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.
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)
Let’s explore several standout options from the results in the screener.
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.
BME:LOG Dividend History as at Nov 2024
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%
DBS Group Holdings’ dividend yield of 5.1% is below the top quartile in Singapore, and its dividend history has been volatile with significant drops over the past decade. However, dividends are currently covered by earnings with a 55.2% payout ratio and are forecasted to remain sustainable at 64%. Recent earnings growth supports this stability, with third-quarter net income rising to SGD 3.03 billion. A share buyback program worth SGD 3 billion further underscores capital management efforts.
SGX:D05 Dividend History as at Nov 2024
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nittoseiko Co., Ltd. manufactures and sells industrial fasteners, tools, machinery, precision equipment, and measurement control equipment both in Japan and internationally with a market cap of ¥22.15 billion.
Operations: Nittoseiko Ltd. generates revenue from several segments, including Fasteners at ¥32.63 billion, Control Systems at ¥6.41 billion, Industrial Machinery at ¥5.64 billion, and Medical products at ¥9.93 million.
Dividend Yield: 3.1%
Nittoseiko Ltd.’s dividend yield of 3.14% is below the top quartile in Japan, and its dividend history has been volatile over the past decade. Despite this, dividends are well-covered by earnings with a payout ratio of 35.6% and cash flows at 57.4%. The stock trades at a significant discount to estimated fair value, suggesting potential for appreciation. Recent earnings growth supports future stability in dividend payments despite historical volatility concerns.
TSE:5957 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 BME:LOG SGX:D05 and TSE:5957.
