3 Dividend Stocks Offering Yields As High As 7.8%

As global markets navigate a mixed landscape of fluctuating consumer confidence and economic indicators, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In the current environment, characterized by moderate gains in major stock indices and rising Treasury yields, selecting dividend stocks with attractive yields can be an effective strategy for those seeking to balance growth with income stability.

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.05%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
CAC Holdings (TSE:4725)	4.84%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.45%	★★★★★★
GakkyushaLtd (TSE:9769)	4.38%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.83%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.38%	★★★★★★
E J Holdings (TSE:2153)	3.82%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.02%	★★★★★★

Click here to see the full list of 1958 stocks from our Top Dividend Stocks screener.

Let’s uncover some gems from our specialized screener.

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

Overview: Tenaris S.A. manufactures and distributes steel pipes for the energy industry and other industrial applications across various regions, with a market cap of €20.11 billion.

Operations: The revenue for Tenaris S.A. primarily comes from its Tubes segment, which generated $12.31 billion.

Dividend Yield: 3.5%

Tenaris offers a dividend yield of 3.54%, which is lower than the top quartile of Italian dividend payers. The company’s dividends are well-covered by both earnings and cash flow, with a payout ratio of 29%. Despite recent increases, its dividend track record has been volatile over the past decade. Recent guidance suggests potential sales and EBITDA recovery in 2025, supported by North American and Middle Eastern market improvements.

BIT:TEN Dividend History as at Jan 2025

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

Overview: Zignago Vetro S.p.A. and its subsidiaries produce, market, and sell hollow glass containers in Italy, Europe, and internationally with a market cap of €845.87 million.

Operations: The revenue segments for Zignago Vetro S.p.A. include €19.39 million from Vetro Revet Srl, €334.19 million from Zignago Vetro SpA, €67.66 million from Zignago Vetro Brosse SAS, and €87.80 million from Zignago Vetro Polska S.A., with a segment adjustment of -€53.22 million.

Dividend Yield: 7.8%

Zignago Vetro’s dividend yield of 7.84% ranks in the top 25% among Italian dividend stocks, but its sustainability is questionable due to a high payout ratio (112.4%) and cash payout ratio (109%), indicating dividends aren’t well-covered by earnings or cash flow. Despite stable and growing dividends over the past decade, recent financial results show declining sales and net income, potentially impacting future dividend reliability amidst trading at a good value relative to peers.

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

Overview: Peninsula Group Ltd offers credit solutions in Israel and has a market cap of ₪491.20 million.

Operations: Peninsula Group Ltd generates revenue from its Financial Services – Commercial segment, amounting to ₪99.59 million.

Dividend Yield: 7.3%

Peninsula Group offers a reliable dividend yield of 7.27%, ranking in the top 25% of Israeli dividend payers. Its dividends are well-covered by earnings and cash flows, with payout ratios of 61.2% and 22.5% respectively, indicating sustainability. Despite a decline in nine-month net income to ILS 36.31 million from ILS 41.75 million last year, dividends remain stable and growing over the past decade, though high debt levels warrant caution for investors seeking long-term stability.

TASE:PEN Dividend History as at Jan 2025

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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 BIT:TEN BIT:ZV and TASE:PEN.

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