Stock Analysis

3 Prominent Dividend Stocks Offering Up To 4.6% Yield

KOSE:A108670
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As global markets show resilience with major U.S. indexes nearing record highs and broad-based gains, investors are navigating a landscape marked by geopolitical tensions and economic shifts. Amid this backdrop, dividend stocks offer a compelling option for those seeking income stability; their yields can provide a buffer against market volatility while contributing to overall portfolio returns.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)7.01%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.44%★★★★★★
Padma Oil (DSE:PADMAOIL)6.72%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.25%★★★★★★
Nihon Parkerizing (TSE:4095)3.90%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.45%★★★★★★
Premier Financial (NasdaqGS:PFC)4.35%★★★★★★
James Latham (AIM:LTHM)6.06%★★★★★★
DoshishaLtd (TSE:7483)3.80%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.77%★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

KISCO Holdings (KOSE:A001940)

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

Overview: KISCO Holdings Corp., with a market cap of ₩262.69 billion, develops, produces, and sells steel products primarily in South Korea through its subsidiaries.

Operations: Unfortunately, the provided text does not contain specific revenue segment information for KISCO Holdings Corp.

Dividend Yield: 4.2%

KISCO Holdings' recent earnings report shows a decline in net income despite increased sales, impacting dividend sustainability. The company trades at a significant discount to its estimated fair value, suggesting potential for capital appreciation. While the dividend yield is competitive within the KR market, payments have been volatile and unreliable over the past seven years. However, dividends are well-covered by both earnings and cash flows with low payout ratios of 24.4% and 14%, respectively.

KOSE:A001940 Dividend History as at Nov 2024
KOSE:A001940 Dividend History as at Nov 2024

LX Hausys (KOSE:A108670)

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

Overview: LX Hausys, Ltd., along with its subsidiaries, manufactures and sells building materials both in South Korea and internationally, with a market capitalization of ₩336.25 billion.

Operations: LX Hausys generates revenue through its manufacturing and sales of building materials across South Korea and international markets.

Dividend Yield: 4.7%

LX Hausys offers a dividend yield in the top 25% of the KR market, supported by low payout ratios—33.3% from earnings and 36.8% from cash flows—indicating sustainability. However, its nine-year dividend history is marked by volatility and declining payments, raising concerns about reliability. Despite these issues, LX Hausys trades at a good value compared to peers and below fair value estimates, suggesting potential for capital appreciation alongside its dividends.

KOSE:A108670 Dividend History as at Nov 2024
KOSE:A108670 Dividend History as at Nov 2024

SundrugLtd (TSE:9989)

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

Overview: Sundrug Co., Ltd. operates and manages drug stores and dispensing pharmacies in Japan, with a market cap of ¥415.18 billion.

Operations: Sundrug Co., Ltd.'s revenue is primarily derived from its Drugstore Business, which generated ¥504.24 billion, and its Discount Store Business, contributing ¥327.23 billion.

Dividend Yield: 3.6%

Sundrug Ltd. offers a dividend yield of 3.57%, slightly below the top 25% in Japan, and while dividends have been stable and growing over the past decade, they are not well covered by free cash flows due to a high cash payout ratio of 746.4%. Despite this, the low earnings payout ratio of 22.7% suggests some coverage from profits. Trading at 31.2% below its fair value estimate may offer potential for capital appreciation.

TSE:9989 Dividend History as at Nov 2024
TSE:9989 Dividend History as at Nov 2024

Where To Now?

  • Unlock our comprehensive list of 1943 Top Dividend Stocks by clicking here.
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Ready For A Different Approach?

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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