3 Reliable Dividend Stocks To Consider With Up To 5.6% Yield

In a week marked by geopolitical tensions and consumer spending concerns, global markets experienced volatility, with major U.S. indexes declining despite reaching record highs earlier in the period. As investors navigate these uncertain times, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for those looking to weather market fluctuations while benefiting from steady payouts.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Chongqing Rural Commercial Bank (SEHK:3618)	8.60%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	5.87%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.91%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.64%	★★★★★★
CAC Holdings (TSE:4725)	5.06%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.92%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.23%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.43%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.28%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.64%	★★★★★★

Click here to see the full list of 2010 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Hanil Holdings (KOSE:A003300)

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

Overview: Hanil Holdings Co., Ltd. and its subsidiaries manufacture and sell construction materials in South Korea, with a market cap of ₩434.72 billion.

Operations: Hanil Holdings Co., Ltd. generates revenue through its Cement Segment (₩918 million), Remittal Division (₩468.26 million), and Ready-Mixed Concrete Sector (₩482.45 million).

Dividend Yield: 5.7%

Hanil Holdings offers a compelling dividend profile with its 5.67% yield, placing it in the top 25% of dividend payers in the KR market. Despite only six years of dividend history, payments have been stable and reliable. The dividends are well-covered by earnings (payout ratio: 19.7%) and cash flows (cash payout ratio: 50.1%). Additionally, the stock trades at a significant discount to estimated fair value, enhancing its attractiveness for income-focused investors.

• Navigate through the intricacies of Hanil Holdings with our comprehensive dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Hanil Holdings shares in the market.

Megaworld (PSE:MEG)

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

Overview: Megaworld Corporation, with a market cap of ₱57.63 billion, is involved in the development, sale, and leasing of real estate properties in the Philippines through its subsidiaries.

Operations: Megaworld Corporation's revenue is primarily derived from the sale of goods in real estate at ₱51.52 billion, rental services at ₱19.96 billion, and hotel operations at ₱4.80 billion.

Dividend Yield: 4.6%

Megaworld's dividends are supported by a low payout ratio of 13.5%, ensuring coverage by earnings, though its dividend history has been volatile over the past decade. The company trades at a favorable price-to-earnings ratio of 3x compared to the PH market average, indicating good relative value. Recent expansion efforts in Luzon and Visayas could bolster future growth prospects. However, its current yield of 4.62% is below top-tier levels in the PH market.

• Delve into the full analysis dividend report here for a deeper understanding of Megaworld.
• According our valuation report, there's an indication that Megaworld's share price might be on the cheaper side.

NH Foods (TSE:2282)

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

Overview: NH Foods Ltd. is a company that manufactures and sells food products both in Japan and internationally, with a market capitalization of approximately ¥443.15 billion.

Operations: NH Foods Ltd.'s revenue segments include the Meat Business Division at ¥817.89 billion, Processing Business at ¥425.80 billion, and Overseas Business at ¥314.65 billion.

Dividend Yield: 3%

NH Foods offers a 3.01% dividend yield, lower than Japan's top payers but reliable and stable over the past decade. With a payout ratio of 43.8%, dividends are well-covered by earnings and mostly by cash flow, despite an 86.8% cash payout ratio. Trading below estimated fair value enhances its appeal, while recent ¥10 billion bond offerings may impact future financial flexibility. The completed share buyback could positively affect per-share metrics.

• Click here and access our complete dividend analysis report to understand the dynamics of NH Foods.
• Our valuation report here indicates NH Foods may be undervalued.

Summing It All Up

• Navigate through the entire inventory of 2010 Top Dividend Stocks here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

Ready For A Different Approach?

• 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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