3 Reliable Dividend Stocks Yielding Up To 9.1%

As global markets navigate mixed signals with U.S. stocks closing a strong year despite recent volatility and European indices showing varied performance, investors are increasingly seeking stability amid economic uncertainties. In such an environment, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to balance growth and income in their portfolios.

Click here to see the full list of 1971 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

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

Overview: Anima Holding S.p.A. is a publicly owned investment manager with a market cap of €2.06 billion.

Operations: Anima Holding S.p.A. generates its revenue primarily from asset management, amounting to €1.25 billion.

Dividend Yield: 3.8%

Anima Holding has demonstrated strong earnings growth, reporting a net income of €172 million for the nine months ending September 2024. Despite this, its dividend history is marked by volatility with past annual drops over 20%. The current dividend yield of 3.75% is below the top tier in Italy. However, dividends are well-covered by both earnings and cash flows, with payout ratios at 35.8% and 19.9%, respectively, ensuring sustainability amidst fluctuating payments.

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

Overview: FIBRA MTY, S.A.P.I. de C.V. is a Mexican real estate investment trust with a market cap of MX$26.52 billion, focusing on the acquisition and management of commercial properties in Mexico.

Operations: FIBRA MTY, S.A.P.I. de C.V. generates revenue through its real estate investment activities in Mexico, with MX$737.51 million from offices, MX$36.44 million from commercial properties, and MX$1.79 billion from industrial assets.

Dividend Yield: 9.1%

Fibra Mty offers a high dividend yield of 9.12%, ranking in the top 25% of dividend payers in Mexico, but its sustainability is questionable due to payout ratios exceeding earnings and cash flows. Recent earnings show significant growth with net income reaching MXN 5.45 billion for nine months ending September 2024, yet dividends remain uncovered by these earnings. While dividends have been stable over the past decade, shareholder dilution and reliance on one-off items impact financial results.

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

Overview: Groupe Guillin S.A. is a company that produces and sells food packaging products both in France and internationally, with a market cap of €528.69 million.

Operations: Groupe Guillin’s revenue is primarily derived from its Packaging Sector, contributing €814.51 million, with an additional €50.85 million coming from the Material Sector.

Dividend Yield: 3.8%

Groupe Guillin’s dividend yield of 3.85% is below the top tier in France, and its dividends have been volatile and unreliable over the past decade. Despite this, dividends are well covered by earnings (payout ratio: 29.2%) and cash flows (cash payout ratio: 30.3%). Recent earnings showed a decline with sales at €430.27 million for H1 2024 compared to €450.65 million previously, indicating potential challenges in sustaining growth amidst forecasted declines in earnings.

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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:ANIM BMV:FMTY 14 and ENXTPA:ALGIL.

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