Discover 3 Dividend Stocks Yielding Up To 4.9%

As global markets experience mixed performances, with major indexes like the S&P 500 and Nasdaq Composite reaching record highs while others, such as the Russell 2000, face declines, investors are closely watching economic indicators and central bank policies for guidance. In this dynamic environment, dividend stocks can offer a stable income stream; selecting those with strong fundamentals and reliable payout histories is crucial for navigating market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.98%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.60%	★★★★★★
GakkyushaLtd (TSE:9769)	4.50%	★★★★★★
Yamato Kogyo (TSE:5444)	3.98%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.71%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.33%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.41%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.41%	★★★★★★
DoshishaLtd (TSE:7483)	3.81%	★★★★★★

Click here to see the full list of 1928 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

MeiHua Holdings GroupLtd (SHSE:600873)

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

Overview: MeiHua Holdings Group Co., Ltd is a synthetic biology company that offers amino acid nutrition and health solutions both in China and internationally, with a market cap of CN¥31.12 billion.

Operations: MeiHua Holdings Group Co., Ltd generates its revenue primarily from its amino acid nutrition and health solutions business in China and international markets.

Dividend Yield: 3.2%

MeiHua Holdings Group Ltd. offers a dividend yield in the top 25% of the CN market, supported by a sustainable payout ratio of 58% and a cash payout ratio of 37.5%. However, its dividend history has been volatile over the past decade. Recent earnings show decreased revenue and net income compared to last year, but a share buyback program worth up to CNY 500 million may enhance shareholder value amidst trading below estimated fair value.

• Click here to discover the nuances of MeiHua Holdings GroupLtd with our detailed analytical dividend report.
• Our expertly prepared valuation report MeiHua Holdings GroupLtd implies its share price may be lower than expected.

Citizen Watch (TSE:7762)

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

Overview: Citizen Watch Co., Ltd. manufactures and sells watches and their components globally, with a market cap of ¥223.38 billion.

Operations: Citizen Watch Co., Ltd. generates revenue through its main segments: Watch Business at ¥172.49 billion, Machine Tools Business at ¥78.10 billion, Devices at ¥42.98 billion, and Electronic Equipment and Other Businesses at ¥25.98 billion.

Dividend Yield: 4.9%

Citizen Watch offers a dividend yield in the top 25% of the JP market, supported by a sustainable payout ratio of 47.4% and a cash payout ratio of 73%. Despite trading below estimated fair value, its dividend history has been unreliable and volatile over the past decade. Earnings are forecasted to decline by an average of 2.1% annually for the next three years, potentially impacting future dividend stability.

• Get an in-depth perspective on Citizen Watch's performance by reading our dividend report here.
• The analysis detailed in our Citizen Watch valuation report hints at an deflated share price compared to its estimated value.

I-Net (TSE:9600)

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

Overview: I-Net Corp. is engaged in providing information processing and system development services, as well as selling system equipment, with a market capitalization of approximately ¥25.18 billion.

Operations: I-Net Corp.'s revenue is primarily derived from its Information Service Business, which generated ¥37.66 billion.

Dividend Yield: 3.4%

I-Net's dividend yield of 3.39% is below the top 25% in the JP market and is not well covered by free cash flow, with a high cash payout ratio of 110.1%. However, its dividends are well covered by earnings due to a low payout ratio of 40%. Despite large one-off items affecting earnings quality, I-Net has maintained stable and growing dividends over the past decade, supported by recent strong earnings growth.

• Delve into the full analysis dividend report here for a deeper understanding of I-Net.
• Upon reviewing our latest valuation report, I-Net's share price might be too optimistic.

Make It Happen

• Gain an insight into the universe of 1928 Top Dividend Stocks by clicking here.
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Looking For Alternative Opportunities?

• 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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