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Çimsa Çimento Sanayi ve Ticaret And Two More Top Dividend Stocks

As global markets continue to navigate through a landscape marked by cooling labor markets and fluctuating interest rates, investors are increasingly looking for stable returns in their portfolios. Dividend stocks like Çimsa Çimento Sanayi ve Ticaret offer the potential for regular income, which can be particularly appealing in times of economic uncertainty and market adjustments.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Wuliangye YibinLtd (SZSE:000858)

3.71%

★★★★★★

Premier Financial (NasdaqGS:PFC)

6.32%

★★★★★★

Allianz (XTRA:ALV)

5.29%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.31%

★★★★★★

Globeride (TSE:7990)

3.89%

★★★★★★

HITO-Communications HoldingsInc (TSE:4433)

3.42%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.62%

★★★★★★

James Latham (AIM:LTHM)

6.25%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.47%

★★★★★★

Innotech (TSE:9880)

3.98%

★★★★★★

Click here to see the full list of 2005 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Çimsa Çimento Sanayi ve Ticaret

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

Overview: Çimsa Çimento Sanayi ve Ticaret A.S. is a Turkish company engaged in the production and sale of cement, clinker, and ready-mix concrete, with a market capitalization of approximately TRY 31.60 billion.

Operations: Çimsa Çimento Sanayi ve Ticaret A.S. generates revenue primarily through its cement and ready-mixed concrete segments, recording TRY 17.88 billion and TRY 3.15 billion respectively.

Dividend Yield: 3.2%

Çimsa Çimento Sanayi ve Ticaret has demonstrated a capacity to grow, with recent sales increasing to TRY 5.32 billion from TRY 4.80 billion year-over-year, and net income also rising to TRY 362.61 million from TRY 319.05 million. However, the company's net profit margin has declined to 12.1% from last year’s 17.6%. While Çimsa's dividend yield of 3.16% ranks in the top quartile in its market, its dividend history shows volatility and payments are not well-covered by cash flow or free cash flows, posing potential risks for sustainability despite a reasonable payout ratio of 39.5%.

IBSE:CIMSA Dividend History as at Jul 2024
IBSE:CIMSA Dividend History as at Jul 2024

One Software Technologies

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

Overview: One Software Technologies Ltd, trading under the ticker TASE:ONE, is a company that offers software, hardware, and integration services with a market capitalization of approximately ₪3.50 billion.

Operations: One Software Technologies Ltd generates revenue primarily through three segments: Segment Adjustment (₪2.21 billion), Infrastructure and Computing Solutions (₪1.23 billion), and Outsourcing of Business Processes and Technological Support Centers (₪322.44 million).

Dividend Yield: 3.3%

One Software Technologies offers a modest dividend yield of 3.26%, which is below the top quartile in the Israeli market. While its dividends are supported by both earnings and cash flows, with payout ratios of 65.9% and 35.5% respectively, the company's history of dividend payments has been inconsistent over the past decade, marked by volatility and lack of growth stability. Recent financials show an increase in net income to ILS 52.72 million from ILS 44.52 million year-over-year, suggesting some operational improvement despite past dividend irregularities.

TASE:ONE Dividend History as at Jul 2024
TASE:ONE Dividend History as at Jul 2024

Syscom Computer Engineering

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

Overview: Syscom Computer Engineering Co. specializes in providing information technology services globally, with a market capitalization of NT$6.82 billion.

Operations: Syscom Computer Engineering Co. generates revenue primarily through its operating segment, which contributed NT$6.28 billion, and a smaller individual business segment controlled by the company, adding another NT$0.30 billion.

Dividend Yield: 3.4%

Syscom Computer Engineering recently approved dividends of TWD 240 million, set for distribution in August 2024. Despite this increase, the company's dividend history over the last decade has been marked by volatility and unreliable growth. The dividends are currently supported by earnings and cash flows with a payout ratio of 85.9% and a cash payout ratio of 78%. However, Syscom's dividend yield of 3.45% remains below the top quartile in Taiwan's market average of 4.19%.

TWSE:2453 Dividend History as at Jul 2024
TWSE:2453 Dividend History as at Jul 2024

Taking Advantage

  • Click through to start exploring the rest of the 2002 Top Dividend Stocks now.

  • Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.

  • Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Want To Explore Some Alternatives?

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 IBSE:CIMSATASE:ONETWSE:2453.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com