3 Dividend Stocks Offering Yields Up To 6%

December 23, 2024

As global markets navigate a complex landscape marked by cautious Federal Reserve commentary and looming political uncertainties, investors are increasingly seeking stability amid volatility. In this environment, dividend stocks can offer a compelling option for those looking to generate income while potentially benefiting from long-term capital appreciation.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.22%	★★★★★★
Yamato Kogyo (TSE:5444)	4.10%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.48%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.62%	★★★★★★
E J Holdings (TSE:2153)	3.85%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.04%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.73%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.23%	★★★★★★

Click here to see the full list of 1959 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Samsung Fire & Marine Insurance (KOSE:A000810)

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

Overview: Samsung Fire & Marine Insurance Co., Ltd. operates as a provider of non-life insurance products and services across several countries, including Korea, China, the United States, Indonesia, Vietnam, Singapore, and the United Kingdom with a market cap of ₩15.09 trillion.

Operations: Samsung Fire & Marine Insurance Co., Ltd. generates its revenue primarily from its insurance business, amounting to ₩19.31 billion.

Dividend Yield: 4.3%

Samsung Fire & Marine Insurance's dividend payments are well covered by earnings and cash flows, with payout ratios of 37.5% and 39.7%, respectively, indicating sustainability. Despite a volatile history over the past decade, dividends have increased overall. The company trades at a significant discount to its estimated fair value and offers a competitive dividend yield in the top 25% of the KR market. Recent earnings growth further supports potential stability in future payouts.

KOSE:A000810 Dividend History as at Dec 2024

NH Investment & Securities (KOSE:A005940)

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

Overview: NH Investment & Securities Co., Ltd. operates in wealth management, investment banking, trading, and equity sales both in South Korea and internationally, with a market cap of ₩4.69 trillion.

Operations: NH Investment & Securities Co., Ltd.'s revenue segments include ₩2.84 billion from sales, ₩1.83 billion from trading, and ₩1.00 billion from investment banking (IB).

Dividend Yield: 5.6%

NH Investment & Securities offers a dividend yield within the top 25% of the KR market, but its dividends are not covered by free cash flow, indicating potential sustainability concerns. Despite a low payout ratio of 42%, past dividends have been volatile and unreliable. The company trades below estimated fair value and has shown earnings growth, with net income rising to ₩153.95 billion in Q3 2024 from ₩100.84 billion a year ago, suggesting potential for future stability.

KOSE:A005940 Dividend History as at Dec 2024

GS Holdings (KOSE:A078930)

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

Overview: GS Holdings Corp., along with its subsidiaries, operates in the energy, power generation, retail, service, construction, and infrastructure sectors with a market cap of ₩3.82 trillion.

Operations: GS Holdings Corp. generates revenue through its trade (₩3.78 billion), distribution (₩11.19 billion), and gas and electric business (₩7.80 billion) segments, with a cross-sector revenue adjustment of -₩0.24 billion.

Dividend Yield: 6%

GS Holdings' dividend yield is among the top 25% in the KR market, supported by a low payout ratio of 35.9%, ensuring coverage by both earnings and cash flows. The company has increased dividends over three years, maintaining stability with minimal volatility. However, profit margins have declined from last year, and while trading significantly below fair value estimates, analysts predict a potential price rise of 35.3%.

KOSE:A078930 Dividend History as at Dec 2024

Key Takeaways

Take a closer look at our Top Dividend Stocks list of 1959 companies by clicking 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.

Valuation is complex, but we're here to simplify it.

Discover if NH Investment & Securities might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com