In this article, we discuss 5 best annual dividend stocks to buy now. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 14 Best Annual Dividend Stocks To Buy Now.
5. China Yuchai International Limited (NYSE:CYD)
Dividend Yield as of May 26: 4.93%
China Yuchai International Limited (NYSE:CYD) is a Singaporean machinery industry company that manufactures equipment for trucks, buses, and passenger vehicles. In June 2022, the company declared an annual dividend of $0.40 per share. It is one of the best dividend stocks on our list as it has been making regular dividend payments to shareholders since 1995. The stock has a dividend yield of 4.93%, as of May 26.
According to Insider Monkey’s Q1 2023 database, 6 hedge funds owned stakes in China Yuchai International Limited (NYSE:CYD), compared with 8 in the previous quarter. These stakes have a collective value of over $36.4 million. Chou Associates Management was the company’s largest stakeholder in Q1.
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Follow China Yuchai International Ltd (NYSE:CYD)
4. Nexa Resources S.A. (NYSE:NEXA)
Dividend Yield as of May 26: 6.41%
Nexa Resources S.A. (NYSE:NEXA) is a mining company that specializes in the exploration and extraction of zinc, copper, and lead concentrates with contents of silver and gold. On February 16, the company declared a special dividend of $0.1888 per share. It also approved a distribution of $25 million in special dividends, which makes it one of the best dividend stocks on our list. The stock has a dividend yield of 6.41%, as of May 26.
Nexa Resources S.A. (NYSE:NEXA)’s revenue for Q1 2023 came in at $667 million, which fell by 7.6% from the same period last year. Its operating cash flow for the quarter stood at $106 million and its adjusted net income amounted to $2 million.
At the end of Q1 2023, 6 hedge funds in Insider Monkey’s database held stakes in Nexa Resources S.A. (NYSE:NEXA), up from 4 in the previous quarter. These stakes have a consolidated value of over $2.6 million. Two Sigma Advisors owned the largest stake in the company in Q1.
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Follow Nexa Resources S.a. (NYSE:NEXA)
3. Bayer Aktiengesellschaft (OTC:BAYRY)
Dividend Yield as of May 26: 8.29%
Bayer Aktiengesellschaft (OTC:BAYRY) is a German multinational pharmaceutical and biotech company that also specializes in agriculture chemicals, seeds, and other biotech products. It currently pays an annual dividend of €2.40 per share and has a dividend yield of 8.29%, as of May 26.
Bayer Aktiengesellschaft (OTC:BAYRY), one of the best dividend stocks on our list, paid €2.3 million to shareholders in dividends in FY22. In the first quarter of 2023, the company reported a net income of €2.2 billion.
As of the close of Q1 2023, Ancora Advisors was the only shareholder of Bayer Aktiengesellschaft (OTC:BAYRY), owning stakes worth $11,324.
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Follow Bayer Ag (OTCMKTS:BAYRY)
2. Stellantis N.V. (NYSE:STLA)
Dividend Yield as of May 26: 9.22%
Stellantis N.V. (NYSE:STLA) is a Netherland-based automotive manufacturing company. In March, Berenberg maintained a Buy rating on the stock, highlighting the company’s performance last year.
On April 21, Stellantis N.V. (NYSE:STLA) declared an annual dividend of $1.42 per share. The stock’s dividend yield on May 26 came in at 9.22%.
At the end of March 2023, 27 hedge funds in Insider Monkey’s database owned stakes in Stellantis N.V. (NYSE:STLA), compared with 28 in the previous quarter. These stakes are collectively valued at roughly $1.2 billion. With over 8.4 million shares, SRS Investment Management was the company’s leading stakeholder in Q1.
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Follow Stellantis N.v. (NYSE:STLA)
1. MIND C.T.I. Ltd (NASDAQ:MNDO)
Dividend Yield as of May 26: 12.44%
MIND C.T.I. Ltd (NASDAQ:MNDO) tops our list of the best dividend stocks that pay annual dividends to shareholders. The Israeli customer service company currently offers an annual dividend of $0.24 per share. The stock has a dividend yield of 12.44%, as of May 26.
As of the close of Q1 2023, MIND C.T.I. Ltd (NASDAQ:MNDO) was a part of 2 hedge fund portfolios, as per Insider Monkey’s database. The stakes owned by these funds have a consolidated value of $86,000.
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Follow Mind C T I Ltd (NASDAQ:MNDO)
You can also take a look at 12 Best Chinese Stocks to Buy Now and 14 Best Healthcare Dividend Stocks to Buy
