3 Dividend Stocks Yielding Up To 6.1%

As global markets navigate a mix of economic signals, from the S&P 500's impressive two-year performance to concerns over manufacturing contractions and revised GDP forecasts, investors are keenly observing how these dynamics might impact their portfolios. Amid this backdrop, dividend stocks stand out as attractive options for those seeking income stability in uncertain times. A good dividend stock often combines a reliable yield with strong fundamentals, making it a potential anchor in a fluctuating market environment.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.13%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.57%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.29%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
CAC Holdings (TSE:4725)	4.72%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.68%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.95%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.02%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.01%	★★★★★★
DoshishaLtd (TSE:7483)	3.79%	★★★★★★

Click here to see the full list of 2014 stocks from our Top Dividend Stocks screener.

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

Ace Bed (KOSDAQ:A003800)

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

Overview: Ace Bed Company Limited manufactures and sells beds and furniture products both in Korea and internationally, with a market cap of ₩265.51 billion.

Operations: Ace Bed Company Limited generates revenue primarily from its Bed segment, amounting to ₩303.41 billion, and its Furniture segment, contributing ₩19.81 billion.

Dividend Yield: 5.6%

Ace Bed is trading at 85.8% below its estimated fair value, offering a potentially attractive entry point for dividend investors. The company has been paying dividends for four years, with payments well covered by earnings and cash flows due to low payout ratios of 23.6% and 35.2%, respectively. Despite recent sales decline, net income grew significantly over nine months in 2024, supporting dividend sustainability and placing its yield in the top tier of the KR market.

• Unlock comprehensive insights into our analysis of Ace Bed stock in this dividend report.
• In light of our recent valuation report, it seems possible that Ace Bed is trading behind its estimated value.

Winmate (TWSE:3416)

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

Overview: Winmate Inc. is involved in the research, development, manufacture, and sales of rugged display equipment and mobile computers across Europe, Asia, the United States, and internationally with a market cap of NT$13.12 billion.

Operations: Winmate Inc.'s revenue primarily stems from its operations in rugged display equipment and rugged mobile computers across various international markets, including Europe, Asia, and the United States.

Dividend Yield: 3.1%

Winmate's dividend payments have been stable and reliable over the past decade, with a consistent increase. However, the current cash payout ratio of 128.1% indicates dividends are not well covered by free cash flow, raising sustainability concerns despite a manageable earnings payout ratio of 79.4%. The dividend yield of 3.1% is below the top tier in Taiwan's market. Recent earnings showed modest growth, with Q3 sales at TWD 783.73 million and net income slightly increasing to TWD 160.38 million year-over-year.

• Click to explore a detailed breakdown of our findings in Winmate's dividend report.
• Our valuation report unveils the possibility Winmate's shares may be trading at a premium.

BAWAG Group (WBAG:BG)

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

Overview: BAWAG Group AG functions as a holding company for BAWAG P.S.K. with a market capitalization of €6.36 billion.

Operations: BAWAG Group's revenue is primarily derived from its Retail & SME segment (€1.08 billion) and Corporates, Real Estate & Public Sector segment (€295.10 million), with additional contributions from its Treasury operations (€74.60 million).

Dividend Yield: 6.2%

BAWAG Group's dividend yield of 6.19% ranks in the top 25% in Austria, yet its seven-year dividend history is marked by volatility and unreliability. Despite this, dividends are currently covered by earnings with a payout ratio of 58.7%, forecasted to remain sustainable at 55.5% over three years. Recent earnings show modest growth, with net income for the nine months ending September 2024 increasing to €520.1 million from €506 million year-over-year.

• Navigate through the intricacies of BAWAG Group with our comprehensive dividend report here.
• The analysis detailed in our BAWAG Group valuation report hints at an inflated share price compared to its estimated value.

Next Steps

• Discover the full array of 2014 Top Dividend Stocks right here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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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