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As global markets navigate a complex landscape marked by mixed earnings reports and fluctuating economic indicators, investors are increasingly turning their attention to stable income sources like dividend stocks. In the current environment, characterized by cautious optimism and strategic fiscal maneuvers, a good dividend stock is often defined by its ability to provide consistent payouts while maintaining resilience amid economic uncertainties.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.31% | ★★★★★★ |
| Mitsubishi Shokuhin (TSE:7451) | 3.86% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.29% | ★★★★★★ |
| Globeride (TSE:7990) | 4.12% | ★★★★★★ |
| Financial Institutions (NasdaqGS:FISI) | 4.96% | ★★★★★★ |
| Innotech (TSE:9880) | 4.86% | ★★★★★★ |
| 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 2030 stocks from our Top Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
Odfjell Drilling
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Odfjell Drilling Ltd. owns and operates mobile offshore drilling units mainly in Norway and Namibia, with a market cap of NOK12.40 billion.
Operations: Odfjell Drilling Ltd. generates its revenue from its Own Fleet, contributing $590.50 million, and External Fleet operations, which add $169 million.
Dividend Yield: 5.1%
Odfjell Drilling offers a reliable dividend yield of 5.11%, supported by a low payout ratio of 23.8% and a cash payout ratio of 30.4%, indicating strong coverage by earnings and cash flows. Despite trading below its estimated fair value, the stock's dividend yield is lower than top-tier Norwegian payers. Recent earnings growth, with net income rising to US$16.4 million in Q2 2024 from US$11.4 million the previous year, supports ongoing dividend stability and growth potential.
Bank of Shanghai
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bank of Shanghai Co., Ltd. offers a range of personal and corporate banking products and services mainly in Mainland China, with a market cap of CN¥116.07 billion.
Operations: Bank of Shanghai Co., Ltd.'s revenue segments include various personal and corporate banking products and services primarily in Mainland China.
Dividend Yield: 6.9%
Bank of Shanghai's dividend yield ranks in the top 25% of CN market payers, supported by a moderate payout ratio of 47.7%, indicating coverage by earnings. Although dividends have grown over seven years, stability is less established due to the short history. Earnings are projected to grow annually by 5.05%, enhancing future dividend sustainability. Recent earnings reports show stable net income growth, with CNY 17.59 billion for nine months ending September 2024, supporting its dividend profile amidst good relative stock value.