Open Up Group And 2 Other Leading Dividend Stocks

As global markets experience a resurgence, buoyed by easing core U.S. inflation and robust bank earnings, investors are increasingly turning their attention to dividend stocks as a reliable source of income amidst the fluctuating economic landscape. In this context, selecting strong dividend stocks can provide stability and consistent returns, making them an attractive option for those looking to capitalize on current market conditions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Financial Institutions (NasdaqGS:FISI)	4.45%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.29%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.17%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.97%	★★★★★★
CAC Holdings (TSE:4725)	4.68%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.49%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.91%	★★★★★★
E J Holdings (TSE:2153)	4.09%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.91%	★★★★★★

Click here to see the full list of 1981 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Open Up Group (TSE:2154)

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

Overview: Open Up Group Inc. operates in engineer dispatching, subcontracting, outsourcing, and recruiting for construction management, manufacturing, machinery, electronics, and IT software sectors both in Japan and internationally with a market cap of ¥157.51 billion.

Operations: Open Up Group Inc.'s revenue segments include ¥37.35 billion from Overseas, ¥47 billion from Construction, and ¥94.37 billion from the Mechanical and Electronics/IT Field.

Dividend Yield: 4.1%

Open Up Group's dividend yield of 4.09% ranks in the top 25% of the JP market, supported by a sustainable payout ratio of 53.1%. Despite earnings growth averaging 36.5% annually over five years, dividends have been volatile with significant annual drops over the past decade. However, cash flow coverage remains strong at a 45.5% payout ratio, suggesting current dividends are well-supported despite past instability in payments.

• Navigate through the intricacies of Open Up Group with our comprehensive dividend report here.
• Our valuation report unveils the possibility Open Up Group's shares may be trading at a discount.

Noritake (TSE:5331)

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

Overview: Noritake Co., Limited, with a market cap of ¥107.61 billion, operates through its subsidiaries to offer industrial, ceramic and material, engineering, and tabletop products both in Japan and internationally.

Operations: Noritake Co., Limited generates revenue through its industrial, ceramic and material, engineering, and tabletop product segments.

Dividend Yield: 3.4%

Noritake's dividend yield of 3.44% is below the top 25% of JP market payers, but its low payout ratio of 16% ensures dividends are well-covered by earnings. Despite a reasonable cash payout ratio of 59.9%, dividends have been volatile with annual drops over the past decade, indicating an unstable track record. Recent buybacks totaling ¥2.5 billion suggest a focus on shareholder returns, potentially supporting future dividend stability despite past inconsistencies.

• Click here to discover the nuances of Noritake with our detailed analytical dividend report.
• Our valuation report here indicates Noritake may be undervalued.

Starzen (TSE:8043)

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

Overview: Starzen Company Limited operates in Japan, focusing on the processing, manufacturing, and sale of meat and meat products, with a market cap of ¥55.46 billion.

Operations: Starzen Company Limited's revenue primarily comes from its Meat Related Business segment, which generated ¥417.61 billion.

Dividend Yield: 3.9%

Starzen's dividend yield of 3.86% places it in the top 25% of JP market payers, with a low payout ratio of 23.6%, indicating dividends are well-covered by earnings despite lacking free cash flow coverage. Dividends have been stable and growing over the past decade, supported by a revised policy targeting a 3.0% Dividend on Equity (DOE). The recent increase to ¥110 per share underscores management's commitment to progressive shareholder returns amidst ongoing strategic investments.

• Dive into the specifics of Starzen here with our thorough dividend report.
• The analysis detailed in our Starzen valuation report hints at an inflated share price compared to its estimated value.

Make It Happen

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Searching for a Fresh Perspective?

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• 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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