3 Dividend Stocks To Consider With Yields Up To 9.9%

As global markets continue to climb, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are keenly observing how domestic policies and geopolitical factors influence market sentiment. Amidst this backdrop of economic stability and shifting trade dynamics, dividend stocks stand out as a compelling option for those seeking steady income streams in a robust yet unpredictable market environment.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	7.05%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.16%	★★★★★★
CAC Holdings (TSE:4725)	4.58%	★★★★★★
Yamato Kogyo (TSE:5444)	3.88%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.43%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.88%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.48%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.93%	★★★★★★

Click here to see the full list of 1953 stocks from our Top Dividend Stocks screener.

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

Hana Financial Group (KOSE:A086790)

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

Overview: Hana Financial Group Inc., with a market cap of ₩18.02 trillion, operates in South Korea offering financial services through its subsidiaries.

Operations: Hana Financial Group Inc. generates revenue through several segments including Banking (₩9 billion), Capital Division (₩1.06 billion), Securities Sector (₩314.33 million), and Credit Card Sector (₩539.94 million).

Dividend Yield: 9.7%

Hana Financial Group's dividend yield is notable, ranking in the top 25% of the KR market. However, its dividend history over the past eight years has been volatile and unreliable, with significant annual drops. Despite this instability, dividends are well covered by earnings with a low payout ratio of 39.7%. Recent strategic moves include a share repurchase program worth ₩150 billion to stabilize stock price and enhance corporate value.

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

Tiande Chemical Holdings (SEHK:609)

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

Overview: Tiande Chemical Holdings Limited is an investment holding company that researches, develops, manufactures, and sells fine chemical products globally, with a market cap of HK$965.16 million.

Operations: Tiande Chemical Holdings Limited's revenue primarily comes from its research, development, manufacture, and sale of fine chemical products, totaling CN¥1.92 billion.

Dividend Yield: 10%

Tiande Chemical Holdings offers a high dividend yield of 9.96%, placing it among the top 25% in the Hong Kong market. However, its dividends are not well covered by earnings, with a payout ratio of 108.4%. Cash flow coverage is more reassuring at 59.2%. Despite an increase in dividend payments over the past decade, they have been volatile and unreliable, with significant drops exceeding 20% annually. Profit margins have also declined from last year’s figures.

• Get an in-depth perspective on Tiande Chemical Holdings' performance by reading our dividend report here.
• The valuation report we've compiled suggests that Tiande Chemical Holdings' current price could be inflated.

Dynapac (TSE:3947)

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

Overview: Dynapac Co., Ltd., along with its subsidiaries, manufactures and sells packaging materials both in Japan and internationally, with a market cap of ¥17.92 billion.

Operations: Dynapac Co., Ltd. generates revenue primarily from its Packaging Materials segment, which accounts for ¥63.51 billion, and also engages in Real Estate Leasing, contributing ¥360.77 million.

Dividend Yield: 3.7%

Dynapac's dividends have grown steadily over the past decade, demonstrating reliability with minimal volatility. However, the current yield of 3.68% is slightly below the top quartile in Japan and not well supported by free cash flows, as there are none available. Despite a low payout ratio of 21.1%, suggesting coverage by earnings, sustainability concerns arise due to insufficient cash flow backing. Earnings saw significant growth last year but were impacted by large one-off items.

• Take a closer look at Dynapac's potential here in our dividend report.
• Our valuation report unveils the possibility Dynapac's shares may be trading at a discount.

Make It Happen

• Click this link to deep-dive into the 1953 companies within our Top Dividend Stocks screener.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Ready To Venture Into Other Investment Styles?

• 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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