In a week marked by a flurry of earnings reports and economic data, global markets have experienced notable fluctuations, with major indexes like the Nasdaq Composite and S&P MidCap 400 reaching highs before retreating. Amid this backdrop of uncertainty, investors often turn to dividend stocks as a potential source of steady income. In today's market environment, characterized by cautious optimism and mixed signals from both economic indicators and corporate earnings, selecting dividend stocks yielding between 3% and 6.4% can provide an appealing balance between risk and reward for those seeking reliable returns in their portfolios.
Click here to see the full list of 2037 stocks from our Top Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sinoma International Engineering Co., Ltd operates in engineering, equipment manufacturing and supply both in China and internationally, with a market cap of CN¥27.93 billion.
Operations: Sinoma International Engineering Co., Ltd generates revenue primarily from its Heavy Construction segment, amounting to CN¥46.02 billion.
Dividend Yield: 3.8%
Sinoma International Engineering Ltd. reported a slight increase in sales and net income for the nine months ending September 2024, with earnings per share improving marginally. Despite being valued below its estimated fair value and offering a top-tier dividend yield of 3.78% in the Chinese market, its dividend history is marked by volatility and unreliability over the past decade. However, dividends are well-covered by earnings and cash flows, suggesting sustainability despite past inconsistencies.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Idemitsu Kosan Co., Ltd. operates in the petroleum, basic chemicals, functional materials, power and renewable energy, and resources sectors both in Japan and internationally, with a market cap of ¥1.38 trillion.