3 Dividend Stocks To Consider With Up To 6.4% Yield

As global markets show resilience with cooling inflation and robust bank earnings propelling U.S. stocks higher, investors are increasingly eyeing value stocks, particularly in the energy sector, which have recently outperformed growth shares. In such a dynamic environment, dividend stocks can offer a compelling opportunity for those seeking steady income streams; these stocks often provide stability and potential yield benefits amidst market fluctuations.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.11%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.38%	★★★★★★
CAC Holdings (TSE:4725)	4.74%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.47%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.17%	★★★★★★
Nihon Parkerizing (TSE:4095)	4.04%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.93%	★★★★★★
E J Holdings (TSE:2153)	4.09%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.89%	★★★★★★
DoshishaLtd (TSE:7483)	3.93%	★★★★★★

Click here to see the full list of 1997 stocks from our Top Dividend Stocks screener.

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

KT (KOSE:A030200)

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

Overview: KT Corporation provides integrated telecommunications and platform services in Korea and internationally, with a market cap of ₩11.30 billion.

Operations: KT Corporation's revenue segments include ICT with ₩18.93 billion, Finance with ₩3.60 billion, Real Estate with ₩540.28 million, and Satellite Broadcasting with ₩705.65 million.

Dividend Yield: 4.4%

KT Corporation's dividend payments are well-supported by cash flows, with a low cash payout ratio of 26.4% and a payout ratio of 73%. Despite a volatile dividend history over the past decade, its current yield is in the top 25% in Korea. Recent earnings growth and strong net income for Q3 2024 suggest potential stability. Trading below estimated fair value and analyst targets, KT offers good relative value compared to peers.

• Delve into the full analysis dividend report here for a deeper understanding of KT.
• The analysis detailed in our KT valuation report hints at an deflated share price compared to its estimated value.

Kingclean ElectricLtd (SHSE:603355)

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

Overview: Kingclean Electric Co., Ltd is a Chinese company that manufactures and sells home appliances, kitchen appliances, and garden tools under the KingClean brand, with a market cap of CN¥13.36 billion.

Operations: Kingclean Electric Co., Ltd generates revenue primarily from its Appliance & Tool segment, amounting to CN¥9.57 billion.

Dividend Yield: 6.4%

Kingclean Electric Ltd. offers a high dividend yield of 6.44%, placing it in the top 25% of Chinese dividend payers, though its dividends have been volatile and unreliable over the past decade. The payout ratio is reasonable at 73.5%, but cash flow coverage is weak with a high cash payout ratio of 114.8%. Despite trading at good value with a low P/E ratio, recent earnings growth may not assure dividend sustainability without improved cash flow support.

• Get an in-depth perspective on Kingclean ElectricLtd's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Kingclean ElectricLtd shares in the market.

Decora (WSE:DCR)

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

Overview: Decora S.A. is involved in the production, distribution, sale, and export of flooring products and accessories in Poland with a market cap of PLN750.95 million.

Operations: Decora S.A.'s revenue segments include PLN128.58 million from Wall products and PLN439.84 million from Flooring products.

Dividend Yield: 4.2%

Decora's dividend yield of 4.21% is below the top 25% of Polish dividend payers, and its payments have been volatile over the past decade, despite an increase in recent years. The dividends are well covered by earnings and cash flows with payout ratios of 38.1% and 42%, respectively, suggesting sustainability. Recent earnings growth supports this coverage, with net income rising to PLN 66.4 million for the first nine months of 2024 from PLN 50.37 million a year ago.

• Dive into the specifics of Decora here with our thorough dividend report.
• Our expertly prepared valuation report Decora implies its share price may be lower than expected.

Taking Advantage

• Discover the full array of 1997 Top Dividend Stocks right 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.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Curious About Other Options?

• 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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