3 Dividend Stocks To Consider With Up To 4.9% Yield

As global markets continue to reach new heights, with indices like the Dow Jones Industrial Average and S&P 500 hitting record intraday highs, investors are seeking stability amid geopolitical tensions and economic shifts. In such an environment, dividend stocks can offer a reliable income stream, providing potential yield advantages while navigating market volatility.

Top 10 Dividend Stocks

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Tiandi Science & TechnologyLtd (SHSE:600582)

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

Overview: Tiandi Science & Technology Co. Ltd operates in the fields of mine safety, smart equipment, design and construction, green development, and clean and low carbon solutions in China with a market cap of CN¥25.08 billion.

Operations: Tiandi Science & Technology Co. Ltd generates revenue through its operations in mine safety, smart equipment, design and construction, green development, and clean and low carbon sectors within China.

Dividend Yield: 4.6%

Tiandi Science & Technology Ltd. offers a compelling dividend yield in the top 25% of the CN market, with dividends well-covered by earnings and cash flow, reflected by payout ratios of 45.2% and 65.9%, respectively. However, its dividend history is marked by volatility over the past decade despite recent growth in payments. The stock trades at a significant discount to its estimated fair value and peers, supported by a robust earnings increase of CNY 203.88 million year-over-year for Q3 2024.

• Take a closer look at Tiandi Science & TechnologyLtd's potential here in our dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Tiandi Science & TechnologyLtd shares in the market.

Henan Shenhuo Coal Industry and Electricity Power (SZSE:000933)

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

Overview: Henan Shenhuo Coal Industry and Electricity Power Co. operates in the coal mining and electricity generation sectors, with a market cap of CN¥36.57 billion.

Operations: Henan Shenhuo Coal Industry and Electricity Power Co.'s revenue is derived from its operations in coal mining and electricity generation.

Dividend Yield: 4.9%

Henan Shenhuo Coal Industry and Electricity Power Co. Ltd. offers a dividend yield in the top 25% of the CN market, supported by low payout ratios of 33.3% for earnings and 20.2% for cash flow, ensuring coverage and sustainability. Despite trading at a substantial discount to its fair value, its dividend history is unstable with past volatility over the last decade. Recent approvals affirm CNY 3 per 10 shares as interim dividends amidst declining earnings compared to last year’s figures.

• Click here to discover the nuances of Henan Shenhuo Coal Industry and Electricity Power with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, Henan Shenhuo Coal Industry and Electricity Power's share price might be too pessimistic.

Taiwan Fire & Marine Insurance (TWSE:2832)

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

Overview: Taiwan Fire & Marine Insurance Co., Ltd. offers a range of insurance products and services in Taiwan, with a market capitalization of NT$10.49 billion.

Operations: Taiwan Fire & Marine Insurance Co., Ltd. generates revenue primarily from its property insurance segment, which amounts to NT$7.27 billion.

Dividend Yield: 4.5%

Taiwan Fire & Marine Insurance's dividend payments have been volatile over the past decade, despite recent growth. The company's dividends are well-covered by earnings with a payout ratio of 42.2% and supported by cash flows at a 65.7% cash payout ratio, suggesting sustainability. However, its dividend yield of 4.49% is slightly below the top tier in Taiwan's market. Recent earnings show mixed results with increased nine-month net income but decreased quarterly figures year-on-year.

• Click here and access our complete dividend analysis report to understand the dynamics of Taiwan Fire & Marine Insurance.
• The analysis detailed in our Taiwan Fire & Marine Insurance valuation report hints at an deflated share price compared to its estimated value.

Next Steps

• Unlock our comprehensive list of 1964 Top Dividend Stocks by clicking here.
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Curious About Other Options?

• 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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