Stock Analysis

3 Dividend Stocks To Consider With At Least 3% Yield

SEHK:590
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As global markets show signs of recovery with U.S. indexes approaching record highs and broad-based gains, investors are keenly observing economic indicators like jobless claims and home sales that suggest a resilient economic landscape despite ongoing geopolitical uncertainties. In this environment, dividend stocks offering yields of at least 3% can provide a steady income stream, making them an attractive option for those looking to balance growth potential with regular returns.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.17%★★★★★★
Nihon Parkerizing (TSE:4095)3.97%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.25%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.57%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.32%★★★★★★
Padma Oil (DSE:PADMAOIL)6.72%★★★★★★
GakkyushaLtd (TSE:9769)4.51%★★★★★★
FALCO HOLDINGS (TSE:4671)6.81%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.37%★★★★★★
DoshishaLtd (TSE:7483)3.83%★★★★★★

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

We'll examine a selection from our screener results.

Geumhwa Plant Service & Construction (KOSDAQ:A036190)

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

Overview: Geumhwa Plant Service & Construction Co., Ltd. operates in the plant service and construction industry, with a market cap of approximately ₩151.48 billion.

Operations: Unfortunately, the provided text does not contain specific revenue segment information for Geumhwa Plant Service & Construction Co., Ltd.

Dividend Yield: 5.1%

Geumhwa Plant Service & Construction's dividend yield is notable, ranking in the top 25% of dividend payers in the Korean market. Despite its stable payments over the past five years, dividends have not grown and remain volatile. The company's low payout ratio of 17.5% indicates strong coverage by both earnings and cash flows, suggesting sustainability. However, dividends have only been paid for five years without increases during this period.

KOSDAQ:A036190 Dividend History as at Nov 2024
KOSDAQ:A036190 Dividend History as at Nov 2024

Luk Fook Holdings (International) (SEHK:590)

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

Overview: Luk Fook Holdings (International) Limited is an investment holding company involved in sourcing, designing, wholesaling, trademark licensing, and retailing gold and platinum jewelry as well as gem-set jewelry products, with a market cap of approximately HK$8.92 billion.

Operations: Luk Fook Holdings (International) Limited generates revenue through several segments, including Licensing at HK$1.03 billion, Retailing in Mainland China at HK$2.86 billion, Wholesaling in Hong Kong at HK$2.65 billion, Wholesaling in Mainland China at HK$1.60 billion, and Retailing across Hong Kong, Macau, and Overseas markets totaling HK$9.99 billion.

Dividend Yield: 8.9%

Luk Fook Holdings (International) offers a high dividend yield, ranking in the top 25% within the Hong Kong market. Despite a solid cash payout ratio of 58.3% and earnings coverage at 45.2%, its dividend history has been volatile over the past decade, with payments not consistently growing or stable. Recent financial challenges include a significant drop in retail revenue and same-store sales across key markets, potentially impacting future dividend stability.

SEHK:590 Dividend History as at Nov 2024
SEHK:590 Dividend History as at Nov 2024

Sanlien Technology (TPEX:5493)

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

Overview: Sanlien Technology Corp. specializes in environment monitoring and micro-vibration detection products, as well as system integration services, with a market cap of NT$3.54 billion.

Operations: Sanlien Technology Corp.'s revenue is primarily derived from its Electronic Materials Division (NT$3.68 billion), Automation Monitoring Division (NT$544.30 million), and Foreign Sensors and Equipment Department (NT$61.91 million).

Dividend Yield: 3.1%

Sanlien Technology's dividend payments are well covered by both earnings and cash flows, with a payout ratio of 43% and a cash payout ratio of 17.2%. Despite this coverage, the company's dividend history has been unstable and volatile over the past decade. Recent earnings results show increased sales but decreased net income for the third quarter, potentially impacting future dividend sustainability. The stock trades at a significant discount to its estimated fair value.

TPEX:5493 Dividend History as at Nov 2024
TPEX:5493 Dividend History as at Nov 2024

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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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