Stock Analysis

3 Excellent Dividend Stocks Yielding Up To 6%

SEHK:28
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As global markets show signs of recovery with major U.S. indexes approaching record highs, investors are increasingly focusing on stable income sources amid geopolitical uncertainties and economic shifts. In this context, dividend stocks offering yields up to 6% can be attractive for those seeking consistent returns; such stocks typically exhibit strong fundamentals and a history of reliable payouts, making them a potential consideration in today's dynamic market environment.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.34%★★★★★★
CAC Holdings (TSE:4725)4.55%★★★★★★
Yamato Kogyo (TSE:5444)3.97%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.29%★★★★★★
Padma Oil (DSE:PADMAOIL)6.64%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.40%★★★★★★
Nihon Parkerizing (TSE:4095)3.97%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.42%★★★★★★
E J Holdings (TSE:2153)3.87%★★★★★★
DoshishaLtd (TSE:7483)3.86%★★★★★★

Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.

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

Huhtamäki Oyj (HLSE:HUH1V)

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

Overview: Huhtamäki Oyj is a global provider of packaging solutions operating in countries including the United States, Germany, and India, with a market cap of €3.56 billion.

Operations: Huhtamäki Oyj generates its revenue primarily from North America (€1.45 billion), Flexible Packaging (€1.31 billion), Foodservice Europe-Asia-Oceania (€990.60 million), and Fiber Packaging (€353.50 million).

Dividend Yield: 3.1%

Huhtamäki Oyj offers a reliable dividend yield of 3.09%, though it falls short compared to top Finnish dividend payers. Its dividends are well-covered by earnings and cash flows, with a payout ratio of 44.4% and cash payout ratio of 55.7%. Despite high debt levels, the company trades at a significant discount to its estimated fair value and has shown robust earnings growth recently. Recent refinancing efforts include a €450 million sustainability-linked credit facility, enhancing financial flexibility.

HLSE:HUH1V Dividend History as at Nov 2024
HLSE:HUH1V Dividend History as at Nov 2024

Cheil Worldwide (KOSE:A030000)

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

Overview: Cheil Worldwide Inc. offers a range of marketing solutions globally and has a market cap of approximately ₩1.85 trillion.

Operations: Cheil Worldwide Inc.'s revenue is primarily derived from its diverse marketing solutions offered across global markets.

Dividend Yield: 6.1%

Cheil Worldwide offers a strong dividend yield of 6.08%, placing it in the top 25% of Korean dividend payers. The company's dividends are covered by both earnings and cash flows, with payout ratios of 60.2% and 81.4%, respectively, indicating sustainability. While dividends have been stable and growing, Cheil has only a five-year history of payments. Trading at 71% below its estimated fair value, the stock is considered undervalued with positive growth forecasts for earnings.

KOSE:A030000 Dividend History as at Nov 2024
KOSE:A030000 Dividend History as at Nov 2024

Tian An China Investments (SEHK:28)

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

Overview: Tian An China Investments Company Limited is an investment holding company that focuses on investing in, developing, and managing properties across the People's Republic of China, Hong Kong, the United Kingdom, and Australia with a market capitalization of HK$5.57 billion.

Operations: Tian An China Investments Company Limited generates revenue primarily through its Property Development segment, contributing HK$1.10 billion, and its Property Investment segment, contributing HK$581.17 million.

Dividend Yield: 5.3%

Tian An China Investments provides a reliable dividend yield of 5.26%, though it falls short of the top 25% in Hong Kong. Dividends are well covered by earnings and cash flows, with payout ratios around 41%, suggesting sustainability. Over the past decade, dividends have been stable and growing with little volatility. The stock is trading at a discount of 21.8% to its estimated fair value, potentially offering good value for investors seeking income stability.

SEHK:28 Dividend History as at Nov 2024
SEHK:28 Dividend History as at Nov 2024

Taking Advantage

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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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