3 Dividend Stocks To Consider With Up To 4.4% Yield

As global markets navigate a mixed landscape of fluctuating consumer confidence and economic indicators, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In the current climate, characterized by moderate gains in major stock indexes and varying economic signals across regions, selecting dividend stocks with attractive yields can offer a measure of stability and income potential amidst market uncertainties.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.33%	★★★★★★
CAC Holdings (TSE:4725)	4.84%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.36%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.42%	★★★★★★
GakkyushaLtd (TSE:9769)	4.38%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.66%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.26%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.38%	★★★★★★

Click here to see the full list of 1941 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Henan Shenhuo Coal Industry and Electricity Power (SZSE:000933)

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

Overview: Henan Shenhuo Coal Industry and Electricity Power Co. operates in the coal mining and electricity generation sectors, with a market cap of CN¥38.01 billion.

Operations: Henan Shenhuo Coal Industry and Electricity Power Co. generates revenue through its operations in coal mining and electricity generation.

Dividend Yield: 3.6%

Henan Shenhuo Coal Industry and Electricity Power Co. Ltd. recently affirmed a cash dividend of CNY 3 per 10 A shares for Q3 2024, highlighting its commitment to shareholder returns despite a volatile dividend history over the past decade. The company's dividends are well-covered by earnings and cash flows with payout ratios of 45.9% and 15.2%, respectively, although net income has declined year-over-year to CNY 3.54 billion from CNY 4.10 billion, indicating potential challenges in sustaining future payouts without consistent earnings growth.

• Click to explore a detailed breakdown of our findings in Henan Shenhuo Coal Industry and Electricity Power's dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Henan Shenhuo Coal Industry and Electricity Power shares in the market.

Chubu Steel Plate (TSE:5461)

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

Overview: Chubu Steel Plate Co., Ltd., along with its subsidiaries, manufactures and sells steel plates in Japan, with a market capitalization of ¥67 billion.

Operations: Chubu Steel Plate Co., Ltd. generates its revenue through the production and distribution of steel plates within Japan.

Dividend Yield: 4.5%

Chubu Steel Plate's dividend is well-supported by both earnings and cash flow, with payout ratios of 25.2% and 33.9%, respectively, making it sustainable despite a history of volatility over the past decade. The company's recent half-year results showed net income of ¥2.50 billion on sales of ¥30.53 billion, suggesting financial stability to maintain its dividend yield, which ranks in the top quartile within Japan's market at 4.49%.

• Click here and access our complete dividend analysis report to understand the dynamics of Chubu Steel Plate.
• Our valuation report here indicates Chubu Steel Plate may be overvalued.

Mory Industries (TSE:5464)

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

Overview: Mory Industries Inc. manufactures and sells stainless steel and welded carbon steel products in Japan, with a market cap of ¥37.78 billion.

Operations: Mory Industries Inc. generates revenue of ¥44.54 billion from Japan and ¥2.26 billion from Indonesia through its operations in stainless steel and welded carbon steel products.

Dividend Yield: 3.7%

Mory Industries' dividend is well-supported, with a cash payout ratio of 30.3% and an earnings payout ratio of 42.3%, ensuring sustainability. Despite offering a yield of 3.68%, slightly below the top quartile in Japan, its payments have been stable and growing over the past decade. Trading at 65.1% below estimated fair value suggests potential undervaluation, while its reliable dividend history adds appeal for income-focused investors seeking consistent returns.

• Unlock comprehensive insights into our analysis of Mory Industries stock in this dividend report.
• In light of our recent valuation report, it seems possible that Mory Industries is trading behind its estimated value.

Key Takeaways

• Unlock more gems! Our Top Dividend Stocks screener has unearthed 1938 more companies for you to explore.Click here to unveil our expertly curated list of 1941 Top Dividend Stocks.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
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Curious About Other Options?

• 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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