3 Reliable Dividend Stocks Offering Yields Up To 5.9%

As global markets navigate a landscape marked by interest rate adjustments and mixed economic signals, investors are increasingly focused on finding stable income sources amid fluctuating indices. With major stock indexes showing varied performance and expectations of further monetary policy shifts, dividend stocks offer an appealing option for those seeking consistent returns. A good dividend stock is characterized by a reliable payout history and strong financial health, making it a potential haven in today's uncertain market environment.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.25%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.25%	★★★★★★
CAC Holdings (TSE:4725)	4.76%	★★★★★★
Yamato Kogyo (TSE:5444)	4.10%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.25%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.44%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.93%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.80%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.63%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.21%	★★★★★★

Click here to see the full list of 1972 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

LG Uplus (KOSE:A032640)

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

Overview: LG Uplus Corp. offers a range of telecommunication services mainly in South Korea, with a market cap of ₩4.70 trillion.

Operations: LG Uplus Corp.'s revenue primarily comes from its LG U+ Division, generating ₩13.60 billion, and the LG Hello Vision Division, contributing ₩1.21 billion.

Dividend Yield: 5.9%

LG Uplus offers a dividend yield of 5.95%, placing it in the top 25% of dividend payers in the Korean market. Its dividends are covered by earnings, with a payout ratio of 72.5%, and cash flows, at a cash payout ratio of 44.8%. However, its dividend history is relatively short and volatile, having been paid for only five years with fluctuations exceeding 20% annually. Recent executive changes may influence future strategy and stability.

• Click here to discover the nuances of LG Uplus with our detailed analytical dividend report.
• According our valuation report, there's an indication that LG Uplus' share price might be on the cheaper side.

Taiwan FamilyMart (TPEX:5903)

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

Overview: Taiwan FamilyMart Co., Ltd. operates and manages convenience stores in Taiwan and internationally, with a market cap of NT$42.30 billion.

Operations: Taiwan FamilyMart Co., Ltd.'s revenue primarily comes from its Retail Segment, generating NT$98.20 billion, and its Logistics Department, contributing NT$56.53 billion.

Dividend Yield: 3.1%

Taiwan FamilyMart's recent earnings report shows a significant increase in net income, rising to TWD 2.65 billion for Q3 2024 from TWD 526.94 million the previous year. Despite a low cash payout ratio of 20.6% and earnings coverage at 34.6%, indicating dividends are well-covered, its dividend history is unstable with volatility over the past decade. The dividend yield of 3.06% is below top-tier payers in Taiwan, and future earnings are expected to decline significantly.

• Take a closer look at Taiwan FamilyMart's potential here in our dividend report.
• Our valuation report unveils the possibility Taiwan FamilyMart's shares may be trading at a discount.

Mizuho Financial Group (TSE:8411)

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

Overview: Mizuho Financial Group, Inc. operates in banking, trust, securities, and other financial services across Japan and internationally with a market cap of ¥9.75 trillion.

Operations: Mizuho Financial Group's revenue segments include ¥548.64 million from The Global Markets Company, ¥781.14 million from Retail & Business Banking, and ¥59.20 million from The Asset Management Company.

Dividend Yield: 3.4%

Mizuho Financial Group's dividend yield of 3.37% is below the top 25% of dividend payers in Japan, yet its dividends have been stable and growing over the past decade. The company's recent interim dividend increase to ¥65 per share reflects a commitment to shareholder returns, supported by a low payout ratio of 36.7%, indicating dividends are well-covered by earnings. Additionally, Mizuho's earnings grew significantly last year, enhancing its capacity for sustained dividend payments.

• Dive into the specifics of Mizuho Financial Group here with our thorough dividend report.
• The valuation report we've compiled suggests that Mizuho Financial Group's current price could be quite moderate.

Next Steps

• Explore the 1972 names from our Top Dividend Stocks screener 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.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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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