Stock Analysis

3 Reliable Dividend Stocks Yielding Up To 4.5%

TWSE:2493
Source: Shutterstock

As global markets show resilience with U.S. indexes approaching record highs and broad-based gains, investors are navigating a landscape marked by geopolitical tensions and economic shifts. Amidst this backdrop, dividend stocks offering reliable yields up to 4.5% can be an attractive option for those seeking steady income streams, especially when broader market volatility persists.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.47%★★★★★★
Nihon Parkerizing (TSE:4095)3.96%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.28%★★★★★★
Padma Oil (DSE:PADMAOIL)6.72%★★★★★★
GakkyushaLtd (TSE:9769)4.50%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.30%★★★★★★
FALCO HOLDINGS (TSE:4671)6.80%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.41%★★★★★★
Premier Financial (NasdaqGS:PFC)4.30%★★★★★★
DoshishaLtd (TSE:7483)3.79%★★★★★★

Click here to see the full list of 1950 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Saint-Care Holding (TSE:2374)

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

Overview: Saint-Care Holding Corporation offers healthcare services in Japan and has a market cap of ¥18.10 billion.

Operations: Saint-Care Holding Corporation generates revenue through its healthcare services in Japan.

Dividend Yield: 3.7%

Saint-Care Holding offers a stable and reliable dividend, supported by a low payout ratio of 35.5% and a cash payout ratio of 22.4%, indicating strong earnings and cash flow coverage. Despite its dividend yield of 3.67% being slightly below the top quartile in the JP market, dividends have grown consistently over the past decade with minimal volatility. Additionally, the stock is trading at good value relative to peers and significantly below its estimated fair value.

TSE:2374 Dividend History as at Nov 2024
TSE:2374 Dividend History as at Nov 2024

NTN (TSE:6472)

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

Overview: NTN Corporation, along with its subsidiaries, manufactures and sells bearings, drive shafts, precision equipment, and other products both in Japan and globally, with a market cap of ¥130.66 billion.

Operations: NTN Corporation generates revenue from its primary segments, which include the manufacture and sale of bearings, drive shafts, and precision equipment across domestic and international markets.

Dividend Yield: 4.5%

NTN Corporation's dividend yield of 4.46% is among the top 25% in Japan, yet its high payout ratio of 190.5% suggests dividends are not well covered by earnings, though cash flows provide better coverage with a cash payout ratio of 38.1%. The company's dividend history over the past decade has been volatile and unreliable, with significant annual drops exceeding 20%. Despite trading significantly below estimated fair value, debt coverage remains a concern.

TSE:6472 Dividend History as at Nov 2024
TSE:6472 Dividend History as at Nov 2024

Ampoc Far-East (TWSE:2493)

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

Overview: Ampoc Far-East Co., Ltd. is a company that researches, manufactures, and supplies equipment and materials for the electronic industry in Taiwan, with a market cap of NT$12.47 billion.

Operations: Ampoc Far-East Co., Ltd. generates revenue by providing specialized equipment and materials to Taiwan's electronic sector.

Dividend Yield: 4.6%

Ampoc Far-East's dividend yield of 4.59% ranks in the top 25% of Taiwan's market, with dividends covered by earnings and cash flows at payout ratios of 85% and 82.9%, respectively. Despite recent sales growth, net income has declined slightly year-over-year, impacting earnings per share. The company's dividend history shows volatility with annual drops over 20%, raising concerns about sustainability despite trading below its estimated fair value by 26.1%.

TWSE:2493 Dividend History as at Nov 2024
TWSE:2493 Dividend History as at Nov 2024

Summing It All Up

  • Click this link to deep-dive into the 1950 companies within our Top Dividend Stocks screener.
  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
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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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About TWSE:2493

Ampoc Far-East

Researches, manufactures, and sells equipment and materials for the electrical industry in Taiwan, China, and Hong Kong.

Excellent balance sheet established dividend payer.

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