Stock Analysis

China Sunsine Chemical Holdings And 2 Other Premier Dividend Stocks To Consider

TSE:8057
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As global markets respond to the recent U.S. election results and a Federal Reserve rate cut, investors are witnessing record highs in major indices like the S&P 500, driven by optimism over potential economic growth and regulatory changes. Amidst this backdrop of market enthusiasm, dividend stocks continue to attract attention for their ability to provide steady income streams; China Sunsine Chemical Holdings and two other notable companies stand out as premier options worth considering in this environment.

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)4.91%★★★★★★

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

Here's a peek at a few of the choices from the screener.

China Sunsine Chemical Holdings (SGX:QES)

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

Overview: China Sunsine Chemical Holdings Ltd. is an investment holding company that manufactures and sells specialty chemicals globally, with a market capitalization of SGD419.49 million.

Operations: China Sunsine Chemical Holdings Ltd. generates its revenue primarily from Rubber Chemicals (CN¥4.39 billion), along with contributions from Heating Power (CN¥202.99 million) and Waste Treatment (CN¥25.06 million).

Dividend Yield: 5.6%

China Sunsine Chemical Holdings offers a dividend yield of 5.59%, which is below the top quartile in the Singapore market. Despite this, its dividends are well covered by both earnings and cash flow, with payout ratios of 21.1% and 34%, respectively. However, the company has an unstable dividend track record over the past decade, marked by volatility and unreliability in payments despite overall growth in payouts during that period.

SGX:QES Dividend History as at Nov 2024
SGX:QES Dividend History as at Nov 2024

ENEOS Holdings (TSE:5020)

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

Overview: ENEOS Holdings, Inc. operates in the energy, oil and natural gas exploration and production, and metals sectors across Japan, China, Asia, and internationally with a market cap of ¥2.20 trillion.

Operations: ENEOS Holdings generates revenue from its Metal segment, which accounts for ¥1.07 billion, and its Oil and Natural Gas Exploration and Production segment, contributing ¥231.26 million.

Dividend Yield: 3.3%

ENEOS Holdings provides a stable dividend yield of 3.28%, which is below the top quartile in Japan. The dividends are well covered by earnings and cash flows, with payout ratios of 38.5% and 26%, respectively, indicating sustainability. Despite high debt levels, the company has maintained reliable and growing dividend payments over the past decade. Recent board discussions suggest potential adjustments to future dividends following significant share buybacks totaling ¥118 billion since May 2024.

TSE:5020 Dividend History as at Nov 2024
TSE:5020 Dividend History as at Nov 2024

Uchida Yoko (TSE:8057)

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

Overview: Uchida Yoko Co., Ltd. offers government and education, office, and information system solutions both in Japan and internationally, with a market cap of ¥65.66 billion.

Operations: Uchida Yoko Co., Ltd.'s revenue is divided into three main segments: Information-Related at ¥139.85 billion, Office Related Business at ¥56.63 billion, and Public Related Business at ¥81.01 billion.

Dividend Yield: 3.3%

Uchida Yoko offers a reliable dividend yield of 3.3%, slightly below Japan's top quartile. The company's dividends are well-supported by earnings, with a payout ratio of 30.9%, and cash flows, at a cash payout ratio of 75.4%. Over the past decade, dividends have been stable and growing with minimal volatility. Uchida Yoko's price-to-earnings ratio is attractively low at 9.4x compared to the broader market, enhancing its value proposition for investors seeking income stability.

TSE:8057 Dividend History as at Nov 2024
TSE:8057 Dividend History as at Nov 2024

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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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