In This Article:
In a week marked by busy earnings reports and fluctuating economic signals, global markets saw major indices finish mostly lower, with growth stocks lagging behind value shares. Amidst this backdrop of volatility and cautious investor sentiment, dividend stocks present a compelling option for those seeking steady income streams. A good dividend stock often combines a reliable yield with the potential for long-term stability, making it an attractive choice in uncertain market conditions.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.31% | ★★★★★★ |
| Mitsubishi Shokuhin (TSE:7451) | 3.86% | ★★★★★★ |
| Globeride (TSE:7990) | 4.12% | ★★★★★★ |
| Intelligent Wave (TSE:4847) | 3.97% | ★★★★★★ |
| Innotech (TSE:9880) | 4.86% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.62% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 4.22% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.57% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.59% | ★★★★★★ |
| KurimotoLtd (TSE:5602) | 5.10% | ★★★★★★ |
Click here to see the full list of 2037 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Univanich Palm Oil
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Univanich Palm Oil Public Company Limited operates oil palm plantations, crushing mills, and engages in oil palm research and seed businesses in Thailand, with a market cap of THB8.55 billion.
Operations: Univanich Palm Oil Public Company Limited generates revenue through its operations in oil palm plantations, crushing mills, and oil palm research and seed businesses.
Dividend Yield: 8.2%
Univanich Palm Oil's dividend payments are supported by earnings and cash flows, with payout ratios of 71.3% and 73.6%, respectively. Despite offering a high dividend yield of 8.24%, which is above the market average, its dividends have been volatile over the past decade, affecting reliability perceptions. Recent financials show improved net income for Q2 at THB 664.79 million, indicating potential strength in earnings capacity to support future dividends despite being dropped from the S&P Global BMI Index recently.
Sinon
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Sinon Corporation manufactures and sells various chemicals and fertilizers, with a market cap of NT$18.17 billion.
Operations: Sinon Corporation generates revenue through its Supermarket Department (NT$4.20 billion) and Plant Protection Department (NT$11.67 billion).