3 High-Quality Dividend Stocks Yielding Up To 4.6%

As global markets navigate a mixed start to the new year with U.S. stocks closing out a strong 2024 despite recent slumps, investors are keenly observing economic indicators like the Chicago PMI and GDP forecasts that suggest cautious optimism. In such an environment, high-quality dividend stocks can offer stability and income potential, especially as they often represent companies with robust financial health and consistent cash flow—key attributes in uncertain times.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	5.09%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.55%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.68%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.41%	★★★★★★
GakkyushaLtd (TSE:9769)	4.37%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.93%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.97%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.15%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.99%	★★★★★★

Click here to see the full list of 1985 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Altri SGPS (ENXTLS:ALTR)

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

Overview: Altri SGPS is a company that produces and sells cellulosic fibers and energy both in Portugal and internationally, with a market cap of €1.11 billion.

Operations: Altri SGPS generates revenue primarily from the production and commercialization of cellulosic fibers, amounting to €841.88 million.

Dividend Yield: 4.6%

Altri SGPS's dividend payments are well covered by both earnings and cash flows, with a payout ratio of 49.2% and a cash payout ratio of 22.6%. Despite its volatile dividend history, the company has increased dividends over the past decade. However, Altri's current yield of 4.62% is below top-tier levels in Portugal. Recent financial results show significant revenue and net income growth, which may support future dividend stability amidst high debt levels.

• Dive into the specifics of Altri SGPS here with our thorough dividend report.
• Our expertly prepared valuation report Altri SGPS implies its share price may be lower than expected.

TS (KOSE:A001790)

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

Overview: TS Corporation operates as a food company in South Korea with a market cap of ₩236.21 billion.

Operations: TS Corporation's revenue segments include Feed at ₩243.62 billion, Livestock Distribution at ₩377.47 billion, and Food (Excluding Animal Feed Stuffs) at ₩788.04 billion.

Dividend Yield: 4.3%

TS Corporation's dividends are well covered by earnings and cash flows, with payout ratios of 43.7% and 49.5%, respectively. Despite stable dividend growth over six years, the company has a relatively short dividend history. The recent ex-dividend date was November 25, 2024, with a cash dividend scheduled for December 27, 2024. Although third-quarter earnings declined year-over-year, the stock's price-to-earnings ratio of 10.1x suggests it offers good value compared to the KR market average of 11.7x.

• Get an in-depth perspective on TS' performance by reading our dividend report here.
• According our valuation report, there's an indication that TS' share price might be on the expensive side.

E.SUN Financial Holding Company (TWSE:2884)

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

Overview: E.SUN Financial Holding Company, Ltd., along with its subsidiaries, offers a range of financial banking products and services in Taiwan, with a market cap of NT$433.49 billion.

Operations: E.SUN Financial Holding Company generates revenue from its Overseas Branch (NT$13.33 billion), Corporate Banking Business (NT$28 billion), and Individual Financial Institution segment (NT$47.15 billion).

Dividend Yield: 4.3%

E.SUN Financial Holding Company has a reasonable payout ratio of 70.3%, suggesting dividends are currently covered by earnings and forecasted to be covered in three years at 60.2%. However, its dividend history is volatile, with payments increasing over the past decade but not consistently reliable. Recent earnings growth of 33.8% indicates strong performance, yet the dividend yield of 4.3% is slightly lower than top-tier payers in Taiwan's market. The company recently announced a TWD 2 billion fixed-income offering, potentially impacting future financial strategies.

• Click here and access our complete dividend analysis report to understand the dynamics of E.SUN Financial Holding Company.
• Our valuation report here indicates E.SUN Financial Holding Company may be overvalued.

Taking Advantage

• Get an in-depth perspective on all 1985 Top Dividend Stocks by using our screener here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Looking For Alternative Opportunities?

• 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