3 Dividend Stocks Offering Up To 4.5% Yield

In the current global market environment, characterized by cautious Federal Reserve commentary and political uncertainties, investors are navigating a landscape marked by fluctuating indices and tempered rate cut expectations. Amid these dynamics, dividend stocks with yields up to 4.5% can offer potential stability and income in portfolios. A good dividend stock typically provides consistent payouts and demonstrates financial resilience, qualities that may be particularly appealing during periods of economic uncertainty.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.38%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.93%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.54%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.52%	★★★★★★
GakkyushaLtd (TSE:9769)	4.36%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	3.76%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.20%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.02%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.72%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.22%	★★★★★★

Click here to see the full list of 1935 stocks from our Top Dividend Stocks screener.

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

Gun Ei Chemical Industry (TSE:4229)

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

Overview: Gun Ei Chemical Industry Co., Ltd. and its subsidiaries manufacture and sell synthetic resins and fibers both in Japan and internationally, with a market cap of approximately ¥17.46 billion.

Operations: Gun Ei Chemical Industry Co., Ltd. generates revenue through the production and sale of synthetic resins and fibers across domestic and international markets.

Dividend Yield: 3.9%

Gun Ei Chemical Industry offers a compelling dividend profile with reliable and growing payments over the past decade. The dividend yield of 3.92% is attractive, ranking in the top quartile of Japanese market payers. With a low payout ratio of 20.7% and cash payout ratio of 41.7%, dividends are well-covered by earnings and cash flows, ensuring sustainability. Additionally, trading at 91.5% below its estimated fair value suggests potential for capital appreciation alongside income stability.

• Delve into the full analysis dividend report here for a deeper understanding of Gun Ei Chemical Industry.
• Our expertly prepared valuation report Gun Ei Chemical Industry implies its share price may be lower than expected.

Fukui Bank (TSE:8362)

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

Overview: The Fukui Bank, Ltd., along with its subsidiaries, offers a range of banking products and services in Japan and has a market capitalization of ¥41.10 billion.

Operations: The Fukui Bank, Ltd. generates revenue primarily through its Comprehensive Financial Services segment, which amounts to ¥58.71 billion.

Dividend Yield: 3%

Fukui Bank offers a stable and reliable dividend history with payments increasing over the past decade. Despite a modest yield of 3.01%, its low payout ratio of 15.6% indicates dividends are well-covered by earnings, enhancing sustainability. However, it falls short compared to top-tier Japanese dividend payers (3.81%). Trading at 16.3% below estimated fair value suggests potential for capital appreciation, though future dividend coverage remains uncertain due to limited data on earnings sustainability beyond three years.

• Get an in-depth perspective on Fukui Bank's performance by reading our dividend report here.
• Our valuation report here indicates Fukui Bank may be undervalued.

Hua Nan Financial Holdings (TWSE:2880)

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

Overview: Hua Nan Financial Holdings Co., Ltd., along with its subsidiaries, offers financial services both in Taiwan and internationally, with a market cap of NT$358.95 billion.

Operations: Hua Nan Financial Holdings Co., Ltd. generates revenue primarily from its Banking Business, which accounts for NT$51.87 billion, and from Other Activities totaling NT$9.46 billion.

Dividend Yield: 4.5%

Hua Nan Financial Holdings has shown a volatile dividend history over the past decade, with payouts not consistently growing. Its current dividend yield is slightly below the top quartile in Taiwan's market. However, dividends are covered by earnings with a payout ratio of 72.5%, expected to remain sustainable over the next three years at 71.1%. Recent earnings indicate modest growth, with net income rising to NT$17.85 billion for nine months ended September 2024.

• Take a closer look at Hua Nan Financial Holdings' potential here in our dividend report.
• Insights from our recent valuation report point to the potential overvaluation of Hua Nan Financial Holdings shares in the market.

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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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