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3 Reliable Dividend Stocks With Up To 6.6% Yield For Your Portfolio
Reviewed by Simply Wall St
As global markets navigate the complexities of tariff uncertainties and fluctuating economic indicators, investors are increasingly focused on stability and income generation. With U.S. job growth falling short of expectations and manufacturing activity showing tentative signs of recovery, dividend stocks can offer a reliable source of returns in uncertain times. A good dividend stock typically combines consistent payouts with a strong financial foundation, making it an attractive option for those looking to bolster their portfolios amid current market challenges.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Tsubakimoto Chain (TSE:6371) | 4.21% | ★★★★★★ |
Wuliangye YibinLtd (SZSE:000858) | 4.04% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.89% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.03% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.58% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 4.13% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.16% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.87% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.47% | ★★★★★★ |
Yamato Kogyo (TSE:5444) | 3.85% | ★★★★★★ |
Click here to see the full list of 1961 stocks from our Top Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
TOPTEC (KOSDAQ:A108230)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: TOPTEC Co., Ltd. operates in the secondary batteries, smart factories, and displays/semiconductors sectors both in South Korea and internationally, with a market cap of ₩164.14 billion.
Operations: TOPTEC Co., Ltd. generates its revenue through its operations in secondary batteries, smart factories, and displays/semiconductors sectors across domestic and international markets.
Dividend Yield: 6.7%
TOPTEC's dividend yield is among the top 25% in the Korean market, supported by low payout ratios of 15.2% from earnings and 10.9% from cash flows, indicating strong coverage. However, its dividend history is volatile with payments only established for five years and experiencing significant drops over time. Despite a recent net loss in Q3 2024, earnings have grown significantly over nine months compared to last year, suggesting potential for future stability.
- Get an in-depth perspective on TOPTEC's performance by reading our dividend report here.
- Insights from our recent valuation report point to the potential undervaluation of TOPTEC shares in the market.
NOROO PAINT & COATINGS (KOSE:A090350)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: NOROO PAINT & COATINGS Co., Ltd. develops, manufactures, and sells paints both in South Korea and internationally, with a market cap of ₩157.90 billion.
Operations: NOROO PAINT & COATINGS Co., Ltd. generates its revenue through the development, production, and distribution of paint products across domestic and international markets.
Dividend Yield: 4.3%
NOROO PAINT & COATINGS offers a compelling dividend profile with a yield in the top 25% of the Korean market, supported by low payout ratios from earnings (23.4%) and cash flows (14.4%), ensuring strong coverage. Despite only five years of dividends, payments have been stable and growing. Recent earnings showed slight declines in Q3 2024 but overall growth over nine months, indicating potential resilience amidst fluctuating quarterly performance.
- Click to explore a detailed breakdown of our findings in NOROO PAINT & COATINGS' dividend report.
- Our comprehensive valuation report raises the possibility that NOROO PAINT & COATINGS is priced lower than what may be justified by its financials.
Tong Ren Tang Technologies (SEHK:1666)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tong Ren Tang Technologies Co. Ltd. manufactures and sells Chinese medicine products both in Mainland China and internationally, with a market cap of approximately HK$6.42 billion.
Operations: Tong Ren Tang Technologies Co. Ltd.'s revenue primarily comes from its own operations, generating CN¥4.29 billion, and from Tong Ren Tang Chinese Medicine, contributing CN¥1.26 billion.
Dividend Yield: 3.8%
Tong Ren Tang Technologies' dividend yield of 3.79% is stable and has grown over the past decade, though it remains below the top tier in Hong Kong. Despite a low payout ratio of 35.4%, dividends are not covered by free cash flows, raising sustainability concerns. Earnings have grown at 7.9% annually over five years but are forecasted to decline slightly, which could impact future dividend growth potential. Recent agreements may support long-term revenue stability.
- Dive into the specifics of Tong Ren Tang Technologies here with our thorough dividend report.
- According our valuation report, there's an indication that Tong Ren Tang Technologies' share price might be on the expensive side.
Summing It All Up
- Navigate through the entire inventory of 1961 Top Dividend Stocks here.
- Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
- Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide 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 NOROO PAINT & COATINGS might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About KOSE:A090350
NOROO PAINT & COATINGS
Engages in the development, manufacture, and sale of paints in South Korea and internationally.
Flawless balance sheet, good value and pays a dividend.
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