3 Reliable Dividend Stocks Offering At Least 3% Yield

In recent weeks, global markets have experienced significant shifts, with U.S. stocks rallying to record highs following election results and the Federal Reserve's rate cut. As investors navigate these dynamic conditions, dividend stocks offering at least a 3% yield present an attractive option for those seeking stable income amidst potential market volatility. In this environment, a good dividend stock is one that not only provides consistent payouts but also demonstrates resilience against economic fluctuations and policy changes.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.51%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.79%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.69%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.44%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	3.88%	★★★★★★
E J Holdings (TSE:2153)	3.83%	★★★★★★
James Latham (AIM:LTHM)	6.13%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.39%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.49%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.90%	★★★★★★

Click here to see the full list of 1956 stocks from our Top Dividend Stocks screener.

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

NCD (TSE:4783)

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

Overview: NCD Co., Ltd. operates in Japan, focusing on system development, support and service, and parking system businesses, with a market cap of ¥17.26 billion.

Operations: NCD Co., Ltd. generates revenue through its operations in system development, support and service, and parking systems within Japan.

Dividend Yield: 3.1%

NCD Co., Ltd. recently announced an increase in its interim dividend to JPY 33 per share, up from JPY 27 last year, with a revised annual forecast of JPY 66 per share. The company's dividends are well-covered by earnings and cash flows, with payout ratios of 15.9% and 23%, respectively. Despite recent share price volatility, NCD's dividends have been stable and reliable over the past decade, supported by strong earnings growth and a strategic focus on shareholder returns.

• Unlock comprehensive insights into our analysis of NCD stock in this dividend report.
• According our valuation report, there's an indication that NCD's share price might be on the cheaper side.

Topre (TSE:5975)

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

Overview: Topre Corporation is involved in the manufacturing and sale of components for automobiles, temperature-controlled logistics, air conditioning systems, and electronic equipment across several countries including Japan, the United States, China, Mexico, Thailand, Indonesia, and India; it has a market cap of approximately ¥87.04 billion.

Operations: Topre Corporation's revenue is primarily derived from its Press-Related Product Business, generating ¥302.66 billion, and its Thermostat Related Segment, contributing ¥48.59 billion.

Dividend Yield: 3.1%

Topre Corporation's dividends, while covered by earnings and cash flows with low payout ratios of 19% and 18.8%, have been volatile over the past decade. The dividend yield of 3.09% is below the top tier in Japan, but its shares are trading at a good value relative to peers. Recent share buybacks aim to enhance capital efficiency, reflecting a flexible approach to capital management amidst an evolving business environment.

• Dive into the specifics of Topre here with our thorough dividend report.
• Upon reviewing our latest valuation report, Topre's share price might be too pessimistic.

Advancetek EnterpriseLtd (TWSE:1442)

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

Overview: Advancetek Enterprise Co., Ltd. operates in the construction, rental, and sale of residential and commercial buildings in Taiwan, with a market cap of NT$23.80 billion.

Operations: Advancetek Enterprise Ltd generates revenue from the construction, rental, and sale of both residential and commercial properties in Taiwan.

Dividend Yield: 4.9%

Advancetek Enterprise Ltd. offers a dividend yield of 4.9%, ranking in the top 25% of the Taiwan market, with dividends well covered by earnings and cash flows at payout ratios of 44.3% and 24.3%, respectively. However, its dividend history is marked by volatility and unreliability over the past decade, despite some growth during this period. The company's high debt level and recent share price volatility may concern investors seeking stability in dividend stocks.

• Click to explore a detailed breakdown of our findings in Advancetek EnterpriseLtd's dividend report.
• Our expertly prepared valuation report Advancetek EnterpriseLtd implies its share price may be lower than expected.

Where To Now?

• Delve into our full catalog of 1956 Top Dividend Stocks here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Contemplating Other Strategies?

• 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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