Stock Analysis

3 Top Dividend Stocks Yielding Up To 4.4%

SHSE:603929
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In the wake of recent global market shifts, U.S. stocks have surged to record highs, driven by expectations of accelerated earnings growth and regulatory changes following a significant political shift. As investors navigate these evolving economic landscapes, dividend stocks offering yields up to 4.4% present an attractive option for those seeking steady income amid potential market volatility. A good dividend stock typically combines a reliable payout history with strong financial health, making it particularly appealing in times of economic uncertainty and changing fiscal policies.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.63%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)6.90%★★★★★★
Allianz (XTRA:ALV)4.81%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.45%★★★★★★
E J Holdings (TSE:2153)3.81%★★★★★★
Kwong Lung Enterprise (TPEX:8916)6.32%★★★★★★
James Latham (AIM:LTHM)6.15%★★★★★★
Premier Financial (NasdaqGS:PFC)4.47%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.43%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.93%★★★★★★

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

Below we spotlight a couple of our favorites from our exclusive screener.

L&K Engineering (Suzhou)Ltd (SHSE:603929)

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

Overview: L&K Engineering (Suzhou) Co., Ltd. offers specialized engineering technical services in China and has a market cap of CN¥6 billion.

Operations: L&K Engineering (Suzhou) Co., Ltd.'s revenue segments include specialized engineering technical services in China.

Dividend Yield: 3.3%

L&K Engineering (Suzhou) Ltd. offers a dividend yield of 3.32%, placing it in the top 25% of dividend payers in China, with dividends well-covered by earnings and cash flows, evidenced by payout ratios of 43% and 21.6%, respectively. However, the company's seven-year history shows an unstable track record with volatile payments. Recent earnings growth is strong, with net income reaching CNY 439.06 million for the first nine months of 2024, suggesting potential for future stability.

SHSE:603929 Dividend History as at Nov 2024
SHSE:603929 Dividend History as at Nov 2024

KITZ (TSE:6498)

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

Overview: KITZ Corporation manufactures and sells valves, flow control devices, and related products both in Japan and internationally, with a market cap of ¥96.46 billion.

Operations: KITZ Corporation's revenue segments include the manufacturing and sale of valves and flow control devices.

Dividend Yield: 3.7%

KITZ Corporation's dividends are well-covered by earnings and cash flows, with payout ratios of 18.6% and 46.2%, respectively, despite a history of volatility over the past decade. The dividend yield is slightly below top-tier levels in Japan at 3.74%. Recent share buybacks totaling ¥1 billion could enhance shareholder value, although the company has also announced a follow-on equity offering impacting supply dynamics. Earnings growth remains modest but stable at 4.6% last year.

TSE:6498 Dividend History as at Nov 2024
TSE:6498 Dividend History as at Nov 2024

Kyokuto Boeki Kaisha (TSE:8093)

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

Overview: Kyokuto Boeki Kaisha, Ltd. operates as an engineering trading company both in Japan and internationally, with a market cap of ¥18.26 billion.

Operations: Kyokuto Boeki Kaisha, Ltd. generates its revenue primarily through its engineering trading operations across both domestic and international markets.

Dividend Yield: 4.5%

Kyokuto Boeki Kaisha's dividend yield of 4.45% ranks in the top 25% of Japanese payers, but its payments have been volatile and not well-covered by free cash flows. Despite a reasonable payout ratio of 47.4%, earnings growth at 35.4% last year suggests potential for stability if sustained. The price-to-earnings ratio of 13.3x indicates good value relative to the market, yet past unreliability in dividends warrants caution for income-focused investors.

TSE:8093 Dividend History as at Nov 2024
TSE:8093 Dividend History as at Nov 2024

Summing It All Up

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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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