3 Dividend Stocks To Consider With Yields Up To 5.1%

As global markets navigate a complex landscape marked by fluctuating consumer confidence and mixed economic signals, investors are increasingly seeking stability through dividend stocks. In such an environment, selecting stocks with reliable yields can provide a buffer against volatility while offering potential income, making them an attractive consideration for those looking to bolster their portfolios.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.05%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
CAC Holdings (TSE:4725)	4.84%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
GakkyushaLtd (TSE:9769)	4.38%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.83%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.38%	★★★★★★
E J Holdings (TSE:2153)	3.82%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.85%	★★★★★★

Click here to see the full list of 1942 stocks from our Top Dividend Stocks screener.

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

Sumiseki HoldingsInc (TSE:1514)

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

Overview: Sumiseki Holdings Inc (TSE:1514) is engaged in the import, purchase, and sale of coal in Japan, with a market capitalization of approximately ¥39.83 billion.

Operations: Sumiseki Holdings Inc's revenue segments include the Coal Business at ¥12.40 billion, Quarrying Business at ¥500 million, and New Material Business at ¥272 million.

Dividend Yield: 3.2%

Sumiseki Holdings Inc. has a reasonable payout ratio of 70.2%, indicating its dividends are covered by earnings, and a cash payout ratio of 69.2% suggests coverage by cash flows as well. However, the dividend payments have been volatile and unreliable over the past decade, with significant annual drops exceeding 20%. Despite some growth in dividends over ten years, the yield is lower than Japan's top quartile dividend payers at 3.23%.

• Delve into the full analysis dividend report here for a deeper understanding of Sumiseki HoldingsInc.
• Our valuation report here indicates Sumiseki HoldingsInc may be overvalued.

Bunka Shutter (TSE:5930)

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

Overview: Bunka Shutter Co., Ltd. manufactures and sells various shutters and construction materials in Japan, with a market cap of ¥138.40 billion.

Operations: Bunka Shutter Co., Ltd. generates revenue from several segments, including the Shutter Business at ¥98.54 billion, Construction-Related Materials Business at ¥88.31 billion, Service Business at ¥30.87 billion, and Refurbishment Business at ¥5.69 billion.

Dividend Yield: 3.3%

Bunka Shutter Co., Ltd. recently increased its dividend to JPY 32.00 per share, up from JPY 21.00 a year ago, reflecting growth despite a history of volatility and unreliability in payments over the past decade. The company's dividends are well covered by earnings and cash flows, with payout ratios of 48.3% and 31.8%, respectively, though the yield remains below Japan's top quartile at 3.29%.

• Unlock comprehensive insights into our analysis of Bunka Shutter stock in this dividend report.
• According our valuation report, there's an indication that Bunka Shutter's share price might be on the expensive side.

Topy Industries (TSE:7231)

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

Overview: Topy Industries, Limited operates in the steel, automotive, and industrial machinery components sectors in Japan with a market cap of ¥45.73 billion.

Operations: Topy Industries, Limited generates revenue primarily from its Steel Business with ¥127.57 billion and its Automobile & Industrial Machinery Parts segment with ¥193.90 billion.

Dividend Yield: 5.1%

Topy Industries maintained its dividend at JPY 30.00 per share, though earnings coverage remains inadequate with a high payout ratio of 115.1%. Despite a top-tier yield of 5.15% in Japan, the dividend's reliability is questionable due to historical volatility and profit margin declines from 2.2% to 0.6%. However, dividends are well covered by cash flows given a low cash payout ratio of 18.9%, although recent guidance revisions reflect challenges in sales and profitability expectations for the fiscal year ending March 2025.

• Navigate through the intricacies of Topy Industries with our comprehensive dividend report here.
• In light of our recent valuation report, it seems possible that Topy Industries is trading beyond its estimated value.

Where To Now?

• Discover the full array of 1942 Top Dividend Stocks right here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Seeking Other Investments?

• 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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