Stock Analysis

3 Dividend Stocks Offering Yields Up To 3.9%

SHSE:603611
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As global markets navigate the uncertainties surrounding the incoming Trump administration and fluctuating interest rates, investors are seeking stability amidst volatility. With sectors like financials and energy showing resilience due to deregulation hopes, dividend stocks offering yields up to 3.9% present a compelling option for those looking for reliable income streams in today's complex economic landscape. A good dividend stock typically combines a stable payout history with strong fundamentals, making it an attractive choice in times of market uncertainty.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.60%★★★★★★
Nihon Parkerizing (TSE:4095)3.96%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.16%★★★★★★
Padma Oil (DSE:PADMAOIL)6.79%★★★★★★
FALCO HOLDINGS (TSE:4671)6.82%★★★★★★
Petrol d.d (LJSE:PETG)5.84%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.49%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.65%★★★★★★
Premier Financial (NasdaqGS:PFC)4.51%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.93%★★★★★★

Click here to see the full list of 1968 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Huaihe Energy (Group)Ltd (SHSE:600575)

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

Overview: Huaihe Energy (Group) Co., Ltd operates in the logistics and trade business in China with a market cap of CN¥14.07 billion.

Operations: Huaihe Energy (Group) Co., Ltd generates its revenue through its operations in the logistics and trade sectors within China.

Dividend Yield: 3.2%

Huaihe Energy's dividend payments are covered by earnings and cash flows, with a payout ratio of 46% and a cash payout ratio of 74.1%, respectively. Despite this coverage, the company's dividends have been volatile over its four-year history, indicating an unstable track record. Recent financial results show growth in net income to CNY 842.43 million for the first nine months of 2024, suggesting potential for future stability in dividends if trends continue.

SHSE:600575 Dividend History as at Nov 2024
SHSE:600575 Dividend History as at Nov 2024

Noblelift Intelligent EquipmentLtd (SHSE:603611)

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

Overview: Noblelift Intelligent Equipment Co., Ltd. operates in the intelligent manufacturing equipment and smart logistics system sectors both in China and internationally, with a market cap of CN¥4.70 billion.

Operations: Noblelift Intelligent Equipment Co., Ltd. generates revenue through its intelligent manufacturing equipment and smart logistics system businesses, serving both domestic and international markets.

Dividend Yield: 3.2%

Noblelift Intelligent Equipment Ltd. offers a dividend yield of 3.25%, ranking in the top 25% of CN market payers, albeit with unreliable and volatile payments over the past decade. The payout ratio is low at 34.6%, suggesting coverage by earnings, but dividends are not supported by free cash flows. Recent earnings show stable net income growth to CNY 362.83 million for the first nine months of 2024, despite a slight revenue decline to CNY 5.15 billion year-over-year.

SHSE:603611 Dividend History as at Nov 2024
SHSE:603611 Dividend History as at Nov 2024

Ferrotec Holdings (TSE:6890)

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

Overview: Ferrotec Holdings Corporation operates in semiconductor equipment-related and electronic device businesses both in Japan and internationally, with a market cap of ¥116.04 billion.

Operations: Ferrotec Holdings Corporation generates revenue from its Semiconductor Equipment Related Business, amounting to ¥140.12 billion, and its Electronic Device business, contributing ¥60.99 billion.

Dividend Yield: 4%

Ferrotec Holdings offers a dividend yield of 3.98%, placing it in the top 25% of JP market payers, though payments have been unreliable and volatile over the past decade. Despite a low payout ratio of 30%, dividends are not covered by free cash flows. Recent share repurchase plans aim to enhance capital efficiency and return profits to shareholders, with ¥500 million allocated for buybacks by March 2025, reflecting ongoing efforts to support shareholder value.

TSE:6890 Dividend History as at Nov 2024
TSE:6890 Dividend History as at Nov 2024

Taking Advantage

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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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