3 Reliable Dividend Stocks Offering Up To 5.4% Yield

As global markets navigate a landscape marked by cautious Federal Reserve commentary and political uncertainties, investors are increasingly seeking stability amidst fluctuating indices. In this environment, dividend stocks stand out as a compelling option for those looking to balance risk with steady income, particularly when market volatility prompts a search for more predictable returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.30%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.23%	★★★★★★
Yamato Kogyo (TSE:5444)	4.11%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.53%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.61%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.04%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.73%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.22%	★★★★★★
E J Holdings (TSE:2153)	3.84%	★★★★★☆

Click here to see the full list of 1959 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

United Bankers Oyj (HLSE:UNITED)

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

Overview: United Bankers Oyj is a Finnish company that offers investment products and services, with a market cap of €196.83 million.

Operations: United Bankers Oyj generates its revenue primarily from Wealth Management (€56.90 million) and Capital Market Services (€1.38 million).

Dividend Yield: 5.4%

United Bankers Oyj's dividend payments are covered by earnings, with a payout ratio of 59.1%, and cash flows, at 41.1%. However, the dividends have been volatile and unreliable over the past decade despite some growth. The current yield of 5.41% is lower than top Finnish dividend payers. Trading below estimated fair value by 24.3%, it faces an expected earnings decline of 3.4% annually for three years ahead amidst recent executive changes with John Ojanperä as CEO from November 2024.

• Click here and access our complete dividend analysis report to understand the dynamics of United Bankers Oyj.
• Our valuation report here indicates United Bankers Oyj may be undervalued.

Okura Industrial (TSE:4221)

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

Overview: Okura Industrial Co., Ltd. manufactures and sells polyethylene and polypropylene products in Japan, with a market cap of ¥36.11 billion.

Operations: Okura Industrial Co., Ltd.'s revenue is primarily derived from its Synthetic Resin Business, which contributes ¥51.11 billion, followed by the Building Materials Business at ¥12.60 billion and New Materials at ¥14.03 billion.

Dividend Yield: 5.1%

Okura Industrial's dividend yield of 5.06% ranks in the top quartile of Japanese dividend payers, though recent guidance indicates a decrease to ¥100 per share from ¥110 last year. The payout ratio is a manageable 44%, yet dividends aren't backed by free cash flows, raising sustainability concerns despite stable and growing payouts over the past decade. The stock trades at an attractive P/E ratio of 8x compared to the market average, but earnings are impacted by significant one-off items.

• Click here to discover the nuances of Okura Industrial with our detailed analytical dividend report.
• Upon reviewing our latest valuation report, Okura Industrial's share price might be too pessimistic.

TYC Brother Industrial (TWSE:1522)

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

Overview: TYC Brother Industrial Co., Ltd. manufactures and sells vehicle lighting products in Taiwan, with a market cap of NT$19.65 billion.

Operations: TYC Brother Industrial Co., Ltd.'s revenue segments are comprised of NT$1.23 billion from Asia, NT$3.09 billion from Europe, NT$15.71 billion from Taiwan, and NT$9.14 billion from America.

Dividend Yield: 3.2%

TYC Brother Industrial's dividend yield of 3.17% is below the top tier in Taiwan, and its dividends have been volatile over the past decade. Despite this, a low payout ratio of 34.7% suggests dividends are well covered by earnings and cash flows, with a cash payout ratio of 23.6%. Recent financials show improved earnings, with net income rising to NT$1.61 billion for nine months ending September 2024 from NT$843.27 million last year, indicating potential for future stability if trends continue.

• Dive into the specifics of TYC Brother Industrial here with our thorough dividend report.
• Our valuation report unveils the possibility TYC Brother Industrial's shares may be trading at a discount.

Next Steps

• Gain an insight into the universe of 1959 Top Dividend Stocks by clicking here.
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Contemplating Other Strategies?

• 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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