Stock Analysis

Top Dividend Stocks To Consider In February 2025

TWSE:3010
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As global markets navigate a landscape marked by accelerating U.S. inflation and near-record highs in stock indexes, investors are keenly observing the impact of these dynamics on their portfolios. In such an environment, dividend stocks can offer a compelling option for those seeking income stability amidst market volatility, as they typically provide regular payouts regardless of market fluctuations.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)5.93%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.95%★★★★★★
Chongqing Rural Commercial Bank (SEHK:3618)8.41%★★★★★★
Padma Oil (DSE:PADMAOIL)7.69%★★★★★★
Tsubakimoto Chain (TSE:6371)4.33%★★★★★★
Daito Trust ConstructionLtd (TSE:1878)4.04%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.15%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.41%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.33%★★★★★★
DoshishaLtd (TSE:7483)3.88%★★★★★★

Click here to see the full list of 1995 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Lam Soon (Thailand) (SET:LST)

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

Overview: Lam Soon (Thailand) Public Company Limited manufactures and distributes palm oil in Thailand, with a market cap of THB4.05 billion.

Operations: Lam Soon (Thailand) Public Company Limited generates revenue primarily from Palm Oil, amounting to THB9.20 billion, and Processed Fruits and Vegetables, contributing THB2.90 billion.

Dividend Yield: 5.1%

Lam Soon (Thailand) trades at 33% below its estimated fair value, offering potential value for investors. However, its dividend payments have been unreliable and volatile over the past decade. The recent proposed dividend of THB 0.20 per share reflects a decrease and awaits shareholder approval. Despite this, dividends are covered by earnings with a payout ratio of 40% and cash flows at 51.5%. Its dividend yield is lower than Thailand's top-tier payers.

SET:LST Dividend History as at Feb 2025
SET:LST Dividend History as at Feb 2025

Sheng Siong Group (SGX:OV8)

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

Overview: Sheng Siong Group Ltd is an investment holding company that operates a chain of supermarket retail stores in Singapore with a market cap of SGD2.48 billion.

Operations: Sheng Siong Group Ltd generates revenue from its supermarket operations selling consumer goods, amounting to SGD1.41 billion.

Dividend Yield: 3.8%

Sheng Siong Group's dividend reliability is mixed, with volatile payments over the past decade. Despite this, dividends are covered by earnings and cash flows, with payout ratios of 67.5% and 51.3%, respectively. The dividend yield of 3.79% is below Singapore's top payers, though the company trades at a significant discount to its estimated fair value. Earnings have grown annually by 7.4% over five years, supporting potential future payouts.

SGX:OV8 Dividend History as at Feb 2025
SGX:OV8 Dividend History as at Feb 2025

Wah Lee Industrial (TWSE:3010)

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

Overview: Wah Lee Industrial Corporation operates in Taiwan, focusing on the manufacturing of materials, engineering and functional plastics, semiconductor process materials, and printed circuit boards with a market cap of NT$30.74 billion.

Operations: Wah Lee Industrial Corporation's revenue segments include NT$45.19 billion from the company, NT$13.60 billion from China Hong Kong, and NT$15.02 billion from Shanghai Yikang.

Dividend Yield: 4.2%

Wah Lee Industrial's dividend stability is notable, with consistent growth and reliability over the past decade. However, its 4.18% yield lags behind Taiwan's top payers and is not well supported by free cash flows due to a high cash payout ratio of 453.9%. The payout ratio of 57% indicates dividends are covered by earnings, but sustainability concerns persist given the disconnect with cash flow coverage. Its price-to-earnings ratio of 14.3x offers relative value against the market average.

TWSE:3010 Dividend History as at Feb 2025
TWSE:3010 Dividend History as at Feb 2025

Key Takeaways

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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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About TWSE:3010

Wah Lee Industrial

Engages in the manufacturing of materials, engineering and functional plastics, semiconductor process materials, and printed circuit boards in Taiwan.

Excellent balance sheet average dividend payer.