Stock Analysis

DB Insurance Leads These 3 Top Dividend Stocks

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As global markets navigate the uncertainties surrounding policy changes from the incoming Trump administration, investors are closely watching sector shifts influenced by potential deregulation and trade policies. Amidst this backdrop, dividend stocks like DB Insurance stand out for their potential to provide steady income streams in a fluctuating market environment. A good dividend stock often combines strong fundamentals with a reliable payout history, offering stability even as broader economic conditions remain unpredictable.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.15%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.15%★★★★★★
CAC Holdings (TSE:4725)4.61%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.23%★★★★★★
Padma Oil (DSE:PADMAOIL)6.76%★★★★★★
GakkyushaLtd (TSE:9769)4.48%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.37%★★★★★★
FALCO HOLDINGS (TSE:4671)6.75%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.43%★★★★★★
E J Holdings (TSE:2153)3.80%★★★★★★

Click here to see the full list of 1963 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

DB Insurance (KOSE:A005830)

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

Overview: DB Insurance Co., Ltd. offers a range of insurance products and services in South Korea, with a market cap of approximately ₩6.43 trillion.

Operations: DB Insurance Co., Ltd. generates revenue through its Life Insurance Sector (₩1.60 billion), Non-Life Insurance Sector (₩19.87 billion), and Installment Finance Sector (₩39.26 million) in South Korea.

Dividend Yield: 4.9%

DB Insurance offers a compelling dividend profile with stable and growing payouts over the past five years. The company's dividends are well-supported by earnings, evidenced by a low payout ratio of 16.4%, and robust cash flow coverage at 6.8%. Trading significantly below estimated fair value, it presents good relative value compared to peers. Its dividend yield is in the top 25% of payers in the Korean market, enhancing its attractiveness for income-focused investors.

KOSE:A005830 Dividend History as at Nov 2024

Briscoe Group (NZSE:BGP)

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

Overview: Briscoe Group Limited operates in New Zealand, retailing homeware and sporting products, with a market cap of NZ$1.14 billion.

Operations: Briscoe Group Limited generates revenue from two main segments: NZ$490.75 million from homeware and NZ$304.04 million from sporting goods in New Zealand.

Dividend Yield: 5.6%

Briscoe Group's recent earnings report showed a decline in net income, impacting its dividend sustainability. While the company declared a regular and special cash dividend with an ex-date in September 2024, its payout ratio of 86.5% suggests dividends are covered by earnings but could be pressured if profits continue to fall. The cash payout ratio of 72.5% indicates reasonable coverage from cash flows, though past volatility raises concerns about reliability for long-term investors seeking stable income.

NZSE:BGP Dividend History as at Nov 2024

Bank of Suzhou (SZSE:002966)

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

Overview: Bank of Suzhou Co., Ltd. offers commercial banking products and services in Suzhou, with a market cap of CN¥28.61 billion.

Operations: Unfortunately, the provided text does not include specific revenue segment figures for Bank of Suzhou Co., Ltd. If you have more detailed information on their revenue segments, I can help summarize it accordingly.

Dividend Yield: 5%

Bank of Suzhou's dividend appeal is bolstered by a robust earnings growth of 7.1% over the past year, with dividends well-covered by a low payout ratio of 29.6%. Trading at 36.2% below fair value estimates, it offers potential value for investors. Despite only five years of dividend history, payments have been stable and reliable. Recent financials show net income growth to CNY 4.18 billion, supporting ongoing dividend sustainability and attractiveness in the CN market's top tier yielders.

SZSE:002966 Dividend History as at Nov 2024

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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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