Exploring Selamat Sempurna And Two Additional High Dividend Stocks

As global markets navigate a landscape marked by fluctuating inflation rates and cautious monetary policies, investors are increasingly seeking reliable income streams through high dividend stocks. In this context, understanding the attributes that contribute to a strong dividend-paying stock is crucial, especially in a market environment where stability and consistent yield are at a premium.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Allianz (XTRA:ALV)	5.14%	★★★★★★
Mitsubishi Shokuhin (TSE:7451)	3.51%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	8.00%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	3.70%	★★★★★★
Sonae SGPS (ENXTLS:SON)	5.95%	★★★★★★
Globeride (TSE:7990)	3.80%	★★★★★★
HITO-Communications HoldingsInc (TSE:4433)	3.63%	★★★★★★
Kwong Lung Enterprise (TPEX:8916)	5.96%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.52%	★★★★★★
GakkyushaLtd (TSE:9769)	4.20%	★★★★★★

Click here to see the full list of 1910 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Selamat Sempurna (IDX:SMSM)

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

Overview: PT Selamat Sempurna Tbk operates in manufacturing and selling tools or equipment for vehicles, heavy equipment, and other machinery, with a market capitalization of approximately IDR 10.37 billion.

Operations: PT Selamat Sempurna Tbk generates revenue primarily through its Filter, Trading, Radiator, and Body Maker segments, totaling IDR 3.68 billion.

Dividend Yield: 5.8%

Selamat Sempurna's dividend yield of 5.83% is slightly below the top quartile in the Indonesian market, but its dividends have shown stability and growth over the past decade. The company maintains a healthy payout ratio at 49.1% of earnings and a cash payout ratio of 66.7%, indicating that dividends are well-covered by both earnings and cash flow. Recent financials reveal a slight dip in quarterly revenue and net income, but annual figures show growth in sales and profits, supporting ongoing dividend reliability.

• Take a closer look at Selamat Sempurna's potential here in our dividend report.
• In light of our recent valuation report, it seems possible that Selamat Sempurna is trading behind its estimated value.

Koei Tecmo Holdings (TSE:3635)

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

Overview: Koei Tecmo Holdings Co., Ltd. is a global entertainment company based in Japan, with operations spanning North America, Europe, and Asia, and a market capitalization of approximately ¥432.06 billion.

Operations: Koei Tecmo Holdings Co., Ltd. generates its revenue primarily from entertainment-related activities across Japan, North America, Europe, and Asia.

Dividend Yield: 3.5%

Koei Tecmo Holdings has demonstrated a consistent dividend growth over the past decade, with a current yield of 3.49%, ranking in the top 25% of Japanese market payers. The dividends are well-supported by earnings and cash flows, with payout ratios of 37.8% and 45.4% respectively, indicating sustainability. Despite this, earnings are expected to decline by an average of 1.4% annually over the next three years, which could challenge future dividend growth stability.

• Unlock comprehensive insights into our analysis of Koei Tecmo Holdings stock in this dividend report.
• Our valuation report here indicates Koei Tecmo Holdings may be undervalued.

LongDa Construction & Development (TWSE:5519)

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

Overview: LongDa Construction & Development Corporation operates in the construction and civil engineering sectors primarily in Taiwan and Japan, with a market capitalization of approximately NT$9.57 billion.

Operations: LongDa Construction & Development Corporation generates its revenue primarily from construction and civil engineering projects across Taiwan and Japan.

Dividend Yield: 4.6%

LongDa Construction & Development experienced a significant increase in Q1 2024 earnings, with sales rising to TWD 2.42 billion from TWD 442.35 million year-over-year and net income improving to TWD 266.4 million from TWD 58.9 million. Despite a history of unstable dividend payments, the company maintains a low cash payout ratio of 35.4%, suggesting dividends are well covered by cash flows. However, the company's share price has been highly volatile recently, and it carries a high level of debt which may concern dividend stability moving forward.

• Delve into the full analysis dividend report here for a deeper understanding of LongDa Construction & Development.
• Insights from our recent valuation report point to the potential undervaluation of LongDa Construction & Development shares in the market.

Where To Now?

• Get an in-depth perspective on all 1910 Top Dividend Stocks by using our screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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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