3 Reliable Dividend Stocks Yielding Up To 4.5%

As global markets show signs of resilience with U.S. indexes nearing record highs and positive sentiment bolstered by strong labor market data, investors are increasingly looking for stable income sources amidst geopolitical uncertainties and fluctuating economic indicators. In this environment, dividend stocks stand out as a compelling option, offering the potential for reliable income streams while benefiting from broad-based market gains.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.24%	★★★★★★
GakkyushaLtd (TSE:9769)	4.52%	★★★★★★
Yamato Kogyo (TSE:5444)	3.89%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.31%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.60%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.40%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.93%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.88%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.44%	★★★★★★
E J Holdings (TSE:2153)	3.89%	★★★★★★

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Murakami (TSE:7292)

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

Overview: Murakami Corporation manufactures and sells rear-view mirrors in Japan with a market cap of ¥57.30 billion.

Operations: Murakami Corporation's revenue segments include ¥33.58 billion from Asia, ¥50.99 billion from Japan, and ¥26.26 billion from North America.

Dividend Yield: 3.6%

Murakami Corporation's dividend is well-supported, with a low payout ratio of 17.9% and a cash payout ratio of 42.4%, ensuring sustainability from both earnings and free cash flows. Over the past decade, dividends have been stable and growing, although its yield of 3.64% falls short compared to Japan's top quartile payers. Recently added to the S&P Global BMI Index, Murakami offers a reliable dividend option at an attractive price-to-earnings ratio of 9.8x against the market average.

• Dive into the specifics of Murakami here with our thorough dividend report.
• Upon reviewing our latest valuation report, Murakami's share price might be too optimistic.

Mega Financial Holding (TWSE:2886)

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

Overview: Mega Financial Holding Co., Ltd. offers a range of financial services and has a market capitalization of NT$591.11 billion.

Operations: Mega Financial Holding Co., Ltd. generates its revenue primarily from financial services, with significant contributions from banking (NT$42.38 billion), securities (NT$3.15 billion), and insurance (NT$2.07 billion) segments.

Dividend Yield: 3.7%

Mega Financial Holding offers a stable dividend, supported by a payout ratio of 60.3%, expected to remain sustainable with future earnings coverage at 67%. Although its yield of 3.65% is below Taiwan's top quartile, dividends have shown reliability and growth over the past decade. Recent earnings reports indicate net income growth, with Q3 net interest income rising to TWD 9 billion from TWD 8.89 billion year-over-year, suggesting financial robustness despite shareholder dilution concerns.

• Unlock comprehensive insights into our analysis of Mega Financial Holding stock in this dividend report.
• Our comprehensive valuation report raises the possibility that Mega Financial Holding is priced higher than what may be justified by its financials.

OVB Holding (XTRA:O4B)

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

Overview: OVB Holding AG, with a market cap of €283.60 million, operates through its subsidiaries to offer advisory and brokerage services to private households across Europe.

Operations: OVB Holding AG generates revenue primarily from its insurance brokerage segment, which amounts to €392.74 million.

Dividend Yield: 4.5%

OVB Holding's dividends are well-supported, with a payout ratio of 69.3% and cash flow coverage at 68.3%. The company has consistently increased its dividend payments over the past decade, maintaining stability without significant volatility. Recent earnings reveal revenue growth to EUR 101.96 million in Q3, up from EUR 91.69 million year-over-year, and net income rising to EUR 4.09 million, indicating solid financial performance supporting future dividend sustainability despite its yield being slightly below Germany's top quartile.

• Delve into the full analysis dividend report here for a deeper understanding of OVB Holding.
• In light of our recent valuation report, it seems possible that OVB Holding is trading beyond its estimated value.

Seize The Opportunity

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Interested In Other Possibilities?

• 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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