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In a week marked by a flurry of earnings reports and economic data, global markets experienced some turbulence, with major indices like the Nasdaq Composite and S&P 500 seeing fluctuations amid cautious corporate forecasts. As investors navigate these volatile conditions, dividend stocks stand out for their potential to provide steady income streams regardless of market swings. In this context, identifying dividend stocks that offer attractive yields can be a prudent strategy for those looking to balance growth with income in their portfolios.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 5.29% | ★★★★★★ |
Financial Institutions (NasdaqGS:FISI) | 4.96% | ★★★★★★ |
Innotech (TSE:9880) | 4.83% | ★★★★★★ |
Business Brain Showa-Ota (TSE:9658) | 4.21% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 5.10% | ★★★★★★ |
Kwong Lung Enterprise (TPEX:8916) | 6.32% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.94% | ★★★★★★ |
James Latham (AIM:LTHM) | 5.83% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.64% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 5.03% | ★★★★★★ |
Click here to see the full list of 2022 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Metallurgical Corporation of China
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Metallurgical Corporation of China Ltd., along with its subsidiaries, operates in engineering contracting, property development, equipment manufacturing, and resource development both in China and globally, with a market cap of HK$72.02 billion.
Operations: Metallurgical Corporation of China Ltd. generates revenue through its operations in engineering contracting, property development, equipment manufacturing, and resource development across both domestic and international markets.
Dividend Yield: 4.4%
Metallurgical Corporation of China's dividend payments have been stable and reliable over the past decade, though its current yield of 4.43% is below the top tier in Hong Kong. Despite a low payout ratio of 29%, dividends are not covered by free cash flows, raising sustainability concerns. Recent earnings show a decline in sales to CNY 412.62 billion and net income to CNY 6.83 billion for the first nine months of 2024, reflecting pressure on margins and profitability.
NanJing Pharmaceutical
Simply Wall St Dividend Rating: ★★★★☆☆