ILJIN HoldingsLtd And 2 Other Compelling Dividend Stocks

As global markets experience a rebound, driven by cooling inflation and strong bank earnings, investors are increasingly looking towards dividend stocks for their potential to provide steady income amid economic fluctuations. In this environment, identifying compelling dividend stocks becomes essential as they offer the dual benefit of income generation and potential capital appreciation.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.66%	★★★★★★
CAC Holdings (TSE:4725)	4.69%	★★★★★★
Yamato Kogyo (TSE:5444)	4.10%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.48%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.04%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.45%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.52%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.95%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.65%	★★★★★★
E J Holdings (TSE:2153)	4.06%	★★★★★★

Click here to see the full list of 1983 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

ILJIN HoldingsLtd (KOSE:A015860)

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

Overview: ILJIN Holdings Co., Ltd. is a global company specializing in parts and materials, with a market cap of ₩173.37 billion.

Operations: ILJIN Holdings Co., Ltd. generates revenue from several segments, including Tool Material (₩148.50 million), Medical Devices (₩57.87 million), Front Line Power (₩1.46 billion), and Real Estate Rental (₩10.34 million).

Dividend Yield: 3.8%

ILJIN Holdings Ltd. has been paying dividends for five years, showing growth and stability with a payout ratio of 25.8%, indicating sustainability through earnings and cash flows (49.1% cash payout). Despite recent earnings declines, its price-to-earnings ratio of 6.7x suggests good value compared to the KR market average of 11.7x. However, its dividend yield of 3.85% is slightly below the top quartile in Korea's market (3.96%).

• Unlock comprehensive insights into our analysis of ILJIN HoldingsLtd stock in this dividend report.
• According our valuation report, there's an indication that ILJIN HoldingsLtd's share price might be on the expensive side.

Sansei Technologies (TSE:6357)

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

Overview: Sansei Technologies, Inc. engages in the planning, design, manufacturing, installation, repair, and maintenance of amusement rides, stage equipment, elevators, and other specialized equipment both in Japan and internationally with a market cap of ¥22.98 billion.

Operations: Sansei Technologies generates revenue primarily from its Amusement Machinery segment at ¥33.71 billion, followed by Stage Equipment at ¥15.99 billion, and Elevator operations contributing ¥6.49 billion.

Dividend Yield: 3.9%

Sansei Technologies' dividend yield of 3.89% ranks in the top 25% of Japanese payers, supported by a low cash payout ratio (12.4%) and earnings coverage (39.4%), ensuring sustainability through cash flows and profits. Despite these strengths, its dividend history shows volatility with significant annual drops over the past decade, raising concerns about reliability. Currently trading at 93.3% below estimated fair value, it presents potential for value investors despite an unstable dividend track record.

• Click to explore a detailed breakdown of our findings in Sansei Technologies' dividend report.
• The valuation report we've compiled suggests that Sansei Technologies' current price could be quite moderate.

Mamiya-OP (TSE:7991)

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

Overview: Mamiya-OP Co., Ltd. manufactures and sells electronic and sports equipment both in Japan and internationally, with a market cap of ¥17.44 billion.

Operations: Mamiya-OP Co., Ltd.'s revenue is primarily derived from its Electronic Equipment Business, which contributes ¥29.67 billion, followed by the Sports Business at ¥4.96 billion and the Real Estate Business at ¥1.53 billion.

Dividend Yield: 4.4%

Mamiya-OP's dividend yield of 4.39% is among the top 25% in Japan, with a low payout ratio (12.1%) and cash payout ratio (32.3%), suggesting dividends are well covered by earnings and cash flows. Despite this, the company's dividend history has been unreliable over the past decade with volatility and shareholder dilution occurring recently. The stock trades at 65.1% below its estimated fair value, presenting a potential opportunity for value investors despite its unstable dividend track record.

• Take a closer look at Mamiya-OP's potential here in our dividend report.
• Our comprehensive valuation report raises the possibility that Mamiya-OP is priced lower than what may be justified by its financials.

Summing It All Up

• Navigate through the entire inventory of 1983 Top Dividend Stocks here.
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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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