3 Dividend Stocks Offering Yields Up To 8.8%

As global markets continue to reach new heights, with major indices like the Dow Jones Industrial Average and S&P 500 Index hitting record intraday highs, investors are keenly observing the impact of domestic policy changes and geopolitical developments on their portfolios. In this environment of economic shifts and market momentum, dividend stocks offering attractive yields can provide a reliable income stream.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.57%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.26%	★★★★★★
GakkyushaLtd (TSE:9769)	4.60%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.18%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.85%	★★★★★★
E J Holdings (TSE:2153)	3.87%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.46%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.45%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.85%	★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

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

Best Pacific International Holdings (SEHK:2111)

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

Overview: Best Pacific International Holdings Limited, with a market cap of HK$3.17 billion, operates through its subsidiaries to manufacture, trade in, and sell elastic fabric, elastic webbing, and lace.

Operations: Best Pacific International Holdings generates revenue from the manufacturing and trading of elastic webbing (HK$915.53 million) and elastic fabric and lace (HK$3.76 billion).

Dividend Yield: 8.9%

Best Pacific International Holdings has shown a volatile dividend history over the past decade, with significant fluctuations in annual payments. Despite this instability, its dividends are well-covered by earnings and cash flows, boasting a payout ratio of 52.9% and cash payout ratio of 45.3%. Trading at good value compared to peers, the company offers a high dividend yield in Hong Kong's market but lacks consistent reliability in dividend growth.

• Take a closer look at Best Pacific International Holdings' potential here in our dividend report.
• In light of our recent valuation report, it seems possible that Best Pacific International Holdings is trading behind its estimated value.

Kyowa Leather Cloth (TSE:3553)

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

Overview: Kyowa Leather Cloth Co., Ltd. manufactures and sells synthetic leather cover materials in Japan, with a market cap of ¥15.49 billion.

Operations: Kyowa Leather Cloth Co., Ltd.'s revenue segments primarily focus on the production and sale of synthetic leather materials within Japan.

Dividend Yield: 4.9%

Kyowa Leather Cloth offers a high dividend yield at 4.87%, placing it among the top 25% in Japan's market. However, its dividend history is marked by volatility and unreliability over the past decade, with payments not well covered by free cash flows. Despite this, its payout ratio of 62.6% suggests dividends are covered by earnings. The stock trades at a favorable price-to-earnings ratio of 8.5x compared to the JP market average of 13.5x.

• Click here and access our complete dividend analysis report to understand the dynamics of Kyowa Leather Cloth.
• Our valuation report here indicates Kyowa Leather Cloth may be overvalued.

Shinkong Insurance (TWSE:2850)

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

Overview: Shinkong Insurance Co., Ltd. offers property insurance services to both individuals and corporates in Taiwan, with a market cap of NT$32.07 billion.

Operations: Shinkong Insurance Co., Ltd.'s revenue is primarily derived from its property insurance segment, amounting to NT$20.59 billion.

Dividend Yield: 4.8%

Shinkong Insurance's dividend yield of 4.8% is among the top 25% in Taiwan, supported by a low payout ratio of 48.5%, ensuring coverage by earnings and cash flows (59.2%). Despite past volatility and unreliability, dividends have grown over the last decade. Recent earnings show mixed results; Q3 net income decreased to NT$814.76 million from NT$995.64 million year-over-year, though nine-month net income rose to NT$2.5 billion from NT$2.17 billion previously.

• Navigate through the intricacies of Shinkong Insurance with our comprehensive dividend report here.
• Our valuation report here indicates Shinkong Insurance may be undervalued.

Turning Ideas Into Actions

• Investigate our full lineup of 1943 Top Dividend Stocks right here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Want To Explore Some Alternatives?

• 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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