Amano Joins These 2 High-Yield Dividend Stocks For Your Portfolio

In a week marked by geopolitical tensions and concerns over consumer spending, global markets have experienced volatility, with major U.S. indices closing lower despite early gains. As investors navigate these uncertain times, focusing on high-yield dividend stocks can offer a measure of stability and income potential in their portfolios.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Chongqing Rural Commercial Bank (SEHK:3618)	8.73%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	4.00%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.67%	★★★★★★
CAC Holdings (TSE:4725)	5.10%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.26%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.04%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.93%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.49%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.23%	★★★★★★
DoshishaLtd (TSE:7483)	3.88%	★★★★★★

Click here to see the full list of 2012 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Amano (TSE:6436)

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

Overview: Amano Corporation operates in the time information, parking, environmental, and cleaning systems sectors both in Japan and internationally, with a market cap of ¥273.76 billion.

Operations: Amano Corporation's revenue is derived from its operations in time information systems, parking systems, environmental systems, and cleaning systems sectors.

Dividend Yield: 3.8%

Amano's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 41.8% and 57.8%, respectively. Despite a history of volatility in dividends over the past decade, they have shown growth during this period. However, its current dividend yield of 3.78% is slightly below the top quartile in Japan's market. Earnings grew by 15.1% last year, supporting future dividend sustainability amidst anticipated growth projections.

• Get an in-depth perspective on Amano's performance by reading our dividend report here.
• The valuation report we've compiled suggests that Amano's current price could be inflated.

Nagase (TSE:8012)

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

Overview: Nagase & Co., Ltd. is a global company involved in the manufacturing, importing/exporting, and selling of chemicals, plastics, electronics materials, cosmetics, and health foods with a market cap of approximately ¥3 trillion.

Operations: Nagase & Co., Ltd. generates revenue through its diverse operations in chemicals, plastics, electronics materials, cosmetics, and health foods.

Dividend Yield: 3.3%

Nagase's dividends are well-supported by earnings and cash flows, with payout ratios of 36.5% and 50.9%, respectively, and have been stable over the past decade. Although its dividend yield of 3.25% is below Japan's top quartile, consistent dividend growth offers reliability for investors. Recent strategic expansion into venture capital could enhance long-term value creation, while a new management structure aims to bolster corporate value further amidst a forecasted 7% annual earnings growth.

• Click here to discover the nuances of Nagase with our detailed analytical dividend report.
• The analysis detailed in our Nagase valuation report hints at an inflated share price compared to its estimated value.

Selena FM (WSE:SEL)

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

Overview: Selena FM S.A. operates through its subsidiaries to produce, distribute, and sell construction chemicals, building materials for doors and windows, and general building accessories to both professional and individual users, with a market cap of PLN753.04 million.

Operations: Selena FM S.A.'s revenue segments include PLN107.88 million from America, PLN898.66 million from the Parent Company, PLN458.90 million from Western Europe, PLN687.26 million from Production in Poland, PLN327.80 million from Distribution in Poland, and PLN489.75 million from Eastern Europe and Asia.

Dividend Yield: 4.3%

Selena FM's dividend payments have been volatile over the past decade, despite an overall increase. The dividends are supported by earnings and cash flows, with payout ratios of 59.7% and 72.2%, respectively. However, its dividend yield of 4.31% is lower than the top tier in Poland's market, which stands at 7.55%. Investors should weigh this against the company's unstable track record when considering Selena FM for dividend income.

• Click here and access our complete dividend analysis report to understand the dynamics of Selena FM.
• According our valuation report, there's an indication that Selena FM's share price might be on the expensive side.

Next Steps

• Click here to access our complete index of 2012 Top Dividend Stocks.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Contemplating Other Strategies?

• 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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