Discover Sonae SGPS And Two Other Leading Dividend Stocks

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As global markets navigate a landscape marked by record highs in U.S. indexes and geopolitical uncertainties, investors are increasingly seeking stable income sources amid fluctuating economic signals. In this context, dividend stocks like Sonae SGPS offer potential appeal by providing regular income streams, which can be particularly attractive during periods of economic volatility and market adjustments.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.98%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.31%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.60%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.40%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.93%

★★★★★★

E J Holdings (TSE:2153)

3.89%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.45%

★★★★★★

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Sonae SGPS

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Sonae SGPS operates in retail, financial services, technology, shopping centers, and telecommunications sectors with a market cap of €1.81 billion.

Operations: Sonae SGPS generates revenue from its key segments, including Sierra (€140.24 million), Worten (€1.36 billion), and Sonae MC (Including Maxmat and Sonae RP) (€7.19 billion).

Dividend Yield: 6%

Sonae SGPS offers a reliable dividend yield of 6.01%, supported by a low payout ratio of 29.3% and cash payout ratio of 27.8%, indicating sustainability from both earnings and cash flows. Despite recent earnings growth, future earnings are expected to decline by an average of 8.3% annually over the next three years, though revenue is forecasted to grow at 4.86%. The company trades at a favorable price-to-earnings ratio of 4.7x compared to the Portuguese market's average, enhancing its relative value appeal for dividend investors seeking stability with some growth potential in revenue streams.

ENXTLS:SON Dividend History as at Nov 2024
ENXTLS:SON Dividend History as at Nov 2024

Amano

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Amano Corporation operates in the time information, parking, environmental, and cleaning systems sectors both in Japan and internationally, with a market cap of ¥303.48 billion.

Operations: Amano Corporation's revenue is primarily derived from its Time Information System Business, which contributes ¥129.36 billion, and its Environment-Related Systems Business, which adds ¥37.57 billion.