Stock Analysis

Rubis Leads These 3 High-Yield Dividend Stocks

Published

As global markets navigate a period of cautious optimism following the Federal Reserve's recent rate cut and amid political uncertainties, investors are increasingly seeking stability in high-yield dividend stocks. In such a volatile environment, companies that consistently deliver strong dividends can offer a measure of financial security and income potential, making them attractive options for those looking to weather market fluctuations.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)6.38%★★★★★★
Tsubakimoto Chain (TSE:6371)4.15%★★★★★★
CAC Holdings (TSE:4725)4.74%★★★★★★
Yamato Kogyo (TSE:5444)4.06%★★★★★★
Padma Oil (DSE:PADMAOIL)7.54%★★★★★★
GakkyushaLtd (TSE:9769)4.36%★★★★★★
Nihon Parkerizing (TSE:4095)3.87%★★★★★★
FALCO HOLDINGS (TSE:4671)6.48%★★★★★★
E J Holdings (TSE:2153)3.84%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)5.22%★★★★★★

Click here to see the full list of 1937 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Rubis (ENXTPA:RUI)

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

Overview: Rubis operates bulk liquid storage facilities for commercial and industrial customers across Europe, Africa, and the Caribbean, with a market cap of €2.39 billion.

Operations: Rubis generates revenue primarily from Energy Distribution (€6.60 billion) and Renewable Electricity Production (€48.02 million).

Dividend Yield: 8.5%

Rubis offers an attractive dividend yield of 8.55%, placing it in the top 25% of French market payers, supported by a sustainable payout ratio of 65.4% from earnings and 57.9% from cash flows. Despite high debt levels, its dividends have remained stable and reliable over the past decade. The company trades at a favorable price-to-earnings ratio of 7.6x compared to the broader French market, enhancing its appeal for value-focused investors.

ENXTPA:RUI Dividend History as at Dec 2024

Nihon Dengi (TSE:1723)

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

Overview: Nihon Dengi Co., Ltd. operates in the automatic control system business in Japan and has a market cap of ¥53.91 billion.

Operations: Nihon Dengi Co., Ltd.'s revenue segments are not specified in the provided text.

Dividend Yield: 6.8%

Nihon Dengi's dividend yield of 6.79% ranks in the top 25% of the Japanese market, supported by a low payout ratio of 13.8%, indicating strong earnings coverage. Although dividends have only been paid for four years, they have grown consistently with minimal volatility. Recent guidance anticipates net sales of ¥42.5 billion and operating profit of ¥7.5 billion for fiscal year ending March 2025, alongside an increased dividend payment to ¥82 per share, reflecting ongoing financial strength and commitment to shareholders.

TSE:1723 Dividend History as at Dec 2024

Mitsui (TSE:8031)

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

Overview: Mitsui & Co., Ltd. is a global trading and investment company with a market cap of ¥9.36 trillion.

Operations: Mitsui & Co., Ltd.'s revenue segments include Energy (¥3.61 billion), Chemicals (¥2.91 billion), Lifestyle (¥3.25 billion), Iron & Steel Products (¥667.31 million), Mineral & Metal Resources (¥2.09 billion), Machinery & Infrastructure (¥1.46 billion), and Innovation & Corporate Development (¥285.17 million).

Dividend Yield: 3.1%

Mitsui's interim dividend of JPY 50 per share reflects a commitment to shareholder returns, supported by a low payout ratio of 27.1%, ensuring dividends are well-covered by earnings and cash flow. Despite recent net income decline, the company raised its profit guidance for fiscal year ending March 2025 to JPY 920 billion. However, Mitsui's dividends have been historically volatile and its yield of 3.06% is below top-tier levels in Japan, highlighting potential concerns for dividend stability despite strong financial positioning.

TSE:8031 Dividend History as at Dec 2024

Taking Advantage

Looking For Alternative Opportunities?

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: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

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