Kia And 2 Other Leading Dividend Stocks To Consider

As global markets navigate a week marked by mixed earnings reports and economic uncertainties, investors are keeping a close eye on value stocks, which have shown resilience amidst the volatility. In this environment, dividend stocks can offer a stable income stream and potential for long-term growth.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Globeride (TSE:7990)	4.10%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.06%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.45%	★★★★★★
Yamato Kogyo (TSE:5444)	4.04%	★★★★★★
Intelligent Wave (TSE:4847)	3.91%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.76%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.18%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.55%	★★★★★★
Kwong Lung Enterprise (TPEX:8916)	6.36%	★★★★★★
DoshishaLtd (TSE:7483)	3.83%	★★★★★★

Click here to see the full list of 2012 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Kia (KOSE:A000270)

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

Overview: Kia Corporation manufactures and sells vehicles across South Korea, North America, and Europe with a market cap of ₩38.01 trillion.

Operations: Kia Corporation generates revenue of ₩103.65 billion from its auto manufacturing segment.

Dividend Yield: 5.8%

Kia's dividend stock profile is compelling, with a reliable and stable dividend history over the past decade. The company offers a high yield of 5.77%, placing it in the top 25% of KR market payers, supported by a low payout ratio of 23%. Its dividends are well-covered by earnings and cash flows, ensuring sustainability. Trading at good value relative to peers, Kia also benefits from recent expansions like the Gwangmyeong EVO Plant for EV production.

• Dive into the specifics of Kia here with our thorough dividend report.
• Our valuation report unveils the possibility Kia's shares may be trading at a discount.

Jiangxi Ganyue ExpresswayLTD (SHSE:600269)

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

Overview: Jiangxi Ganyue Expressway Co., Ltd., along with its subsidiaries, operates and manages expressways in China and has a market cap of CN¥12.33 billion.

Operations: Jiangxi Ganyue Expressway Co., Ltd. generates its revenue primarily from the operation and management of expressways in China.

Dividend Yield: 3%

Jiangxi Ganyue Expressway's dividend yield of 3.03% ranks in the top 25% of CN market payers, but its sustainability is questionable due to a high cash payout ratio of 154.7%, indicating dividends are not well covered by free cash flows. Despite a low earnings payout ratio of 30.2%, dividend reliability is affected by volatility over the past decade. Recent earnings growth and a low P/E ratio suggest potential value, though revenue has declined year-over-year.

• Click to explore a detailed breakdown of our findings in Jiangxi Ganyue ExpresswayLTD's dividend report.
• According our valuation report, there's an indication that Jiangxi Ganyue ExpresswayLTD's share price might be on the expensive side.

Nichireki Group (TSE:5011)

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

Overview: Nichireki Group Co., Ltd. is involved in the manufacture and sale of various paving materials primarily in Japan, with a market cap of ¥72.30 billion.

Operations: The Nichireki Group's revenue primarily comes from its Road Pavement Business, generating ¥47.50 billion, and its Applied and Processed Asphalt Products Business, contributing ¥34.52 billion.

Dividend Yield: 3.1%

Nichireki Group's dividend yield of 3.05% is below the top tier in Japan, and its dividends have been unstable over the past decade. However, they are well-covered by earnings with a payout ratio of 48.2% and supported by cash flows with a cash payout ratio of 72.1%. Despite volatility, dividend payments have grown over ten years. The stock trades at a discount to estimated fair value, offering potential upside for investors seeking value.

• Navigate through the intricacies of Nichireki Group with our comprehensive dividend report here.
• Our valuation report unveils the possibility Nichireki Group's shares may be trading at a premium.

Make It Happen

• Delve into our full catalog of 2012 Top Dividend Stocks here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Want To Explore Some Alternatives?

• 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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