Stock Analysis

3 Reliable Dividend Stocks Yielding Up To 8.1%

WBAG:POS
Source: Shutterstock

In a week marked by cautious commentary from the Federal Reserve and political uncertainty, global markets faced broad-based declines, with U.S. stocks experiencing notable volatility. Amidst this backdrop, investors are increasingly turning to dividend stocks as a potential source of stability and income, particularly those with reliable yields that can offer some cushion against market fluctuations.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.15%★★★★★★
CAC Holdings (TSE:4725)4.74%★★★★★★
Yamato Kogyo (TSE:5444)4.06%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.28%★★★★★★
Padma Oil (DSE:PADMAOIL)7.54%★★★★★★
GakkyushaLtd (TSE:9769)4.36%★★★★★★
Nihon Parkerizing (TSE:4095)3.87%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.20%★★★★★★
FALCO HOLDINGS (TSE:4671)6.48%★★★★★★
E J Holdings (TSE:2153)3.84%★★★★★★

Click here to see the full list of 1937 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Bank of Changsha (SHSE:601577)

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

Overview: Bank of Changsha Co., Ltd. offers a range of commercial banking products and services to individual and corporate clients in China, with a market capitalization of approximately CN¥35.47 billion.

Operations: Bank of Changsha Co., Ltd.'s revenue is derived from its diverse range of commercial banking products and services provided to both personal and business customers in China.

Dividend Yield: 4.3%

Bank of Changsha's dividend yield of 4.31% ranks in the top quarter among Chinese dividend payers, supported by a low payout ratio of 19.5%, indicating strong coverage by earnings. Despite only six years of dividend history, payments have been stable and growing with minimal volatility. Recent earnings show net income growth to CNY 6.19 billion for the first nine months of 2024, suggesting continued financial health and potential for sustainable dividends.

SHSE:601577 Dividend History as at Dec 2024
SHSE:601577 Dividend History as at Dec 2024

PORR (WBAG:POS)

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

Overview: PORR AG is a construction company with operations in Austria, Germany, Poland, and various other countries internationally, and it has a market cap of approximately €673.66 million.

Operations: PORR AG generates its revenue primarily from Austria and Switzerland (€3.07 billion), followed by Poland (€1.02 billion), Germany (€962.46 million), and Infrastructure International (€425.83 million).

Dividend Yield: 4.3%

PORR's dividend yield of 4.26% is below the Austrian market's top 25%, but a low payout ratio of 32% ensures dividends are well-covered by earnings and cash flows. Despite past volatility, dividends have grown over the last decade. Recent earnings show stable performance, with EUR 1,702.27 million in Q3 sales and net income slightly down to EUR 28.07 million from last year, indicating potential for continued dividend sustainability amidst growth forecasts.

WBAG:POS Dividend History as at Dec 2024
WBAG:POS Dividend History as at Dec 2024

ProCredit Holding (XTRA:PCZ)

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

Overview: ProCredit Holding AG, with a market cap of €465.30 million, operates commercial banking services for small and medium enterprises and private customers across Europe, South America, and Germany.

Operations: ProCredit Holding AG generates revenue primarily from its banking segment, which amounts to €433.86 million.

Dividend Yield: 8.1%

ProCredit Holding's dividend yield of 8.1% is among the top 25% in the German market, supported by a low payout ratio of 36.2%, ensuring coverage by earnings. However, dividends have been unreliable and volatile over the past eight years. Despite trading at a significant discount to fair value and strong earnings growth forecasts, recent results show a decline in net income to €84.78 million for nine months ended September 2024 from €93.95 million previously.

XTRA:PCZ Dividend History as at Dec 2024
XTRA:PCZ Dividend History as at Dec 2024

Where To Now?

Interested In Other Possibilities?

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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About WBAG:POS

PORR

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Qatar, Italy, Romania, Bulgaria, Switzerland, Serbia, Great Britain, Slovakia, Norway, Croatia, Belgium, and internationally.

Adequate balance sheet average dividend payer.

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