5 Best Diversified Dividend Stocks to Buy Now

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1. Deswell Industries, Inc. (NASDAQ:DSWL)

Dividend Yield as of October 3: 6.45%

Deswell Industries, Inc. (NASDAQ:DSWL) is a Macao-based company that manufactures injection-modeled plastic parts, electronic products, subassemblies, and metallic products. The company currently pays a quarterly dividend of $0.10 per share and has a dividend yield of 6.45%, as recorded on October 3.

In the second half of 2022, Deswell Industries, Inc. (NASDAQ:DSWL) reported revenue of $45.7 million, up 22.8% from the same period last year. The company had $13.5 million available in cash and cash equivalents and over $64 million in working capital. Its total current assets amount to nearly $88 million.

You can also take a look at 11 Best Dividend Paying Stocks Under $50 and 10 Best Cheap Dividend Stocks to Buy Now

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