Stock Analysis

3 Dividend Stocks Offering Up To 4.3% Yield

TWSE:2428
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As global markets show resilience with U.S. indexes nearing record highs and broad-based gains across sectors, investors are navigating a landscape marked by geopolitical tensions and economic uncertainties. In such an environment, dividend stocks offering yields up to 4.3% can provide a steady income stream, making them an attractive option for those seeking stability amid market fluctuations.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.53%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.51%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.33%★★★★★★
Padma Oil (DSE:PADMAOIL)6.67%★★★★★★
GakkyushaLtd (TSE:9769)4.49%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.38%★★★★★★
Nihon Parkerizing (TSE:4095)3.89%★★★★★★
E J Holdings (TSE:2153)3.81%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.49%★★★★★★
Premier Financial (NasdaqGS:PFC)4.43%★★★★★★

Click here to see the full list of 1954 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Nicca ChemicalLtd (TSE:4463)

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

Overview: Nicca Chemical Co., Ltd. manufactures and sells surfactants for various industries including textiles, metals, pulp and paper, paints, dyes, synthetic resins, and cleaning agents both in Japan and internationally with a market cap of ¥18.33 billion.

Operations: Nicca Chemical Co., Ltd.'s revenue is primarily derived from its Chemicals segment, which accounts for ¥38.33 billion, and its Cosmetics segment, contributing ¥13.44 billion.

Dividend Yield: 4.3%

Nicca Chemical Ltd.'s dividend payments are well-covered by earnings and cash flows, with a payout ratio of 10% and a cash payout ratio of 23.8%. Despite this strong coverage, the dividends have been volatile over the past decade. However, the company has increased its dividend payments during this period. Trading at a significant discount to estimated fair value, Nicca's current yield is among the top in Japan's market.

TSE:4463 Dividend History as at Nov 2024
TSE:4463 Dividend History as at Nov 2024

IDEA ConsultantsInc (TSE:9768)

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

Overview: IDEA Consultants, Inc. offers integrated consultancy services focused on social infrastructure development and environmental conservation projects both in Japan and internationally, with a market cap of ¥17.69 billion.

Operations: IDEA Consultants, Inc. generates revenue through its consultancy services in social infrastructure development and environmental conservation projects across domestic and international markets.

Dividend Yield: 3.6%

IDEA Consultants Inc. offers a stable dividend history with payments increasing over the past decade, supported by an 18.3% payout ratio and 33.6% cash payout ratio, indicating strong earnings and cash flow coverage. Although its dividend yield of 3.63% is slightly below the top quartile in Japan, it remains reliable and consistent. Currently trading at a significant discount to its fair value estimate, IDEA presents potential value for investors seeking steady dividends.

TSE:9768 Dividend History as at Nov 2024
TSE:9768 Dividend History as at Nov 2024

Thinking Electronic Industrial (TWSE:2428)

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

Overview: Thinking Electronic Industrial Co., Ltd. manufactures, processes, and sells electric devices, thermistors, varistors, and wires in Taiwan, China, and internationally with a market cap of NT$20.37 billion.

Operations: Thinking Electronic Industrial Co., Ltd. generates revenue from the manufacturing, processing, and sale of electric devices, thermistors, varistors, and wires across Taiwan, China, and international markets.

Dividend Yield: 3.3%

Thinking Electronic Industrial Co., Ltd. demonstrates a sustainable dividend profile with a payout ratio of 44% and cash payout ratio of 47.9%, ensuring dividends are well-covered by earnings and cash flows. The company has maintained stable dividend payments over the past decade, although its yield of 3.27% is below the top quartile in Taiwan's market. Recent earnings growth, alongside a favorable price-to-earnings ratio of 13.5x compared to the market, suggests potential value for investors focused on dividends.

TWSE:2428 Dividend History as at Nov 2024
TWSE:2428 Dividend History as at Nov 2024

Next Steps

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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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