Positivo Tecnologia And Two Other Top Dividend Stocks

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As global markets navigate through a period of mixed performances and anticipatory adjustments ahead of key economic events, investors are closely monitoring various sectors for stability and growth opportunities. In this context, dividend stocks like Positivo Tecnologia often attract attention for their potential to offer regular income streams during uncertain times.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Yamato Kogyo (TSE:5444)

3.74%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.62%

★★★★★★

Chongqing Rural Commercial Bank (SEHK:3618)

8.01%

★★★★★★

Ping An Bank (SZSE:000001)

7.21%

★★★★★★

Allianz (XTRA:ALV)

5.28%

★★★★★★

Globeride (TSE:7990)

3.89%

★★★★★★

HITO-Communications HoldingsInc (TSE:4433)

3.39%

★★★★★★

KurimotoLtd (TSE:5602)

5.25%

★★★★★★

DoshishaLtd (TSE:7483)

3.54%

★★★★★★

Innotech (TSE:9880)

3.99%

★★★★★★

Click here to see the full list of 1989 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Positivo Tecnologia

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

Overview: Positivo Tecnologia S.A. is a company based in Brazil that specializes in developing, trading, and industrializing information technology solutions both domestically and internationally, with a market capitalization of approximately R$1.22 billion.

Operations: Positivo Tecnologia S.A. generates revenue through three primary segments: Consumer (R$901.62 million), Corporate (R$828.86 million), and Public Institutions (R$2.40 billion).

Dividend Yield: 5.9%

Positivo Tecnologia has demonstrated a robust financial performance with its Q1 earnings soaring to BRL 63.96 million from BRL 7.54 million year-over-year, driven by significant sales growth. While the company's dividend yield at 5.91% trails behind the top Brazilian market payers, it maintains a sustainable payout with low payout ratios (37.7% earnings and 25.2% cash flow). However, dividends have shown volatility over the past decade, raising concerns about their reliability despite recent positive financial outcomes and strategic moves like mergers and acquisitions signaled in June 2024.

BOVESPA:POSI3 Dividend History as at Jul 2024
BOVESPA:POSI3 Dividend History as at Jul 2024

Italtile

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

Overview: Italtile Limited is a South African company that manufactures and retails tiles, bathroom ware, and related products, with a market capitalization of approximately ZAR 14.57 billion.

Operations: Italtile Limited generates revenue through its retail operations with ZAR 5.22 billion, manufacturing activities amounting to ZAR 5.20 billion, and supply and support services contributing ZAR 2.34 billion.