Stock Analysis

Three Dividend Stocks To Consider For Your Portfolio

TSE:8016
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In a week marked by cautious Federal Reserve commentary and political uncertainties, global markets have experienced notable declines, with U.S. stocks seeing broad-based losses despite a late-week rally. As investors navigate these turbulent waters, dividend stocks can offer a measure of stability and income through regular payouts, making them an attractive consideration for portfolios seeking resilience amid market volatility.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.17%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.26%★★★★★★
CAC Holdings (TSE:4725)4.76%★★★★★★
Yamato Kogyo (TSE:5444)4.08%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.26%★★★★★★
GakkyushaLtd (TSE:9769)4.35%★★★★★★
Nihon Parkerizing (TSE:4095)3.89%★★★★★★
China South Publishing & Media Group (SHSE:601098)3.77%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.24%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)5.22%★★★★★★

Click here to see the full list of 1953 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Grupo Financiero Banorte. de (BMV:GFNORTE O)

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

Overview: Grupo Financiero Banorte, S.A.B. de C.V. operates as a financial services company offering banking and financial products in Mexico and internationally, with a market cap of MX$388.92 billion.

Operations: Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, provides a range of banking and financial services both in Mexico and internationally.

Dividend Yield: 3.8%

Grupo Financiero Banorte's dividend payments, while historically volatile, are currently well covered by earnings with a payout ratio of 27%. Recent earnings growth and a strong net income of MXN 42.46 billion for the nine months ended September 2024 support this coverage. Despite trading below estimated fair value and offering good relative value compared to peers, its dividend yield of 3.83% is lower than top-tier payers in Mexico.

BMV:GFNORTE O Dividend History as at Dec 2024
BMV:GFNORTE O Dividend History as at Dec 2024

Onward Holdings (TSE:8016)

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

Overview: Onward Holdings Co., Ltd. designs, manufactures, and sells men's, women's, and children's apparel across Japan, China, the United Kingdom, and the United States with a market cap of ¥78.05 billion.

Operations: Onward Holdings Co., Ltd. generates revenue through its subsidiaries by engaging in the design, manufacture, and sale of apparel for men, women, and children across Japan, China, the United Kingdom, and the United States.

Dividend Yield: 4.2%

Onward Holdings' dividend payments have been inconsistent over the past decade, lacking growth and experiencing volatility. However, with a payout ratio of 34.5%, dividends are well covered by earnings and cash flows (47.3% cash payout ratio). Recent sales growth—128.6% increase at all stores in November 2024—indicates potential for future stability. Despite trading below estimated fair value, its dividend yield of 4.17% ranks among the top in Japan's market, though earnings are impacted by one-off items.

TSE:8016 Dividend History as at Dec 2024
TSE:8016 Dividend History as at Dec 2024

Supreme Electronics (TWSE:8112)

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

Overview: Supreme Electronics Co., Ltd. operates as an import and export dealer of electronic products and components across Taiwan, Hong Kong, China, the United States, and internationally, with a market cap of NT$32.34 billion.

Operations: Supreme Electronics Co., Ltd. generates revenue of NT$235.52 billion from its computer peripherals and electronic components segment.

Dividend Yield: 6.6%

Supreme Electronics' dividend yield of 6.57% ranks in the top 25% of Taiwan's market, though it is not well covered by free cash flows and relies on non-cash earnings. Despite stable dividends over the past decade, a high payout ratio of 81.8% raises sustainability concerns. Recent earnings growth and sales increases indicate potential strength, but debt coverage issues persist. The stock trades at a slight discount to its estimated fair value.

TWSE:8112 Dividend History as at Dec 2024
TWSE:8112 Dividend History as at Dec 2024

Next Steps

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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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