As global markets grapple with cautious Federal Reserve commentary and political uncertainties, investors are increasingly seeking stability amidst the volatility. With U.S. stocks experiencing broad-based declines and concerns over future rate cuts, dividend stocks offer a potential source of reliable income, appealing to those looking for steady returns in uncertain times.
Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Security Bank Corporation, with a market cap of ₱66.31 billion, offers banking and financial products and services to wholesale and retail clients in the Philippines through its subsidiaries.
Operations: Security Bank's revenue segments include Retail Banking at ₱2.86 billion, Business Banking at ₱1.56 billion, and Wholesale Banking at ₱7.61 billion, while Financial Markets reported a negative contribution of -₱0.53 billion.
Dividend Yield: 3.4%
Security Bank Corporation's recent earnings report showed an increase in net interest income and net income, supporting its ability to cover dividends with a low payout ratio of 22.6%. Despite a PHP 1.50 per share cash dividend declaration, the bank's dividend history is marked by volatility and unreliability over the past decade. The stock trades below estimated fair value but offers a lower yield compared to top-tier Philippine dividend payers, while maintaining high non-performing loans at 3.4%.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mildef Crete Inc. is engaged in the research, design, manufacturing, sale, import, and export of computer software, hardware, and components across Taiwan and various international markets with a market cap of NT$5.04 billion.
Operations: Mildef Crete Inc.'s revenue segment includes NT$2.96 billion from computer hardware.