3 Dividend Stocks To Consider With Up To 9.8% Yield
In This Article:
As global markets rebound from recent sell-offs and central banks adjust interest rates, investors are keenly observing opportunities for stable returns amidst economic shifts. With core inflation slightly higher than expected and treasury yields at year-to-date lows, dividend stocks offer a compelling option for those seeking steady income. In the current market environment, a good dividend stock is characterized by reliable payouts and the potential for growth. Here are three dividend stocks to consider, each offering yields of up to 9.8%.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Guaranty Trust Holding (NGSE:GTCO) | 6.90% | ★★★★★★ |
| Globeride (TSE:7990) | 4.37% | ★★★★★★ |
| Intelligent Wave (TSE:4847) | 3.84% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 5.11% | ★★★★★★ |
| Innotech (TSE:9880) | 4.91% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.53% | ★★★★★★ |
| Kwong Lung Enterprise (TPEX:8916) | 6.24% | ★★★★★★ |
| James Latham (AIM:LTHM) | 5.71% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.41% | ★★★★★★ |
| Banque Cantonale Vaudoise (SWX:BCVN) | 4.88% | ★★★★★★ |
Click here to see the full list of 2060 stocks from our Top Dividend Stocks screener.
We'll examine a selection from our screener results.
Clínica Baviera
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Clínica Baviera, S.A. is a medical company that operates a network of ophthalmology clinics and has a market cap of €601.56 million.
Operations: Clínica Baviera generates €243.31 million in revenue from its ophthalmology clinics.
Dividend Yield: 4.3%
Clínica Baviera reported half-year sales of €132.97 million and net income of €23.43 million, reflecting strong earnings growth. However, its dividend yield of 4.25% is low compared to the Spanish market's top payers and has been unreliable and volatile over the past decade. Despite this, dividends are covered by both earnings (66.6% payout ratio) and cash flows (65.5% cash payout ratio), indicating sustainability amidst a highly volatile share price recently.
Mari Petroleum
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mari Petroleum Company Limited explores for, produces, and sells hydrocarbons in Pakistan, with a market cap of PKR549.27 billion.
Operations: Mari Petroleum's revenue primarily comes from its Oil & Gas - Exploration & Production segment, which generated PKR159.73 billion.
Dividend Yield: 5.6%
Mari Petroleum's dividend payments have been volatile over the past decade, despite being covered by earnings (40% payout ratio) and cash flows (59.8% cash payout ratio). Earnings grew 37.7% last year, but are forecasted to decline by 6.5% annually over the next three years. The company recently reported net income of PKR 77.29 billion for FY2024, up from PKR 56.13 billion last year, and announced a stock split effective September 16, 2024.