3 Dividend Stocks Offering Yields Up To 5.8%

As global markets navigate a landscape of mixed economic signals, with notable movements in interest rates and inflation expectations across key regions, investors are increasingly seeking stability amidst volatility. In such an environment, dividend stocks can offer a compelling option for those looking to secure regular income streams while potentially benefiting from capital appreciation.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.02%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.26%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.54%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.24%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.44%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.00%	★★★★★★
Shaanxi International TrustLtd (SZSE:000563)	3.16%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.82%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.23%	★★★★★★

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Jiangsu Changbao SteeltubeLtd (SZSE:002478)

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

Overview: Jiangsu Changbao Steeltube Co., Ltd. manufactures and sells steel tubes both in the People's Republic of China and internationally, with a market cap of CN¥4.86 billion.

Operations: The company's revenue is primarily derived from the production and sales of seamless steel pipes, amounting to CN¥5.77 billion.

Dividend Yield: 5.2%

Jiangsu Changbao Steeltube Ltd. reported decreased sales and net income for the first nine months of 2024, with earnings per share dropping from CNY 0.7 to CNY 0.46. Despite a high dividend yield of 5.17%, its dividends are not well covered by cash flows, with a high cash payout ratio of 252.6%. The company's recent share buyback indicates confidence, yet its dividend payments have been volatile and unreliable over the past decade.

• Click to explore a detailed breakdown of our findings in Jiangsu Changbao SteeltubeLtd's dividend report.
• In light of our recent valuation report, it seems possible that Jiangsu Changbao SteeltubeLtd is trading behind its estimated value.

Arisawa Mfg (TSE:5208)

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

Overview: Arisawa Mfg. Co., Ltd. manufactures and sells electronic, optoelectronic, electrical insulating, display, and industrial structural materials both in Japan and internationally, with a market cap of ¥47.48 billion.

Operations: Arisawa Mfg. Co., Ltd.'s revenue segments include electronic, optoelectronic, electrical insulating, display, and industrial structural materials.

Dividend Yield: 5.9%

Arisawa Mfg. offers a dividend yield of 5.89%, placing it in the top 25% of JP market dividend payers, but its sustainability is questionable due to a high cash payout ratio of 136.6%. While earnings cover dividends with a low payout ratio of 41.5%, free cash flow coverage is insufficient. The company's past decade shows volatile and unreliable dividend payments, despite recent growth in earnings by ¥273 billion and an agenda to consider dividends at the November board meeting.

• Get an in-depth perspective on Arisawa Mfg's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Arisawa Mfg's current price could be quite moderate.

Global Mixed-Mode Technology (TWSE:8081)

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

Overview: Global Mixed-Mode Technology Inc. specializes in the production, manufacturing, and sales of digital and analog mixed integrated circuits both in Taiwan and internationally, with a market cap of NT$20.40 billion.

Operations: Global Mixed-Mode Technology Inc.'s revenue is primarily derived from its semiconductors segment, which generated NT$8.08 billion.

Dividend Yield: 5.9%

Global Mixed-Mode Technology offers a high dividend yield of 5.88%, ranking it in the top 25% of the Taiwan market. The dividends are well-covered, with an earnings payout ratio of 82.9% and a cash payout ratio of 71.4%. Despite a recent decline in net income, dividends have remained stable and reliable over the past decade. The company trades at a favorable price-to-earnings ratio of 14.1x compared to the market average, enhancing its appeal for dividend investors.

• Click here and access our complete dividend analysis report to understand the dynamics of Global Mixed-Mode Technology.
• Our comprehensive valuation report raises the possibility that Global Mixed-Mode Technology is priced lower than what may be justified by its financials.

Summing It All Up

• Investigate our full lineup of 1970 Top Dividend Stocks right here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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Seeking Other Investments?

• 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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