3 Reliable Dividend Stocks Yielding Up To 5.9%
In This Article:
In the wake of recent global market developments, U.S. stocks have rallied to record highs, fueled by optimism around potential growth and tax reforms following a significant political shift. As investors navigate this evolving landscape with an eye on economic policies and interest rate changes, dividend stocks offer a compelling option for those seeking stable income streams amidst market volatility. A good dividend stock is typically characterized by consistent payouts and robust financial health, making it an attractive choice in times of economic uncertainty.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (NasdaqGS:PEBO) | 4.51% | ★★★★★★ |
| Globeride (TSE:7990) | 4.18% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 6.69% | ★★★★★★ |
| Financial Institutions (NasdaqGS:FISI) | 4.44% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.83% | ★★★★★★ |
| James Latham (AIM:LTHM) | 6.13% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.39% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.49% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.84% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.91% | ★★★★★★ |
Click here to see the full list of 1955 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Mersen
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mersen S.A. is a company that manufactures and sells electrical power products and advanced materials across various regions including France, North America, Europe, and the Asia-Pacific, with a market cap of approximately €499.37 million.
Operations: Mersen S.A.'s revenue is derived from two main segments: Electrical Power, which generates €545.50 million, and Advanced Materials, contributing €681.70 million.
Dividend Yield: 5.9%
Mersen offers a high dividend yield of 5.91%, placing it in the top 25% of French dividend payers. However, its dividends have been unreliable and volatile over the past decade, with coverage issues due to insufficient free cash flows despite a low payout ratio of 39.5%. While earnings have grown modestly by 0.1% and are forecasted for further growth, investors should be cautious about sustainability given these factors.
Oversea-Chinese Banking
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Oversea-Chinese Banking Corporation Limited, along with its subsidiaries, provides financial services across Singapore, Malaysia, Indonesia, Greater China, the rest of the Asia Pacific region and internationally; it has a market cap of SGD73.96 billion.