Stock Analysis

3 Dividend Stocks Yielding As High As 6.2%

TPEX:4974
Source: Shutterstock

As global markets continue to reach record highs, buoyed by positive economic indicators and geopolitical developments, investors are increasingly seeking stable income sources amid fluctuating policy landscapes. In this context, dividend stocks offer an attractive opportunity for those looking to capitalize on steady returns, particularly in a market environment where traditional growth avenues may face uncertainties.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)7.05%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.60%★★★★★★
Tsubakimoto Chain (TSE:6371)4.28%★★★★★★
Yamato Kogyo (TSE:5444)3.91%★★★★★★
Padma Oil (DSE:PADMAOIL)6.64%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.49%★★★★★★
Southside Bancshares (NYSE:SBSI)4.24%★★★★★★
Premier Financial (NasdaqGS:PFC)4.52%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.46%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.91%★★★★★★

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Banque Saudi Fransi (SASE:1050)

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

Overview: Banque Saudi Fransi offers banking and financial services to individuals and businesses both in the Kingdom of Saudi Arabia and internationally, with a market cap of SAR37.91 billion.

Operations: Banque Saudi Fransi's revenue is primarily derived from Retail Banking (SAR6.37 billion), Corporate Banking (SAR5.41 billion), and Investment Banking & Brokerage (SAR541.34 million).

Dividend Yield: 6.2%

Banque Saudi Fransi's dividend yield is among the top 25% in the Saudi Arabian market, with a payout ratio currently at 59.7%, indicating dividends are covered by earnings. Despite past volatility in dividend payments, there has been growth over the last decade. The stock trades below analyst price targets, suggesting potential appreciation. However, its unstable dividend history may concern some investors despite forecasts showing future coverage by earnings remaining strong at a 50.7% payout ratio in three years.

SASE:1050 Dividend History as at Dec 2024
SASE:1050 Dividend History as at Dec 2024

Asia Tech Image (TPEX:4974)

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

Overview: Asia Tech Image Inc. manufactures and sells contact image sensor modules in Taiwan and China, with a market cap of NT$6.55 billion.

Operations: Asia Tech Image Inc.'s revenue segments are comprised of NT$5.44 billion from Asia and NT$3.86 billion from Domestic markets.

Dividend Yield: 4.4%

Asia Tech Image's recent earnings report shows solid growth, with net income and sales increasing significantly year-over-year. Despite trading below estimated fair value, the dividend yield is slightly below the top 25% in Taiwan. The dividend payout ratio of 67.8% suggests dividends are covered by earnings and cash flows, yet a history of volatility in payments may concern investors seeking stability. While dividends have grown over ten years, past unreliability remains a factor to consider.

TPEX:4974 Dividend History as at Dec 2024
TPEX:4974 Dividend History as at Dec 2024

Kirin Holdings Company (TSE:2503)

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

Overview: Kirin Holdings Company, Limited operates in the food and beverages, pharmaceuticals, and health science sectors with a market cap of ¥1.73 trillion.

Operations: Kirin Holdings Company, Limited's revenue segments include Japan Beer and Spirits at ¥713.87 billion, Pharmaceuticals at ¥498.98 billion, and Japan Non-Alcoholic Beverages at ¥293.67 billion.

Dividend Yield: 3.3%

Kirin Holdings' dividend payments have been reliable and stable over the past decade, with a consistent growth trajectory. The company's dividends are well-covered by earnings and cash flows, maintaining a sustainable payout ratio of 54%. Despite trading at 41% below its estimated fair value, the dividend yield of 3.33% is lower than the top tier in Japan. Kirin's high debt level may pose some risk, but strong earnings growth supports its financial position.

TSE:2503 Dividend History as at Dec 2024
TSE:2503 Dividend History as at Dec 2024

Summing It All Up

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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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