3 Dividend Stocks Offering Yields Up To 5.2%

As global markets navigate a landscape marked by fluctuating interest rates and AI competition fears, investors are keenly observing how these dynamics impact stock performance. Amidst this volatility, dividend stocks offering attractive yields can provide a measure of stability and income potential for portfolios. In the current environment, selecting dividend stocks with solid fundamentals and consistent payout histories can be an effective strategy for those seeking to balance risk and reward.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Totech (TSE:9960)	3.80%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.31%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.85%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.47%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.01%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.29%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
GakkyushaLtd (TSE:9769)	4.43%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.99%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.67%	★★★★★★

Click here to see the full list of 1959 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Shieh Yih Machinery Industry (TPEX:4533)

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

Overview: Shieh Yih Machinery Industry Co., Ltd. designs, develops, manufactures, and sells machinery across China, Taiwan, America, Europe, and internationally with a market cap of NT$5.18 billion.

Operations: Shieh Yih Machinery Industry Co., Ltd. generates revenue of NT$3.61 billion from the research, development, production, and sales of products such as punch presses.

Dividend Yield: 3.5%

Shieh Yih Machinery Industry's dividend profile presents both strengths and weaknesses. Despite a stable and reliable dividend history over the past decade, with consistent growth, the company's current payout ratio of 121% indicates dividends are not well covered by earnings. However, dividends are reasonably covered by cash flows with a 63.4% cash payout ratio. The recent earnings report showed increased sales but decreased net income, highlighting potential challenges in sustaining dividend payments at current levels.

• Click to explore a detailed breakdown of our findings in Shieh Yih Machinery Industry's dividend report.
• Our expertly prepared valuation report Shieh Yih Machinery Industry implies its share price may be lower than expected.

Iron Force Industrial (TWSE:2228)

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

Overview: Iron Force Industrial Co., Ltd. manufactures and trades airbag inflators for automotive safety systems both in Taiwan and internationally, with a market cap of NT$7.40 billion.

Operations: Iron Force Industrial Co., Ltd.'s revenue segments are comprised of NT$0.69 billion from Europe, NT$1.94 billion from Taiwan, and NT$2.48 billion from the Mainland Area.

Dividend Yield: 5.2%

Iron Force Industrial offers a mixed dividend profile. While the company has seen earnings growth of 51.8% over the past year and maintains a low price-to-earnings ratio of 11.3x, its dividend yield of 5.21% is not well covered by free cash flows, raising sustainability concerns. Despite being in the top tier for dividend yield in Taiwan, dividends have been volatile and unreliable over the past decade, with payouts not fully supported by earnings or cash flows.

• Delve into the full analysis dividend report here for a deeper understanding of Iron Force Industrial.
• Our valuation report unveils the possibility Iron Force Industrial's shares may be trading at a premium.

Nichidenbo (TWSE:3090)

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

Overview: Nichidenbo Corporation is involved in the global distribution of electronic components and has a market capitalization of NT$13.90 billion.

Operations: Nichidenbo Corporation's revenue primarily comes from Taiwan, contributing NT$12.55 billion, with additional income of NT$0.83 billion from other regions.

Dividend Yield: 5%

Nichidenbo's dividend profile is complex. Despite a top-tier yield of 4.99% in Taiwan, dividends are not well covered by free cash flows, with a high cash payout ratio of 122%. Earnings cover the current payout ratio of 84.3%, but dividend reliability remains an issue due to volatility over the past decade. The price-to-earnings ratio of 17.2x suggests reasonable valuation compared to the local market, yet share price volatility persists.

• Unlock comprehensive insights into our analysis of Nichidenbo stock in this dividend report.
• Upon reviewing our latest valuation report, Nichidenbo's share price might be too optimistic.

Summing It All Up

• Delve into our full catalog of 1959 Top Dividend Stocks here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Curious About Other Options?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com