3 Reliable Dividend Stocks Yielding Up To 6.6%

In a week marked by mixed performances across major global indices, with growth stocks outpacing value shares and geopolitical tensions largely sidestepped by U.S. markets, investors are increasingly turning their attention to reliable income-generating opportunities amid economic uncertainties. In this context, dividend stocks stand out as a compelling choice for those seeking steady returns; they offer the dual benefits of potential capital appreciation and regular income distributions even as market dynamics fluctuate.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.99%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.61%	★★★★★★
CAC Holdings (TSE:4725)	4.75%	★★★★★★
GakkyushaLtd (TSE:9769)	4.43%	★★★★★★
Yamato Kogyo (TSE:5444)	4.00%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.44%	★★★★★★
E J Holdings (TSE:2153)	3.86%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.61%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.46%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.41%	★★★★★★

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

Here we highlight a subset of our preferred stocks from the screener.

Veidekke (OB:VEI)

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

Overview: Veidekke ASA is a construction and property development company operating in Norway, Sweden, and Denmark with a market cap of NOK18.75 billion.

Operations: Veidekke ASA's revenue segments include NOK15.16 billion from Construction Norway, NOK10.02 billion from Infrastructure Norway, NOK8.18 billion from Construction Sweden (excluding Infrastructure Sweden), NOK6.10 billion from Infrastructure Sweden, and NOK3.10 billion from Denmark.

Dividend Yield: 5.6%

Veidekke's dividend profile shows a mixed picture for investors. While the company has maintained a reasonable cash payout ratio of 49%, indicating dividends are well covered by cash flows, its earnings payout ratio stands at 81.1%. This suggests that while current earnings cover dividends, there is limited room for growth without increased earnings. The dividend yield of 5.58% is below the top quartile in Norway, and past payments have been volatile despite recent growth in earnings by 20.3%.

• Delve into the full analysis dividend report here for a deeper understanding of Veidekke.
• In light of our recent valuation report, it seems possible that Veidekke is trading behind its estimated value.

FALCO HOLDINGS (TSE:4671)

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

Overview: FALCO HOLDINGS Co., Ltd. is a medical service company in Japan that offers clinical testing and dispensing pharmacy services to medical institutions and companies, with a market cap of ¥24.54 billion.

Operations: FALCO HOLDINGS Co., Ltd. generates revenue through its Clinical Testing Business, which accounts for ¥26.07 billion, Dispensing Pharmacy Business at ¥15.82 billion, and ICT Business contributing ¥1.16 billion.

Dividend Yield: 6.6%

FALCO HOLDINGS offers a strong dividend profile with a yield of 6.64%, placing it in the top 25% of Japanese dividend payers. Its dividends are well-supported by earnings and cash flows, with payout ratios of 58.6% and 68.8%, respectively, ensuring sustainability. Over the past decade, dividends have been stable and growing, enhancing their reliability. Recent share buybacks totaling ¥371.75 million aim to improve capital efficiency, potentially benefiting future dividend distributions.

• Dive into the specifics of FALCO HOLDINGS here with our thorough dividend report.
• According our valuation report, there's an indication that FALCO HOLDINGS' share price might be on the cheaper side.

Nachi-Fujikoshi (TSE:6474)

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

Overview: Nachi-Fujikoshi Corp. is a machinery manufacturer operating in Japan, the rest of Asia, China, the Americas, and Europe with a market cap of ¥72.33 billion.

Operations: Nachi-Fujikoshi Corp. generates revenue through its operations as a machinery manufacturer across various regions including Japan, Asia, China, the Americas, and Europe.

Dividend Yield: 3.2%

Nachi-Fujikoshi's dividend profile is mixed, with a yield of 3.23% falling short of Japan's top quartile. Despite a volatile dividend history and lower profit margins (1.2%), dividends are covered by earnings (87%) and cash flows (31.5%). Recent share buybacks worth ¥1.38 billion indicate efforts to enhance capital flexibility amid business changes, potentially impacting future dividend stability positively, though past payments have been unreliable over the decade due to volatility and one-off items affecting results.

• Click to explore a detailed breakdown of our findings in Nachi-Fujikoshi's dividend report.
• Our expertly prepared valuation report Nachi-Fujikoshi implies its share price may be too high.

Seize The Opportunity

• Dive into all 1938 of the Top Dividend Stocks we have identified here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Interested In Other Possibilities?

• 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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