In light of recent global market fluctuations, including the Federal Reserve's cautious stance on future rate cuts and the looming threat of a U.S. government shutdown, investors are increasingly looking towards dividend stocks as a potential source of steady income. Amidst this backdrop, identifying stocks with reliable dividend yields can be an attractive strategy for those seeking stability in uncertain times.
Click here to see the full list of 1968 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: SNT Holdings CO., LTD operates in the auto parts and industrial facilities sectors, with a market cap of ₩328.96 billion.
Operations: SNT Holdings CO., LTD generates revenue from its Vehicle Parts segment at ₩1.27 billion and Industrial Equipment segment at ₩286.84 million.
Dividend Yield: 4.8%
SNT Holdings' dividends are well-covered by earnings and cash flows, with low payout ratios of 10.1% and 15.3%, respectively, indicating sustainability. However, the dividend has been volatile over its five-year history, dropping annually by over 20%. Despite this instability, it offers a competitive yield in the top 25% of the KR market. Recent earnings growth supports potential future payments but does not guarantee stability or growth in dividends.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mizrahi Tefahot Bank Ltd. offers a variety of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally with a market cap of ₪41.22 billion.
Operations: Mizrahi Tefahot Bank Ltd. generates its revenue through a diverse array of banking services catering to individual and business clients across Israel, Switzerland, and other international markets.