3 High-Yield Dividend Stocks Offering Up To 5.6%

As global markets navigate mixed signals with U.S. stocks ending a strong year despite recent slumps, and European indices showing varied performances amid economic uncertainties, investors are increasingly focusing on reliable income sources like dividend stocks. With the current backdrop of fluctuating economic indicators and cautious monetary policies, high-yield dividend stocks can offer a steady income stream, making them an attractive option for those looking to balance growth with stability in their portfolios.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.61%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.48%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.49%	★★★★★★
GakkyushaLtd (TSE:9769)	4.38%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.89%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.38%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.89%	★★★★★★
E J Holdings (TSE:2153)	3.82%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.07%	★★★★★★

Click here to see the full list of 1971 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Briscoe Group (NZSE:BGP)

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

Overview: Briscoe Group Limited operates as a retailer of homeware and sporting products in New Zealand, with a market capitalization of NZ$1.13 billion.

Operations: Briscoe Group Limited generates revenue through its homeware segment, amounting to NZ$490.75 million, and its sporting goods segment, which brings in NZ$304.04 million.

Dividend Yield: 5.6%

Briscoe Group's dividend payments are covered by both earnings (86.5% payout ratio) and free cash flows (72.5% cash payout ratio), indicating sustainability. However, its 5.63% yield is below the top tier in New Zealand, and dividends have been volatile over the past decade with significant drops exceeding 20%. Despite this volatility, dividends have increased over ten years, and the stock trades at a good value relative to peers.

• Get an in-depth perspective on Briscoe Group's performance by reading our dividend report here.
• The analysis detailed in our Briscoe Group valuation report hints at an deflated share price compared to its estimated value.

Sigurd Microelectronics (TWSE:6257)

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

Overview: Sigurd Microelectronics Corporation, with a market cap of NT$33.63 billion, operates in the design, processing, testing, burn-in treatment, manufacture, and trading of integrated circuits across Taiwan, Singapore, America, China, and internationally.

Operations: Sigurd Microelectronics Corporation generates revenue primarily from its Packaging and Testing Business, amounting to NT$17.27 billion, and Trading activities, which contribute NT$42.64 million.

Dividend Yield: 3.9%

Sigurd Microelectronics' dividends are sustainably covered by earnings and cash flows, with payout ratios of 55.4% and 51.5%, respectively. Despite a volatile dividend history over the past decade, payments have increased during this period. The company trades at a favorable price-to-earnings ratio of 15x compared to the Taiwan market's average of 20.8x, though its yield is lower than the top quartile in Taiwan at 3.86%. Recent earnings growth supports potential future payouts.

• Dive into the specifics of Sigurd Microelectronics here with our thorough dividend report.
• In light of our recent valuation report, it seems possible that Sigurd Microelectronics is trading behind its estimated value.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (WSE:PKO)

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

Overview: Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna offers a range of banking products and services both in Poland and internationally, with a market cap of PLN75.38 billion.

Operations: The company's revenue segments include the Retail Segment generating PLN15.35 billion and the Corporate and Investment Segment contributing PLN7.53 billion.

Dividend Yield: 4.3%

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna's dividend payments have been volatile over the past decade, though they have increased during this period. The bank maintains a low payout ratio of 42.9%, indicating dividends are well covered by earnings and expected to remain so in three years at 59.7%. Despite trading below fair value estimates, its dividend yield of 4.3% is lower than Poland's top quartile payers. Recent earnings growth supports potential future stability in payouts.

• Unlock comprehensive insights into our analysis of Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna stock in this dividend report.
• Our valuation report unveils the possibility Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna's shares may be trading at a discount.

Where To Now?

• Get an in-depth perspective on all 1971 Top Dividend Stocks by using our screener 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.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Want To Explore Some Alternatives?

• 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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