3 Top Dividend Stocks To Consider For Your Portfolio

Dividend Yield: 6.2%

Dubai Islamic Bank P.J.S.C. offers a dividend yield of 6.2%, slightly below the top quartile in the AE market. Despite a volatile and unreliable dividend history, dividends have grown over the past decade and are well-covered by earnings, with a current payout ratio of 46.6%. The bank’s low price-to-earnings ratio of 7.5x suggests good value compared to the market average, although high non-performing loans at 4.8% remain a concern.

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

Overview: Électricite de Strasbourg Société Anonyme supplies electricity and natural gas to individuals, businesses, and local authorities in France with a market cap of €892.59 million.

Operations: Électricite de Strasbourg Société Anonyme generates its revenue primarily from the production and distribution of electricity and gas (€1.24 billion) and as an electricity distributor (€302.94 million).

Dividend Yield: 6.9%

Électricité de Strasbourg Société Anonyme provides a dividend yield of 6.91%, placing it in the top quartile of French dividend payers. The dividends are well-covered by earnings and cash flows, with payout ratios of 43.8% and 38.6%, respectively, suggesting sustainability despite a volatile track record over the past decade. Trading significantly below its estimated fair value, the company presents potential value for investors, although its dividend reliability remains a concern due to historical volatility.

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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 DB:NLM DFM:DIB and ENXTPA:ELEC.

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