Stock Analysis

3 Top Dividend Stocks Yielding Between 3.1% And 7.5%

TSE:6028
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As global markets navigate the challenges posed by rising U.S. Treasury yields and tepid economic growth, investors are increasingly looking towards dividend stocks as a source of steady income amid market volatility. In such an environment, selecting stocks with reliable dividend yields between 3.1% and 7.5% can offer a balanced approach to maintaining income while potentially benefiting from capital appreciation.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)5.20%★★★★★★
Intelligent Wave (TSE:4847)3.97%★★★★★★
Financial Institutions (NasdaqGS:FISI)5.00%★★★★★★
Innotech (TSE:9880)4.86%★★★★★★
CAC Holdings (TSE:4725)4.62%★★★★★★
Southside Bancshares (NasdaqGS:SBSI)4.51%★★★★★★
Business Brain Showa-Ota (TSE:9658)4.22%★★★★★★
Premier Financial (NasdaqGS:PFC)5.03%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.92%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.99%★★★★★★

Click here to see the full list of 2040 stocks from our Top Dividend Stocks screener.

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

Sansiri (SET:SIRI)

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

Overview: Sansiri Public Company Limited, along with its subsidiaries, operates in the property development sector in Thailand and has a market cap of THB31.98 billion.

Operations: Sansiri's revenue is primarily derived from Real Estate at THB35.77 billion, supplemented by Building Management, Project Management and Real Estate Brokerage at THB2.15 billion, with additional contributions from its Hotel Business and Hotel Management segments at THB676 million and THB574 million respectively.

Dividend Yield: 7.6%

Sansiri's dividend yield is among the top 25% in Thailand, but its sustainability is questionable due to a high cash payout ratio of 153.5%. Recent earnings show a decline, with net income dropping to THB 2.7 billion for the first half of 2024. The company announced a reduced interim dividend of THB 0.07 per share for early 2024, reflecting potential volatility and unreliability in its dividend payments over time.

SET:SIRI Dividend History as at Nov 2024
SET:SIRI Dividend History as at Nov 2024

Dai-Dan (TSE:1980)

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

Overview: Dai-Dan Co., Ltd. operates in Japan, focusing on the design, supervision, and construction of electrical, air conditioning, plumbing and sanitary, and firefighting facilities works with a market cap of ¥129.46 billion.

Operations: Dai-Dan Co., Ltd.'s revenue primarily comes from its Equipment Construction Business, generating ¥201.03 billion.

Dividend Yield: 3.4%

Dai-Dan's dividend yield of 3.44% is lower than the top 25% in Japan, and its sustainability is questionable as dividends are not covered by free cash flows despite a low payout ratio of 33.6%. Earnings grew significantly by 47.8% last year, yet share price volatility remains high. The company plans to increase its annual dividend to ¥52 per share for fiscal year ending March 2025, up from ¥48 previously, indicating a commitment to growth amidst financial challenges.

TSE:1980 Dividend History as at Nov 2024
TSE:1980 Dividend History as at Nov 2024

TechnoPro Holdings (TSE:6028)

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

Overview: TechnoPro Holdings, Inc. operates as a temporary staffing and contract work company in Japan and internationally, with a market cap of ¥293.31 billion.

Operations: TechnoPro Holdings generates revenue from its R&D Outsourcing Business (¥168.69 billion), Construction Management Outsourcing (¥23.29 billion), and Overseas Businesses (¥25.68 billion).

Dividend Yield: 3.2%

TechnoPro Holdings' dividend yield of 3.18% is below the top quartile in Japan, with a history of volatility over the past decade. Despite this, dividends are well-covered by both earnings and cash flows, with payout ratios at 58.2% and 30.5%, respectively. Recent buybacks totaling ¥3.66 billion demonstrate a focus on capital efficiency and shareholder value creation, while planned dividend increases suggest potential for growth despite historical instability in payments.

TSE:6028 Dividend History as at Nov 2024
TSE:6028 Dividend History as at Nov 2024

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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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