3 Reliable Dividend Stocks Offering Up To 5.3% Yield

As global markets show signs of recovery with easing inflation and strong earnings reports, investors are increasingly focusing on value stocks, particularly in sectors like energy and financials that have recently outperformed. In this context, dividend stocks stand out as an attractive option for those seeking steady income streams; their reliability is underscored by the current economic environment where core inflation is cooling and interest rates remain stable.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.31%	★★★★★★
CAC Holdings (TSE:4725)	4.68%	★★★★★★
Yamato Kogyo (TSE:5444)	4.06%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.49%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.16%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.52%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.62%	★★★★★★
Nihon Parkerizing (TSE:4095)	4.01%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.67%	★★★★★★
E J Holdings (TSE:2153)	4.06%	★★★★★★

Click here to see the full list of 1975 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Sumitomo Riko (TSE:5191)

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

Overview: Sumitomo Riko Company Limited manufactures and sells automotive parts, with a market cap of ¥162.17 billion.

Operations: Sumitomo Riko Company Limited generates revenue primarily from Automobile Supplies, amounting to ¥570.67 billion, and General Industrial Supplies, contributing ¥75.81 billion.

Dividend Yield: 3.4%

Sumitomo Riko's dividend payments have been volatile over the past decade, despite recent earnings growth of 32%. The dividends are well-covered by both earnings and cash flows, with payout ratios of 23.6% and 17.4%, respectively. However, the dividend yield is lower than the top quartile in Japan at 3.39%. Trading at a significant discount to its estimated fair value may appeal to value-focused investors despite its unstable dividend history.

• Unlock comprehensive insights into our analysis of Sumitomo Riko stock in this dividend report.
• The analysis detailed in our Sumitomo Riko valuation report hints at an deflated share price compared to its estimated value.

Glory (TSE:6457)

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

Overview: Glory Ltd. develops and manufactures cash handling machines and systems across Japan, the United States, Europe, and Asia with a market cap of ¥144.96 billion.

Operations: Glory Ltd.'s revenue segments include the Overseas Market at ¥202.10 billion, the Amusement Market at ¥30.90 billion, the Financial Market at ¥75.34 billion, and the Distribution/Transportation Market at ¥84.94 billion.

Dividend Yield: 4.2%

Glory Ltd.'s dividend yield of 4.18% ranks in the top 25% of Japanese dividend payers, supported by low payout ratios of 23.2% for earnings and 13.9% for cash flows, ensuring sustainability. Despite a history of volatility, recent increases to ¥54 per share highlight growth potential. The company trades below estimated fair value and has revised its financial forecast upwards with net income expected at ¥13 billion, reflecting strong fiscal health amidst strategic treasury share disposal plans.

• Click here to discover the nuances of Glory with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, Glory's share price might be too pessimistic.

SK-ElectronicsLTD (TSE:6677)

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

Overview: SK-Electronics CO., LTD. manufactures and sells large-format photomasks both in Japan and internationally, with a market cap of ¥21.25 billion.

Operations: SK-Electronics CO., LTD. generates revenue primarily from its Large Photomask Business, which accounts for ¥25.64 billion, and its Solution Business, contributing ¥89.58 million.

Dividend Yield: 5.4%

SK-Electronics Ltd. offers a dividend yield of 5.38%, ranking in the top 25% of Japanese dividend payers, though it lacks free cash flow coverage, raising sustainability concerns. The payout ratio is moderate at 49.4%, indicating some earnings support despite past volatility and recent cuts from ¥162 to ¥109 per share for FY2024. Recent guidance suggests modest revenue growth with an expected slight dividend increase to ¥110 per share for FY2025 amidst a volatile share price environment.

• Click to explore a detailed breakdown of our findings in SK-ElectronicsLTD's dividend report.
• The valuation report we've compiled suggests that SK-ElectronicsLTD's current price could be inflated.

Summing It All Up

• Delve into our full catalog of 1975 Top Dividend Stocks here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

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.

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