3 Prominent Dividend Stocks Yielding Up To 4.6%

As global markets navigate the challenges posed by rising U.S. Treasury yields and tepid economic growth, investors are increasingly seeking stability in dividend stocks. In this environment, a good stock is often characterized by its ability to provide consistent income through dividends, offering a buffer against market volatility while potentially enhancing overall portfolio returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.13%	★★★★★★
Yamato Kogyo (TSE:5444)	4.09%	★★★★★★
Globeride (TSE:7990)	4.02%	★★★★★★
Intelligent Wave (TSE:4847)	3.93%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.18%	★★★★★★
KurimotoLtd (TSE:5602)	5.44%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.97%	★★★★★★
Innotech (TSE:9880)	4.75%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.56%	★★★★★★
E J Holdings (TSE:2153)	3.79%	★★★★★☆

Click here to see the full list of 2029 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Chugai Ro (TSE:1964)

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

Overview: Chugai Ro Co., Ltd. and its subsidiaries specialize in developing thermal technology solutions both in Japan and internationally, with a market cap of ¥19.38 billion.

Operations: Chugai Ro Co., Ltd.'s revenue is primarily derived from its Heat Treatment Furnace segment, which accounts for ¥14.83 billion, followed by the Plant segment at ¥10.77 billion and the Development segment contributing ¥2.12 billion.

Dividend Yield: 3.4%

Chugai Ro's dividends have been reliable and growing over the past decade, with stable per-share payments. However, despite a low payout ratio of 24.1%, the dividend is not covered by free cash flows, raising sustainability concerns. The recent earnings growth of 84% suggests potential for future financial improvement. The current dividend yield of 3.43% is below the top tier in Japan but offers value with a price-to-earnings ratio of 8.7x compared to the market average of 13.3x.

• Click here to discover the nuances of Chugai Ro with our detailed analytical dividend report.
• Our comprehensive valuation report raises the possibility that Chugai Ro is priced higher than what may be justified by its financials.

Sun-Wa Technos (TSE:8137)

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

Overview: Sun-Wa Technos Corporation is involved in the distribution of electrical machinery, electronics, and general machinery both in Japan and internationally, with a market cap of ¥30.10 billion.

Operations: Sun-Wa Technos Corporation's revenue is primarily derived from its operations in Japan (¥107.71 billion), followed by Asia (¥56.28 billion), and Europe & North America (¥7.01 billion).

Dividend Yield: 4.6%

Sun-Wa Technos' dividend yield of 4.61% ranks in the top 25% of Japanese dividend payers. Despite its low payout ratios—33.9% from earnings and 36.8% from cash flows—indicating good coverage, the company's dividends have been volatile over the past decade, with significant annual drops exceeding 20%. Trading at a substantial discount to its estimated fair value, Sun-Wa Technos offers potential value for investors mindful of its unstable dividend history.

• Click here and access our complete dividend analysis report to understand the dynamics of Sun-Wa Technos.
• Our valuation report here indicates Sun-Wa Technos may be undervalued.

Ichiyoshi Securities (TSE:8624)

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

Overview: Ichiyoshi Securities Co., Ltd. offers investment and financial services in Japan, with a market cap of ¥23.32 billion.

Operations: Ichiyoshi Securities Co., Ltd. generates its revenue primarily from its Investment and Financial Services segment, amounting to ¥19.22 billion.

Dividend Yield: 4.4%

Ichiyoshi Securities offers a dividend yield of 4.4%, placing it in the top 25% of Japanese dividend payers, with dividends well-covered by earnings (56.3%) and cash flows (37.2%). However, its dividend history has been unstable over the past decade, marked by volatility and declines. The company is trading at a significant discount to its estimated fair value and recently announced a share buyback program worth ¥1.7 billion to enhance capital flexibility.

• Delve into the full analysis dividend report here for a deeper understanding of Ichiyoshi Securities.
• Our expertly prepared valuation report Ichiyoshi Securities implies its share price may be lower than expected.

Summing It All Up

• Explore the 2029 names from our Top Dividend Stocks screener here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all 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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