3 Reliable Dividend Stocks Offering Up To 4.7% Yield

In a week marked by mixed results across major U.S. stock indexes, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite reaching record highs while the Russell 2000 lagged behind, investors are keeping a close eye on dividend stocks as a potential source of stable returns amid market volatility. As geopolitical tensions and economic data continue to influence market dynamics, selecting reliable dividend stocks can provide investors with consistent income streams while navigating uncertain financial landscapes.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.13%	★★★★★★
CAC Holdings (TSE:4725)	4.67%	★★★★★★
Yamato Kogyo (TSE:5444)	3.97%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.21%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.35%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.06%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.96%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.36%	★★★★★★
E J Holdings (TSE:2153)	3.91%	★★★★★★
DoshishaLtd (TSE:7483)	3.83%	★★★★★★

Click here to see the full list of 1933 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

VSTECS Holdings (SEHK:856)

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

Overview: VSTECS Holdings Limited is an investment holding company that develops IT product channels and provides technical solution integration services in North Asia and South East Asia, with a market cap of approximately HK$7.73 billion.

Operations: VSTECS Holdings Limited generates revenue from its segments in Cloud Computing (HK$3.44 billion), Enterprise Systems (HK$44.82 billion), and Consumer Electronics (HK$31.69 billion).

Dividend Yield: 4.8%

VSTECS Holdings' dividends are well-covered by earnings and cash flows, with payout ratios of 41.1% and 48.9%, respectively, indicating sustainability despite a volatile dividend history over the past decade. The company's dividend yield of 4.76% is lower than the top quartile in Hong Kong, but its price-to-earnings ratio of 8.9x suggests it may be undervalued relative to the market average of 10.1x.

• Unlock comprehensive insights into our analysis of VSTECS Holdings stock in this dividend report.
• Insights from our recent valuation report point to the potential overvaluation of VSTECS Holdings shares in the market.

Jiangsu Phoenix Publishing & Media (SHSE:601928)

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

Overview: Jiangsu Phoenix Publishing & Media Corporation Limited is involved in the editing, publishing, and distribution of books, newspapers, electronic publications, and audio-visual products in China with a market cap of CN¥28.30 billion.

Operations: Jiangsu Phoenix Publishing & Media Corporation Limited generates revenue from the editing, publishing, and distribution of various media forms including books, newspapers, electronic publications, and audio-visual products in China.

Dividend Yield: 4.5%

Jiangsu Phoenix Publishing & Media's dividend yield of 4.5% ranks in the top 25% of Chinese dividend payers, yet its dividends have been unreliable over the past decade, with significant volatility. Despite a moderate payout ratio of 50.5%, dividends are not well-supported by cash flows, indicated by a high cash payout ratio of 153.1%. The stock trades at a favorable price-to-earnings ratio of 11.2x compared to the market average, although earnings are expected to decline in coming years.

• Get an in-depth perspective on Jiangsu Phoenix Publishing & Media's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Jiangsu Phoenix Publishing & Media shares in the market.

KYB (TSE:7242)

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

Overview: KYB Corporation manufactures and sells automotive, hydraulic, and aircraft components worldwide, with a market cap of ¥133.23 billion.

Operations: KYB Corporation's revenue segments include automotive components at ¥299,000 million, hydraulic components at ¥175,000 million, and aircraft components at ¥25,000 million.

Dividend Yield: 3.8%

KYB Corporation has a dividend yield of 3.76%, slightly below the top 25% in Japan, with dividends well-covered by earnings and cash flows, given payout ratios of 42.1% and 46.9%, respectively. Despite a history of volatile dividends over the past decade, recent moves like a share buyback program worth ¥20 billion and an upcoming stock split aim to enhance shareholder value. The stock's price-to-earnings ratio is attractively lower than the market average at 11.2x.

• Click here and access our complete dividend analysis report to understand the dynamics of KYB.
• Upon reviewing our latest valuation report, KYB's share price might be too optimistic.

Key Takeaways

• Take a closer look at our Top Dividend Stocks list of 1933 companies by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Ready To Venture Into Other Investment Styles?

• 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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