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3 Reliable Dividend Stocks To Consider With Up To 5.4% Yield

Updated: 28-10-2024, 02.41 PM

In recent weeks, global markets have experienced fluctuations as rising U.S. Treasury yields exert pressure on stocks, with the S&P 500 Index finishing lower after a streak of gains. Amidst this backdrop of cautious economic growth and shifting interest rate expectations, dividend stocks can offer a measure of stability and income for investors seeking reliable returns.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

7.12%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.27%

★★★★★★

Globeride (TSE:7990)

4.28%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

5.00%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.21%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.20%

★★★★★★

Kwong Lung Enterprise (TPEX:8916)

6.38%

★★★★★★

James Latham (AIM:LTHM)

5.97%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.89%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.85%

★★★★★★

Click here to see the full list of 2049 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

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

Overview: BasicNet S.p.A. operates in the sports and casual clothing, footwear, and accessories sectors across Europe, the Americas, Asia, Oceania, the Middle East, and Africa with a market cap of €187.49 million.

Operations: BasicNet S.p.A. generates revenue of €329.53 million from its segments in clothing, footwear, and accessories.

Dividend Yield: 3.9%

BasicNet’s dividend payments are well-covered by both earnings and cash flows, with payout ratios of 37.4% and 28.2% respectively, suggesting sustainability despite a volatile track record over the past decade. Recent earnings showed a decline in net income to €2.82 million from €7.43 million, potentially impacting future dividends if this trend continues. Trading below estimated fair value may offer some appeal, but its dividend yield of 3.92% is lower than top-tier Italian market payers.

BIT:BAN Dividend History as at Oct 2024
BIT:BAN Dividend History as at Oct 2024

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

Overview: Fauji Fertilizer Company Limited, along with its subsidiaries, is involved in the manufacturing, purchasing, and marketing of fertilizers and chemicals in Pakistan, with a market capitalization of PKR361.90 billion.

Operations: Fauji Fertilizer Company Limited generates revenue from several segments, including Fertilizers (PKR209.10 billion), Power (PKR16.52 billion), Food (PKR5.83 billion), and Technical Services (PKR466.76 million).

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