3 Solid Dividend Stocks Yielding Up To 9.8%

As global markets react to recent political developments and economic shifts, U.S. stocks have been buoyed by optimism surrounding potential trade deals and AI investments, reaching record highs. Amidst this backdrop of market enthusiasm, investors often turn to dividend stocks as a reliable source of income, especially in times of fluctuating growth expectations. A good dividend stock typically offers consistent payouts and stability, making it an attractive option for those looking to balance risk with steady returns in today's dynamic market environment.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.18%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	5.94%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.58%	★★★★★★
CAC Holdings (TSE:4725)	4.46%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.45%	★★★★★★
GakkyushaLtd (TSE:9769)	4.37%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.53%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.94%	★★★★★★
E J Holdings (TSE:2153)	3.96%	★★★★★★

Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Aichi Electric (NSE:6623)

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

Overview: Aichi Electric Co., Ltd., along with its subsidiaries, manufactures and sells electric power products both in Japan and internationally, with a market cap of ¥38.80 billion.

Operations: Aichi Electric Co., Ltd.'s revenue is primarily derived from its Rotating Machine segment, generating ¥65.97 billion, followed by the Power Equipment segment with ¥36.58 billion.

Dividend Yield: 3.9%

Aichi Electric's dividend yield of 3.87% is among the top 25% in the Japanese market but isn't fully covered by free cash flows, indicated by a high cash payout ratio of 142.3%. However, with a low payout ratio of 24.7%, dividends are well-covered by earnings and have been stable and growing over the past decade. Despite these strengths, potential investors should consider its current trading price at ¥1 billion below estimated fair value.

• Navigate through the intricacies of Aichi Electric with our comprehensive dividend report here.
• Our valuation report here indicates Aichi Electric may be undervalued.

C&D International Investment Group (SEHK:1908)

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

Overview: C&D International Investment Group Limited is an investment holding company involved in property development, real estate industry chain investment services, and industry investment activities across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of approximately HK$25.78 billion.

Operations: C&D International Investment Group Limited generates revenue primarily from its Property Development and Property Management and Other Related Services segment, amounting to CN¥142.82 billion.

Dividend Yield: 9.9%

C&D International Investment Group's dividend yield of 9.86% ranks in the top 25% of Hong Kong payers, yet it's not supported by free cash flows, highlighting sustainability concerns despite a reasonable payout ratio. Recent strategic alliances may impact future earnings, but current dividends remain volatile and unreliable over the past decade. The stock trades at a significant discount to estimated fair value, potentially offering relative value compared to peers amidst declining sales performance.

• Delve into the full analysis dividend report here for a deeper understanding of C&D International Investment Group.
• Our expertly prepared valuation report C&D International Investment Group implies its share price may be lower than expected.

Sumiseki HoldingsInc (TSE:1514)

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

Overview: Sumiseki Holdings, Inc. is involved in the import, purchase, and sale of coal in Japan and has a market capitalization of ¥46.15 billion.

Operations: Sumiseki Holdings, Inc. generates revenue through its Coal Business at ¥12.40 billion, Quarrying Business at ¥500 million, and New Material Business at ¥272 million.

Dividend Yield: 3.2%

Sumiseki Holdings Inc. has a volatile dividend history, with payments increasing over the past decade but remaining unreliable. The dividend yield of 3.24% is below the top tier in Japan, though dividends are covered by earnings (70.2% payout ratio) and cash flows (80.4% cash payout ratio). Despite a favorable price-to-earnings ratio of 10.5x compared to the market, recent shareholder dilution and share price volatility raise caution for investors seeking stable income streams.

• Get an in-depth perspective on Sumiseki HoldingsInc's performance by reading our dividend report here.
• According our valuation report, there's an indication that Sumiseki HoldingsInc's share price might be on the expensive side.

Next Steps

• Reveal the 1938 hidden gems among our Top Dividend Stocks screener with a single click here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Want To Explore Some Alternatives?

• 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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