In a week marked by significant earnings reports and economic data, global markets experienced a mix of highs and lows, with major U.S. indexes like the Nasdaq Composite and S&P MidCap 400 reaching record intraday levels before retreating. Amidst these fluctuations, investors are increasingly turning their attention to dividend stocks as a potential source of steady income in uncertain times. In this environment, selecting dividend stocks with solid yields can offer stability and potential returns even when market conditions are volatile.
Name
Dividend Yield
Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)
5.29%
★★★★★★
Financial Institutions (NasdaqGS:FISI)
4.96%
★★★★★★
Innotech (TSE:9880)
4.82%
★★★★★★
Business Brain Showa-Ota (TSE:9658)
4.18%
★★★★★★
Premier Financial (NasdaqGS:PFC)
5.10%
★★★★★★
Kwong Lung Enterprise (TPEX:8916)
6.36%
★★★★★★
James Latham (AIM:LTHM)
5.94%
★★★★★★
Citizens & Northern (NasdaqCM:CZNC)
5.94%
★★★★★★
GakkyushaLtd (TSE:9769)
4.63%
★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)
5.00%
★★★★★★
Click here to see the full list of 2022 stocks from our Top Dividend Stocks screener.
Let’s review some notable picks from our screened stocks.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Nonferrous Mining Corporation Limited is an investment holding company involved in the exploration, mining, ore processing, leaching, smelting, and sale of copper products such as cathodes and anodes with a market cap of approximately HK$23.30 billion.
Operations: China Nonferrous Mining Corporation Limited generates revenue from its leaching segment with $1.04 billion and its smelting segment with $2.77 billion.
Dividend Yield: 3.9%
China Nonferrous Mining presents a mixed picture for dividend investors. Despite trading at 75.6% below estimated fair value and having dividends covered by earnings and cash flows, the company’s dividend history is volatile with unreliable past payments. Recent results show a profit increase of US$314 million for the nine months ending September 2024, up 23% year-on-year, indicating potential financial stability despite production challenges in copper cathodes and cobalt.
SEHK:1258 Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ningbo Sunrise Elc Technology Co., Ltd manufactures and sells precision components, with a market cap of CN¥5.39 billion.
Operations: Ningbo Sunrise Elc Technology Co., Ltd generates its revenue from the manufacturing and sale of precision components.
Dividend Yield: 3.3%
Ningbo Sunrise Elc Technology Ltd’s dividend payments are well-covered by earnings with a payout ratio of 33.4%, and its cash payout ratio stands at 81.1%. The company’s dividend yield of 3.31% ranks in the top 25% within the CN market, though its six-year dividend history is marked by volatility and unreliability. Recent earnings reports show stable net income growth, reaching CNY 192.44 million for the nine months ending September 2024, indicating potential financial stability despite revenue fluctuations.
SZSE:002937 Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Scroll Corporation operates in Japan’s mail-order and e-commerce sectors, with a market capitalization of ¥34.43 billion.
Operations: Scroll Corporation’s revenue primarily derives from its Solution Business at ¥41.60 billion, Mail Order Business at ¥25.17 billion, E-Commerce Business at ¥14.74 billion, and Group-Controlled Business at ¥3.43 billion.
Dividend Yield: 4.8%
Scroll Corporation’s dividend yield of 4.79% places it among the top quartile of dividend payers in Japan, supported by a low payout ratio of 15.2%, indicating strong earnings coverage. Despite this, its dividends have been volatile over the past decade, with significant annual drops exceeding 20%. The cash payout ratio is also low at 29.8%, suggesting dividends are well-covered by cash flows, though the overall track record remains unstable and unreliable.
TSE:8005 Dividend History as at Nov 2024
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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 SEHK:1258 SZSE:002937 and TSE:8005.
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