Yahoo Finance Gulf Oil Lubricants India And Two More Leading Dividend Stocks
As global markets exhibit mixed signals with the S&P 500 reaching new highs and certain sectors showing cautious spending, investors might consider the stability offered by dividend stocks. In times of market fluctuation, dividend-paying stocks can provide a potential source of steady income and long-term value growth.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Allianz (XTRA:ALV) | 5.32% | ★★★★★★ |
Yamato Kogyo (TSE:5444) | 3.80% | ★★★★★★ |
Guaranty Trust Holding (NGSE:GTCO) | 7.27% | ★★★★★★ |
Globeride (TSE:7990) | 3.67% | ★★★★★★ |
HITO-Communications HoldingsInc (TSE:4433) | 3.47% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.75% | ★★★★★★ |
Kwong Lung Enterprise (TPEX:8916) | 5.95% | ★★★★★★ |
Banque Cantonale Vaudoise (SWX:BCVN) | 4.45% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.12% | ★★★★★★ |
Innotech (TSE:9880) | 3.99% | ★★★★★★ |
Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of from the screener.
Gulf Oil Lubricants India
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Gulf Oil Lubricants India Limited is engaged in the manufacturing, marketing, and trading of lubricants for the automobile and industrial sectors in India, with a market capitalization of approximately ₹51.04 billion.
Operations: Gulf Oil Lubricants India Limited generates its revenue primarily from the sale of lubricants, totaling ₹33.01 billion.
Dividend Yield: 3.5%
Gulf Oil Lubricants India has demonstrated a mixed track record in its dividend payments, with notable volatility over the past decade. Despite this, the company's dividends are well-covered by both earnings and cash flows, with a payout ratio of 57.4% and a cash payout ratio of 62.7%. Recent financial performance shows robust growth, with net income rising to INR 3,079.61 million for FY2024 from INR 2,323.04 million the previous year. The firm trades at a favorable price-to-earnings ratio of 18.4x compared to the broader Indian market's 32.5x, indicating good relative value among peers.
Winstek Semiconductor
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Winstek Semiconductor Co., Ltd. operates in Taiwan, focusing on the research, development, and testing of integrated circuits, with a market capitalization of approximately NT$19.28 billion.
Operations: Winstek Semiconductor Co., Ltd. generates revenue primarily through its packaging and testing segments, totaling NT$2.62 billion and NT$1.57 billion respectively.
Dividend Yield: 3.4%
Winstek Semiconductor has experienced a 5.1% growth in earnings over the past year, yet its dividend history shows inconsistency with payments fluctuating significantly. Recently, dividends were cut to TWD 4.8 per share despite solid quarterly results showing increased sales and net income. Its dividend coverage remains reasonable with a payout ratio of 71.6% and cash payout ratio of 52.9%, suggesting sustainability from an earnings perspective, though its yield at 3.39% trails behind top market performers in Taiwan.
DMW
Simply Wall St Dividend Rating: ★★★★★☆
Overview: DMW Corporation specializes in the manufacture and sale of fluid machinery, operating both in Japan and internationally, with a market capitalization of ¥16.38 billion.
Operations: DMW Corporation generates its revenue from the global manufacture and sales of fluid machinery.
Dividend Yield: 3.1%
DMW offers a stable dividend yield of 3.08%, consistently paid and increased over the last decade, demonstrating reliability in shareholder returns. The dividends are well-supported by earnings with a low payout ratio of 16.9% and cash flows with a cash payout ratio of 45.6%. Despite trading at 30% below its estimated fair value, DMW's dividend yield remains slightly lower than the top quartile in the Japanese market, which stands at 3.44%.
Turning Ideas Into Actions
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NSEI:GULFOILLUB TPEX:3265 and TSE:6365.
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