3 Dividend Stocks To Consider With Up To 5.7% Yield

As global markets navigate a landscape marked by resilient labor data and inflation concerns, investors are grappling with the implications of potential interest rate shifts. Amidst this backdrop, dividend stocks continue to attract attention for their ability to provide steady income streams, offering a buffer against market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.12%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.33%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.38%	★★★★★★
CAC Holdings (TSE:4725)	4.73%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
Yamato Kogyo (TSE:5444)	4.01%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.53%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.99%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.96%	★★★★★★
DoshishaLtd (TSE:7483)	3.93%	★★★★★★

Click here to see the full list of 1996 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Jangho Group (SHSE:601886)

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

Overview: Jangho Group Co., Ltd. operates in the architectural decoration sector across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of CN¥5.89 billion.

Operations: Jangho Group Co., Ltd. generates its revenue from its architectural decoration business across various regions, including Mainland China, Hong Kong, Macau, Taiwan, and international markets.

Dividend Yield: 5.7%

Jangho Group's dividend payments are well supported by cash flows, with a low cash payout ratio of 23.9% and a reasonable earnings payout ratio of 56.4%. The company's recent financial performance shows growth, with sales reaching CNY 15.42 billion and net income at CNY 433.06 million for the nine months ended September 2024. Despite being in the top tier for dividend yield in China, Jangho's dividends have been volatile and unreliable over the past decade.

• Click here and access our complete dividend analysis report to understand the dynamics of Jangho Group.
• Our expertly prepared valuation report Jangho Group implies its share price may be lower than expected.

Xinjiang Torch Gas (SHSE:603080)

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

Overview: Xinjiang Torch Gas Co., Ltd operates as a gas service company in China with a market cap of CN¥2.19 billion.

Operations: Xinjiang Torch Gas Co., Ltd generates its revenue from various segments within the gas service industry in China.

Dividend Yield: 3%

Xinjiang Torch Gas has shown growth in earnings, with a recent increase of 8.3% and sales reaching CNY 1.03 billion for the nine months ended September 2024. Its dividend yield of 3.03% is among the top in China, supported by a low payout ratio of 47.5%. However, despite covering dividends well with earnings and cash flows, its seven-year dividend history is marked by volatility and unreliability, raising concerns about sustainability.

• Unlock comprehensive insights into our analysis of Xinjiang Torch Gas stock in this dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Xinjiang Torch Gas shares in the market.

Hefei Meyer Optoelectronic Technology (SZSE:002690)

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

Overview: Hefei Meyer Optoelectronic Technology Inc. operates in the field of optoelectronic technology and has a market cap of CN¥12.36 billion.

Operations: Hefei Meyer Optoelectronic Technology Inc. generates revenue primarily from the production and sales of photoelectric detection equipment, amounting to CN¥2.35 billion.

Dividend Yield: 4.9%

Hefei Meyer Optoelectronic Technology offers a dividend yield of 4.91%, placing it in the top 25% of Chinese dividend payers. However, with a high payout ratio of 97.6%, dividends are not well covered by earnings, though they are supported by cash flows at an 84.5% cash payout ratio. Despite recent declines in revenue and net income for the nine months ending September 2024, its decade-long stable and growing dividend history suggests reliability amidst financial challenges.

• Get an in-depth perspective on Hefei Meyer Optoelectronic Technology's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Hefei Meyer Optoelectronic Technology's share price might be too pessimistic.

Summing It All Up

• Unlock our comprehensive list of 1996 Top Dividend Stocks by clicking here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

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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