Stock Analysis

3 Top Dividend Stocks Offering Yields Up To 4.4%

TSE:3632
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In the wake of recent global market movements, U.S. stocks have surged to new heights following a "red sweep" in the elections, with investors optimistic about potential economic growth and regulatory changes. Amidst these developments, dividend stocks become an attractive option for those seeking steady income streams; they offer potential stability and yield benefits even as markets react to political and economic shifts.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.51%★★★★★★
Globeride (TSE:7990)4.18%★★★★★★
Padma Oil (DSE:PADMAOIL)6.69%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.44%★★★★★★
E J Holdings (TSE:2153)3.83%★★★★★★
James Latham (AIM:LTHM)6.13%★★★★★★
Premier Financial (NasdaqGS:PFC)4.39%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.49%★★★★★★
DoshishaLtd (TSE:7483)3.84%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.90%★★★★★★

Click here to see the full list of 1955 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

TangShan Port GroupLtd (SHSE:601000)

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

Overview: TangShan Port Group Co., Ltd operates in the transportation and warehousing services sector in China with a market cap of CN¥26.79 billion.

Operations: TangShan Port Group Co., Ltd's revenue segments include transportation and warehousing services in China.

Dividend Yield: 4.4%

TangShan Port Group Ltd offers a mixed dividend profile. While its 4.42% yield ranks in the top 25% of Chinese dividend payers, the company's dividends have been volatile over the past decade. Despite this instability, dividends are well-covered by earnings (62.6%) and cash flows (60%). Recent financials show slight declines in revenue and net income for nine months ending September 2024, highlighting potential challenges amidst its attractive valuation with a P/E ratio of 14.2x below market average.

SHSE:601000 Dividend History as at Nov 2024
SHSE:601000 Dividend History as at Nov 2024

GREE (TSE:3632)

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

Overview: GREE, Inc. engages in Internet entertainment, investment, and incubation activities both in Japan and globally, with a market cap of ¥71.34 billion.

Operations: GREE, Inc.'s revenue segments include the Game and Anime Business at ¥42.19 billion, the Metaverse Business at ¥7.24 billion, the DX Business at ¥5.82 billion, and the Investment Business at ¥2.32 billion.

Dividend Yield: 4%

GREE Holdings, Inc. presents a complex dividend outlook. Despite being in the top 25% of Japanese dividend payers with a yield of 3.96%, its dividends have been volatile and are not well-covered by earnings, given a high payout ratio of 156.4%. However, cash flows do cover dividends with an 83.9% cash payout ratio. Recent restructuring into a holding company may impact future stability as profit margins have decreased to 3.1%.

TSE:3632 Dividend History as at Nov 2024
TSE:3632 Dividend History as at Nov 2024

Rix (TSE:7525)

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

Overview: Rix Corporation manufactures and sells machinery equipment and industrial materials in Japan with a market cap of ¥22.35 billion.

Operations: Rix Corporation's revenue segments include machinery equipment and industrial materials in Japan.

Dividend Yield: 4.1%

Rix Corporation offers a compelling dividend profile with its 4.09% yield ranking in the top 25% of Japanese payers and a low payout ratio of 22.3%, ensuring earnings cover dividends well. Cash flows also support payouts, reflected by a cash payout ratio of 48.7%. However, the dividend track record shows volatility over the past decade, indicating potential instability despite being undervalued at 87.5% below estimated fair value.

TSE:7525 Dividend History as at Nov 2024
TSE:7525 Dividend History as at Nov 2024

Summing It All Up

  • Get an in-depth perspective on all 1955 Top Dividend Stocks by using our screener here.
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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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