Stock Analysis

3 Leading Dividend Stocks Yielding Up To 7.5%

TSE:7229
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As global markets navigate a mixed economic landscape, with U.S. consumer confidence declining and European stocks experiencing modest gains, investors are increasingly turning their attention to stable income-generating opportunities like dividend stocks. In this environment of fluctuating indices and economic indicators, identifying leading dividend stocks that offer attractive yields can provide a reliable source of returns while potentially mitigating some market volatility.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)5.02%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.31%★★★★★★
Southside Bancshares (NYSE:SBSI)4.61%★★★★★★
Padma Oil (DSE:PADMAOIL)7.42%★★★★★★
GakkyushaLtd (TSE:9769)4.38%★★★★★★
Nihon Parkerizing (TSE:4095)3.83%★★★★★★
China South Publishing & Media Group (SHSE:601098)3.68%★★★★★★
E J Holdings (TSE:2153)3.82%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.08%★★★★★★
Premier Financial (NasdaqGS:PFC)4.82%★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

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

illimity Bank (BIT:ILTY)

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

Overview: illimity Bank S.p.A. operates in Italy, offering private banking, investment, and trading services with a market cap of €272.95 million.

Operations: illimity Bank S.p.A. generates revenue through its Corporate Banking (€82.60 million), Specialised Credit (€62.20 million), Investment Banking (€15.70 million), and B-Ilty (€15.60 million) segments, while its Digital segment reported a negative contribution of -€44.20 million.

Dividend Yield: 7.6%

illimity Bank's dividend yield is among the top 25% in Italy, with a payout ratio of 34.5%, indicating well-covered dividends. However, it has only paid dividends for two years, raising concerns about long-term reliability. The bank's high level of non-performing loans (13.9%) and recent decline in net income may impact future payouts despite current coverage forecasts being favorable at a 19.8% payout ratio in three years.

BIT:ILTY Dividend History as at Dec 2024
BIT:ILTY Dividend History as at Dec 2024

Zhongshan Broad-Ocean Motor (SZSE:002249)

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

Overview: Zhongshan Broad-Ocean Motor Co., Ltd. operates in the motor systems business in China and has a market capitalization of CN¥14.69 billion.

Operations: Zhongshan Broad-Ocean Motor Co., Ltd. generates revenue through its motor systems business in China.

Dividend Yield: 3.1%

Zhongshan Broad-Ocean Motor's dividends are well-covered by earnings and cash flows, with a payout ratio of 59.5% and a cash payout ratio of 30.3%. Despite trading at 47.4% below estimated fair value, its dividend history is marked by volatility over the past decade. Recent earnings growth of CNY 670.59 million for the first nine months suggests financial stability, though dividend reliability remains questionable due to historical inconsistency in payments.

SZSE:002249 Dividend History as at Dec 2024
SZSE:002249 Dividend History as at Dec 2024

Yutaka GikenLtd (TSE:7229)

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

Overview: Yutaka Giken Co., Ltd. manufactures and sells automobile parts across Japan, North America, China, Asia, and internationally with a market cap of ¥30.96 billion.

Operations: Yutaka Giken Co., Ltd.'s revenue is primarily derived from its operations in North America (¥71.10 billion), China (¥65.04 billion), Asia (¥36.30 billion), and Japan (¥43.07 billion).

Dividend Yield: 3.4%

Yutaka Giken Ltd.'s dividends are securely covered by earnings and cash flows, with a payout ratio of 19.7% and a cash payout ratio of 13.1%. Trading at 51.2% below estimated fair value, the stock presents potential value for investors. However, its dividend history is marked by volatility and unreliability over the past decade, despite an increase in payments during this period. The upcoming Q2 2025 results may provide further insights into its financial health.

TSE:7229 Dividend History as at Dec 2024
TSE:7229 Dividend History as at Dec 2024

Key Takeaways

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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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