3 Dividend Stocks To Consider With Yields Up To 6.9%

As global markets react to rising U.S. Treasury yields and a cautious economic outlook, investors are increasingly seeking stable income sources amidst volatility. In such an environment, dividend stocks can offer a reliable stream of income, making them an attractive option for those looking to balance their portfolios with steady returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.20%	★★★★★★
Intelligent Wave (TSE:4847)	3.97%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	5.00%	★★★★★★
Innotech (TSE:9880)	4.86%	★★★★★★
CAC Holdings (TSE:4725)	4.62%	★★★★★★
Southside Bancshares (NasdaqGS:SBSI)	4.51%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.22%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.03%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.92%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.93%	★★★★★★

Click here to see the full list of 2040 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

National General Insurance (P.J.S.C.) (DFM:NGI)

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

Overview: National General Insurance Co. (P.J.S.C.) operates in the United Arab Emirates, providing life and general insurance as well as reinsurance products, with a market cap of AED758.77 million.

Operations: National General Insurance Co. (P.J.S.C.) generates its revenue from two main segments: AED891.97 million from insurance and AED99.84 million from investments.

Dividend Yield: 6.9%

National General Insurance offers a dividend yield of 6.92%, placing it in the top 25% of the AE market, though it's not well covered by free cash flows due to a high cash payout ratio of 374.1%. Despite earnings growth and a low payout ratio of 28.2%, dividends have been volatile over the past decade. Recent earnings reports show significant profit growth, with net income reaching AED 80.85 million for six months ending June 2024.

• Take a closer look at National General Insurance (P.J.S.C.)'s potential here in our dividend report.
• Our valuation report here indicates National General Insurance (P.J.S.C.) may be overvalued.

China Resources Land (SEHK:1109)

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

Overview: China Resources Land Limited is an investment holding company involved in the investment, development, management, and sale of properties in the People’s Republic of China with a market cap of approximately HK$184.33 billion.

Operations: China Resources Land Limited generates revenue primarily from its development property business (CN¥216.89 billion), followed by its investment property business (CN¥23.92 billion), eco-system elementary business (CN¥15.66 billion), and asset-light management business (CN¥14.74 billion).

Dividend Yield: 5.9%

China Resources Land's dividend yield of 5.88% is not well covered by free cash flows, with a high cash payout ratio of 90.8%. Despite this, dividends have been stable over the past decade and are supported by a low payout ratio of 36.9% from earnings. Recent executive changes may influence strategic direction amid declining sales figures reported for September 2024, highlighting potential challenges in maintaining dividend sustainability amidst market pressures.

• Click to explore a detailed breakdown of our findings in China Resources Land's dividend report.
• Our valuation report unveils the possibility China Resources Land's shares may be trading at a discount.

Mabuchi Motor (TSE:6592)

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

Overview: Mabuchi Motor Co., Ltd. is involved in the manufacture and sale of small electric motors, with a market cap of ¥277.71 billion.

Operations: Mabuchi Motor Co., Ltd. generates revenue from several regions, with ¥184.30 billion from Asia, ¥120.55 billion from Japan, ¥45.61 billion from Europe, and ¥42.33 billion from the United States of America.

Dividend Yield: 3.3%

Mabuchi Motor's dividend payments are well covered by earnings and cash flows, with a payout ratio of 35.6% and a cash payout ratio of 47.4%. However, the dividends have been volatile over the past decade, despite recent increases. The current yield of 3.29% is below top-tier payers in Japan. A recent share buyback program aims to enhance shareholder returns and capital efficiency, reflecting a flexible approach to capital management amidst forecasted earnings decline.

• Navigate through the intricacies of Mabuchi Motor with our comprehensive dividend report here.
• Our comprehensive valuation report raises the possibility that Mabuchi Motor is priced higher than what may be justified by its financials.

Seize The Opportunity

• Unlock our comprehensive list of 2040 Top Dividend Stocks by clicking here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.

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