3 Reliable Dividend Stocks Yielding Up To 8.7%
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In the current climate of market volatility and economic uncertainty, investors are seeking stability and reliable income streams. Dividend stocks, known for their consistent payouts, can offer a dependable source of returns even when markets fluctuate.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.04% | ★★★★★★ |
| Allianz (XTRA:ALV) | 5.33% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 4.00% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 7.03% | ★★★★★★ |
| Huntington Bancshares (NasdaqGS:HBAN) | 4.60% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.25% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 5.39% | ★★★★★★ |
| KurimotoLtd (TSE:5602) | 5.12% | ★★★★★★ |
| James Latham (AIM:LTHM) | 5.85% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.63% | ★★★★★★ |
Click here to see the full list of 2082 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Banco Macro
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Banco Macro S.A. offers a range of banking products and services to retail and corporate customers in Argentina, with a market cap of ARS4.34 trillion.
Operations: Banco Macro S.A. generates ARS3.81 billion in revenue from its banking business segment, serving both retail and corporate clients in Argentina.
Dividend Yield: 8.8%
Banco Macro's dividend yield of 8.76% ranks in the top 25% of Argentine market payers, supported by a low payout ratio of 48.7%, indicating sustainability. Despite recent earnings growth and good relative value, its dividend history is marked by volatility and unreliability over the past decade. Recent affirmations confirm continued cash dividends with notable payouts scheduled through July 2024, though future earnings are forecasted to decline slightly over the next three years.
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Dive into the specifics of Banco Macro here with our thorough dividend report.
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Our valuation report unveils the possibility Banco Macro's shares may be trading at a discount.
Acter Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Acter Group Corporation Limited offers engineering services across Taiwan, Mainland China, and other Asian countries with a market cap of NT$34.74 billion.
Operations: Acter Group Corporation Limited's revenue segments are derived from engineering services provided in Taiwan, Mainland China, and other Asian countries.
Dividend Yield: 3.7%
Acter Group's dividend payments are well covered by earnings (payout ratio: 35.5%) and cash flows (cash payout ratio: 38.8%), indicating sustainability despite a volatile dividend history over the past decade. Recent news includes a confirmed cash dividend of TWD 744.49 million for H2 2023, payable on July 26, 2024. Additionally, Acter Group is trading at a significant discount to its estimated fair value, enhancing its appeal for value-focused investors.