Wismilak Inti Makmur Leads Three Key Dividend Stocks

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As global markets exhibit a notably broad advance with record intraday highs across major indices, investors are keenly observing shifts in economic indicators and their implications for investment strategies. In this context, dividend stocks like Wismilak Inti Makmur continue to attract attention for their potential to offer steady returns amidst fluctuating market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Yamato Kogyo (TSE:5444)

3.73%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

7.03%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.60%

★★★★★★

Allianz (XTRA:ALV)

5.17%

★★★★★★

Tsubakimoto Chain (TSE:6371)

3.73%

★★★★★★

Globeride (TSE:7990)

3.76%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.54%

★★★★★★

James Latham (AIM:LTHM)

5.94%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.43%

★★★★★★

Innotech (TSE:9880)

4.04%

★★★★★★

Click here to see the full list of 1988 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Wismilak Inti Makmur

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

Overview: PT Wismilak Inti Makmur Tbk is a company based in Indonesia that manufactures and sells cigarettes both domestically and internationally, with a market capitalization of IDR 2.52 billion.

Operations: PT Wismilak Inti Makmur Tbk generates revenue primarily through its cigarette production, totaling IDR 4.64 billion, and its marketing and distribution activities, which contribute IDR 4.30 billion.

Dividend Yield: 8.8%

PT Wismilak Inti Makmur Tbk has a dividend yield of 8.81%, placing it in the top 25% of dividend payers in the Indonesian market. Despite this, its dividends have shown volatility and lack reliability over the past decade, with significant annual fluctuations exceeding 20%. The company's recent financial performance shows a slight decline in net income and basic earnings per share year-over-year as of Q1 2024. Additionally, while dividends are not well supported by free cash flow or earnings, they benefit from a relatively low payout ratio of 46.8%.

IDX:WIIM Dividend History as at Jul 2024
IDX:WIIM Dividend History as at Jul 2024

ACNB

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

Overview: ACNB Corporation, headquartered in the United States, is a financial holding company providing banking, insurance, and financial services to various customer segments with a market capitalization of approximately $318.61 million.

Operations: ACNB Corporation generates revenue through two primary segments: banking, which contributes $95.42 million, and insurance services, accounting for $9.53 million.