3 Dividend Stocks Offering Yields From 4% To 6.1%

As global markets grapple with geopolitical tensions and concerns over consumer spending, investors are increasingly seeking stability in dividend stocks. In this environment, a good dividend stock is characterized by its ability to offer reliable income through consistent payouts, making it an attractive option for those looking to navigate market volatility while benefiting from yields ranging between 4% and 6.1%.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Chongqing Rural Commercial Bank (SEHK:3618)	8.73%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	4.00%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.67%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.05%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.26%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.04%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.93%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.49%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.23%	★★★★★★
DoshishaLtd (TSE:7483)	3.88%	★★★★★★

Click here to see the full list of 2014 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Sparebanken Møre (OB:MORG)

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

Overview: Sparebanken Møre, along with its subsidiaries, offers banking services to retail and corporate clients in Norway and has a market cap of NOK5.03 billion.

Operations: Sparebanken Møre generates revenue through its segments, with NOK1.08 billion from Retail, NOK867 million from Corporate, and NOK48 million from Real Estate Brokerage.

Dividend Yield: 6.2%

Sparebanken Møre's dividend payments have been volatile over the past decade, with a current payout ratio of 62.8%, indicating coverage by earnings. While its dividend yield of 6.16% is below the top quartile in Norway, dividends are projected to remain covered with a forecasted payout ratio of 76.2% in three years. Recent financial activities include NOK 1.05 billion and NOK 300 million fixed-income offerings, reflecting strategic capital management amidst fluctuating earnings results.

• Navigate through the intricacies of Sparebanken Møre with our comprehensive dividend report here.
• Our valuation report unveils the possibility Sparebanken Møre's shares may be trading at a discount.

Aeolus Tyre (SHSE:600469)

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

Overview: Aeolus Tyre Co., Ltd. manufactures and sells tires for trucks, buses, and construction machinery vehicles both in China and internationally, with a market cap of CN¥4.31 billion.

Operations: Aeolus Tyre Co., Ltd. generates revenue primarily from its Rubber and Plastic Products segment, totaling CN¥6.37 billion.

Dividend Yield: 4.1%

Aeolus Tyre's dividend yield of 4.06% places it among the top 25% of dividend payers in China, but its sustainability is questionable due to a lack of free cash flows and volatile payments over the past decade. Despite a reasonable payout ratio of 61.7%, dividends are not covered by cash flows, although earnings have grown by 13.3% recently. The price-to-earnings ratio is favorable at 12.6x compared to the market average of 38.1x, suggesting potential value for investors seeking income growth opportunities amidst volatility concerns.

• Get an in-depth perspective on Aeolus Tyre's performance by reading our dividend report here.
• According our valuation report, there's an indication that Aeolus Tyre's share price might be on the expensive side.

Sanyang Motor (TWSE:2206)

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

Overview: Sanyang Motor Co., Ltd. manufactures and sells automobiles, locomotives, and their parts across Taiwan, China, Asia, Europe, and internationally with a market cap of approximately NT$55.21 billion.

Operations: Sanyang Motor Co., Ltd. generates revenue from two main segments: the Foreign Sector, contributing NT$14.79 billion, and the Domestic Sector, accounting for NT$57.37 billion.

Dividend Yield: 4.3%

Sanyang Motor's dividend yield of 4.3% is slightly below the top quartile in Taiwan, and while its payout ratio of 46.4% suggests earnings cover dividends well, cash flow coverage at 77.2% raises sustainability concerns. The company's dividends have been volatile over the past decade with significant annual drops, indicating unreliability. Despite this, Sanyang's price-to-earnings ratio of 10.8x offers potential value compared to the broader market average of 21.9x amidst its high debt levels.

• Dive into the specifics of Sanyang Motor here with our thorough dividend report.
• Insights from our recent valuation report point to the potential overvaluation of Sanyang Motor shares in the market.

Taking Advantage

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Interested In Other Possibilities?

• 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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