Stock Analysis

Top Three Dividend Stocks To Consider For Your Portfolio

SZSE:002555
Source: Shutterstock

In the wake of recent global market shifts, where U.S. stocks have rallied to record highs amid expectations of growth-friendly policies following a Republican "red sweep," investors are increasingly focusing on strategies that can offer stability and income in uncertain times. Dividend stocks, known for their potential to provide consistent income streams and cushion against volatility, are gaining attention as a prudent choice for those looking to navigate the evolving economic landscape.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.63%★★★★★★
Tsubakimoto Chain (TSE:6371)4.19%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)6.90%★★★★★★
Globeride (TSE:7990)4.05%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.19%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.49%★★★★★★
Business Brain Showa-Ota (TSE:9658)4.06%★★★★★★
E J Holdings (TSE:2153)3.81%★★★★★★
Premier Financial (NasdaqGS:PFC)4.47%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.43%★★★★★★

Click here to see the full list of 1940 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

China Electronics Huada Technology (SEHK:85)

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

Overview: China Electronics Huada Technology Company Limited is an investment holding company involved in the design, development, and sale of integrated circuit chips in the People’s Republic of China, with a market cap of HK$2.86 billion.

Operations: The company's revenue primarily stems from its integrated circuit chips segment, generating HK$2.57 billion.

Dividend Yield: 7.1%

China Electronics Huada Technology's dividend payments have been volatile and unreliable over the past decade, despite being well covered by earnings (48.1% payout ratio) and cash flows (37.6% cash payout ratio). The dividend yield of 7.14% is below the top tier in Hong Kong, though dividends have increased over ten years. Recent leadership changes include Mr. Sun Jie as Chairman, potentially influencing future strategic directions amid declining profit margins and sales performance.

SEHK:85 Dividend History as at Nov 2024
SEHK:85 Dividend History as at Nov 2024

37 Interactive Entertainment Network Technology Group (SZSE:002555)

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

Overview: 37 Interactive Entertainment Network Technology Group Co., Ltd. is a company engaged in the development and operation of online games, with a market cap of CN¥36.43 billion.

Operations: The revenue segments for 37 Interactive Entertainment Network Technology Group Co., Ltd. are not provided in the given text.

Dividend Yield: 4.5%

37 Interactive Entertainment Network Technology Group offers a dividend yield of 4.5%, placing it in the top 25% of CN market payers, though payments have been volatile and unreliable over the past decade. The payout ratio is reasonable at 73.8%, but dividends are not well covered by cash flows, with a high cash payout ratio of 143.7%. Recent earnings show decreased net income despite increased sales, impacting dividend sustainability.

SZSE:002555 Dividend History as at Nov 2024
SZSE:002555 Dividend History as at Nov 2024

Startia HoldingsInc (TSE:3393)

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

Overview: Startia Holdings, Inc. operates in the IT sector both within Japan and internationally, with a market capitalization of ¥18.89 billion.

Operations: Startia Holdings, Inc. generates revenue through its IT business operations in Japan and abroad.

Dividend Yield: 4.4%

Startia Holdings' dividend yield of 4.35% ranks in the top 25% of JP market payers, supported by a low payout ratio of 20.4%, ensuring dividends are covered by earnings and cash flows. However, its dividend history is marked by volatility and unreliability over the past decade despite recent increases. The company has announced a share buyback program to enhance shareholder value, reflecting strong capital management amid growing earnings and revenue projections for fiscal year ending March 2025.

TSE:3393 Dividend History as at Nov 2024
TSE:3393 Dividend History as at Nov 2024

Seize The Opportunity

  • Click here to access our complete index of 1940 Top Dividend Stocks.
  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
  • Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Ready To Venture Into Other Investment Styles?

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.

Valuation is complex, but we're here to simplify it.

Discover if 37 Interactive Entertainment Network Technology Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com