3 Reliable Dividend Stocks Offering Up To 7.1% Yield
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In the wake of recent global market developments, U.S. stocks have surged to record highs, buoyed by optimism around growth prospects and tax reforms following a significant political shift. Amidst this backdrop of economic uncertainty and evolving fiscal policies, dividend stocks stand out as a stable investment option due to their potential for consistent income generation.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.51% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 6.90% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.03% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.10% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.47% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.41% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.68% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.53% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.84% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.37% | ★★★★★★ |
Click here to see the full list of 1939 stocks from our Top Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Logista Integral
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Logista Integral, S.A. operates as a distributor and logistics operator across Spain, France, Italy, Portugal, and Poland with a market cap of €3.88 billion.
Operations: Logista Integral, S.A. generates its revenue primarily from Tobacco and Related Products (€12.09 billion), followed by Transport (€889.98 million) and Pharmaceutical Distribution (€273.42 million).
Dividend Yield: 7.1%
Logista Integral proposed a total dividend of €2.09 per share for 2024, marking a 30% increase from the previous year. Despite this growth, the company's dividends have been historically volatile and are covered by earnings with an 89.5% payout ratio and cash flows at a 78.8% cash payout ratio. While Logista's dividend yield is among the top in Spain, its past volatility may concern some investors seeking stable income streams.
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Navigate through the intricacies of Logista Integral with our comprehensive dividend report here.
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Our valuation report here indicates Logista Integral may be undervalued.
DBS Group Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: DBS Group Holdings Ltd offers commercial banking and financial services across Singapore, Hong Kong, Greater China, South and Southeast Asia, and internationally, with a market cap of SGD120.42 billion.
Operations: DBS Group Holdings Ltd generates revenue from its commercial banking and financial services operations in Singapore, Hong Kong, Greater China, South and Southeast Asia, and other international markets.
Dividend Yield: 5.1%