Stock Analysis

3 Dividend Stocks To Consider With Yields As High As 7.3%

SET:FM
Source: Shutterstock

As global markets navigate the uncertainties surrounding the incoming Trump administration and fluctuating interest rate expectations, investors are seeking stability amidst volatility. In this environment, dividend stocks can offer a reliable income stream, making them an attractive option for those looking to balance risk with potential returns.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.14%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.13%★★★★★★
CAC Holdings (TSE:4725)4.62%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.25%★★★★★★
Padma Oil (DSE:PADMAOIL)6.74%★★★★★★
GakkyushaLtd (TSE:9769)4.47%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.38%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.33%★★★★★★
FALCO HOLDINGS (TSE:4671)6.73%★★★★★★
E J Holdings (TSE:2153)3.84%★★★★★★

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Food Moments (SET:FM)

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

Overview: Food Moments Public Company Limited is involved in the production and sale of butchered chicken and processed chicken products, with a market cap of THB4.05 billion.

Operations: Food Moments Public Company Limited generates revenue through the production and distribution of chicken parts (THB5.05 billion) and processed chicken parts (THB2.40 billion).

Dividend Yield: 7.3%

Food Moments recently declared a dividend of THB 0.15 per share, marking the start of its dividend payments. While it's too early to assess the reliability or growth of these dividends, they are well-covered by earnings and cash flows, with payout ratios at 26.1% and 53.4%, respectively. Despite lower profit margins compared to last year, its dividend yield is in the top 25% in Thailand's market and offers good value trading below estimated fair value.

SET:FM Dividend History as at Nov 2024
SET:FM Dividend History as at Nov 2024

Palram Industries (1990) (TASE:PLRM)

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

Overview: Palram Industries (1990) Ltd manufactures and sells thermoplastic sheets, panel systems, and finished products both in Israel and internationally, with a market cap of ₪1.86 billion.

Operations: Palram Industries (1990) Ltd generates revenue from several segments, including the Polycarbonate Sector at ₪947.77 million, PVC Sector at ₪420.95 million, Pur-U Sector at ₪185.04 million, and Canopia Sector at ₪259.90 million.

Dividend Yield: 3.2%

Palram Industries' dividend payments have been volatile over the past decade, despite a recent cash dividend of ILS 1.17 per share. The company's dividends are well covered by earnings and cash flows, with payout ratios of 40.2% and 37.5%, respectively, indicating sustainability in current conditions. Earnings grew significantly by 71.2% last year, supporting potential future payouts. Recently added to the TA-125 Index, Palram trades at a significant discount to its estimated fair value but offers a relatively low yield compared to top payers in Israel's market at 3.23%.

TASE:PLRM Dividend History as at Nov 2024
TASE:PLRM Dividend History as at Nov 2024

Gunma Bank (TSE:8334)

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

Overview: The Gunma Bank, Ltd. offers a range of banking and financial products and services in Japan with a market cap of ¥391.57 billion.

Operations: Gunma Bank's revenue is derived from its diverse range of banking and financial products and services offered within Japan.

Dividend Yield: 3.9%

Gunma Bank offers a stable dividend yield of 3.91%, placing it among the top 25% in Japan's market. The bank has consistently increased its dividends over the past decade, recently doubling its interim dividend to ¥20 per share. Despite a volatile share price, Gunma Bank's payout ratio is low at 32%, suggesting dividends are well covered by earnings. The bank also raised its profit guidance, indicating strong financial health and potential for continued shareholder returns.

TSE:8334 Dividend History as at Nov 2024
TSE:8334 Dividend History as at Nov 2024

Seize The Opportunity

  • Click this link to deep-dive into the 1964 companies within our Top Dividend Stocks screener.
  • Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
  • Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

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.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

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