Three Must-Know Dividend Stocks For Your Portfolio

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With global markets experiencing a rebound following recent sell-offs and central banks adjusting interest rates to navigate economic uncertainties, investors are increasingly looking for stable income sources. In such a dynamic environment, dividend stocks can provide a reliable stream of income and potential for capital appreciation. A good dividend stock typically offers consistent payouts, strong financial health, and the ability to weather market fluctuations—qualities that are particularly valuable amid current economic conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.96%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.12%

★★★★★★

Mitsubishi Research Institute (TSE:3636)

3.96%

★★★★★★

CAC Holdings (TSE:4725)

4.63%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.74%

★★★★★★

E J Holdings (TSE:2153)

3.85%

★★★★★★

Kwong Lung Enterprise (TPEX:8916)

6.23%

★★★★★★

James Latham (AIM:LTHM)

5.90%

★★★★★★

GakkyushaLtd (TSE:9769)

4.49%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.85%

★★★★★★

Click here to see the full list of 2128 stocks from our Top Dividend Stocks screener.

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

Industria de Diseño Textil

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

Overview: Industria de Diseño Textil, S.A. operates in the retail and online distribution of clothing, footwear, accessories, and household products with a market cap of €156.92 billion.

Operations: Industria de Diseño Textil, S.A. generates revenue from its segments as follows: Bershka: €2.83 billion and Zara/Zara Home: €26.88 billion.

Dividend Yield: 3.1%

Industria de Diseño Textil, S.A. reported a half-year net income of €2.77 billion, up from €2.51 billion last year, with basic earnings per share rising to €0.889 from €0.807. The company's dividend payout ratio is 57.5%, covered by earnings and cash flows (75.6% cash payout ratio). However, its 3.06% dividend yield is lower than the top quartile in Spain (5.56%), and dividends have been volatile over the past decade despite recent growth trends.

BME:ITX Dividend History as at Sep 2024
BME:ITX Dividend History as at Sep 2024

Oriental Weavers Carpets Company (S.A.E)

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

Overview: Oriental Weavers Carpets Company (S.A.E), with a market cap of EGP16.96 billion, manufactures and sells carpets, rugs, and related raw materials globally through its subsidiaries.

Operations: Oriental Weavers Carpets Company (S.A.E) generates revenue primarily from the manufacturing and sale of carpets, rugs, and related raw materials on a global scale.

Dividend Yield: 4.9%

Oriental Weavers Carpets Company (S.A.E) reported significant earnings growth, with Q2 2024 net income rising to EGP 820.76 million from EGP 289.83 million a year ago. The company maintains a stable dividend history over the past decade and increased its dividend payments during this period. Its dividends are well-covered by earnings (38.3% payout ratio) and cash flows (29.9% cash payout ratio). However, the current yield of 4.9% is below Egypt's top quartile of dividend payers at 6.78%.

CASE:ORWE Dividend History as at Sep 2024
CASE:ORWE Dividend History as at Sep 2024

Selena FM

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

Overview: Selena FM S.A. produces, distributes, and sells construction chemicals, building materials for doors and windows, and general building accessories to both professional and individual users with a market cap of PLN893.70 million.

Operations: Selena FM S.A. generates revenue through its subsidiaries by offering construction chemicals, building materials for doors and windows, and general building accessories to both professional and individual users.

Dividend Yield: 3.6%

Selena FM's dividend payments have been volatile and unreliable over the past decade. However, its dividends are well-covered by earnings (39.3% payout ratio) and cash flows (23.8% cash payout ratio). Despite a low dividend yield of 3.63%, recent earnings growth is notable, with Q2 2024 net income rising to PLN 25.09 million from PLN 11.89 million a year ago, indicating potential for future stability in payouts.

WSE:SEL Dividend History as at Sep 2024
WSE:SEL Dividend History as at Sep 2024

Turning Ideas Into Actions

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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.

Companies discussed in this article include BME:ITX CASE:ORWE and WSE:SEL.

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