Stable Dividend Payers Shine Amid Global Trade Uncertainty
Global trade is fragmenting as tariffs and barriers increase, making economic growth less certain.
In this environment, reliable cash payouts from established dividend payers can matter more than chasing new investments. Three high-yield companies with dividend streams above 3% are highlighted: Southside Bancshares (SBSI), NIKE (NKE), and Peoples Bancorp (PEBO).
Southside Bancshares is a Texas-based bank holding company that generates US$245 million in banking revenue, mostly from US operations. Its market cap is US$916 million.
The company's dividend policy is well-covered, with exposure to population and job growth across Texas driving strong new loan production and commercial deposit growth. However, the real test for its dividend story lies in how it handles pressure on profitability over the next few years.