagle Industry Ltd.'s dividends have been stable and growing over the past decade, though a high payout ratio of 93% indicates they are not well covered by earnings. The cash payout ratio is also high at 190.6%, suggesting limited coverage by cash flows. Despite this, the dividend yield of 4.42% ranks in Japan's top quartile. Recent guidance revisions indicate improved financial performance, potentially impacting future dividend sustainability positively.
- Dive into the specifics of Eagle IndustryLtd here with our thorough dividend report.
- Our valuation report unveils the possibility Eagle IndustryLtd's shares may be trading at a premium.
Nihon Dempa Kogyo (TSE:6779)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nihon Dempa Kogyo Co., Ltd. manufactures and sells quartz crystal devices across Japan, the rest of Asia, Europe, and North America with a market capitalization of ¥19.09 billion.
Operations: Nihon Dempa Kogyo Co., Ltd. generates its revenue through the production and distribution of quartz crystal devices across various regions, including Japan, Asia, Europe, and North America.
Dividend Yield: 3.6%
Nihon Dempa Kogyo offers a dividend of JPY 15.00 per share, consistent with previous years, and maintains a payout ratio of 38.6%, indicating dividends are well covered by earnings and cash flows. Despite trading at a value below its estimated fair value, the dividend yield is lower than Japan's top quartile. While earnings are forecasted to grow annually by 16.78%, the company's dividend history has been volatile over the past decade, raising concerns about reliability.
- Delve into the full analysis dividend report here for a deeper understanding of Nihon Dempa Kogyo.
- Our expertly prepared valuation report Nihon Dempa Kogyo implies its share price may be lower than expected.
Taking Advantage
- Unlock our comprehensive list of 1484 Top Global 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.
- Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Curious About Other Options?
- 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 Eagle IndustryLtd 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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