3 Reliable Dividend Stocks Offering Up To 5.8% Yield

Amidst a backdrop of volatile global markets, highlighted by fluctuating corporate earnings and competitive pressures in the AI sector, investors are seeking stability through reliable dividend stocks. With central banks maintaining cautious monetary policies and economic growth showing mixed signals across regions, dividend stocks offering attractive yields can provide a steady income stream.

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)	7.54%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.01%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.29%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.53%	★★★★★★
GakkyushaLtd (TSE:9769)	4.41%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.99%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.68%	★★★★★★

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

Underneath we present a selection of stocks filtered out by our screen.

King Polytechnic Engineering (TPEX:6122)

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

Overview: King Polytechnic Engineering Co., Ltd. is an integrated engineering and construction company operating in Taiwan and internationally, with a market cap of NT$4.09 billion.

Operations: King Polytechnic Engineering Co., Ltd. generates revenue through its First Business Unit, which accounts for NT$2.63 billion, and its Second Business Unit (Including Public Works Department), contributing NT$1.92 billion.

Dividend Yield: 5.8%

King Polytechnic Engineering's dividend yield is in the top 25% of the TW market, supported by a reasonable payout ratio of 58.3%, indicating coverage by earnings and cash flows. Recent contracts worth billions bolster revenue prospects, yet dividends have been volatile over five years. The company's price-to-earnings ratio is favorable compared to the market, but its short dividend history and instability may concern some investors seeking reliability.

• Click here to discover the nuances of King Polytechnic Engineering with our detailed analytical dividend report.
• Our valuation report unveils the possibility King Polytechnic Engineering's shares may be trading at a premium.

SPARX Group (TSE:8739)

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

Overview: SPARX Group Co., Ltd. is a publicly owned asset management holding company with a market cap of ¥59.44 billion.

Operations: SPARX Group Co., Ltd. generates revenue through its asset management operations.

Dividend Yield: 4.4%

SPARX Group's dividend yield ranks in the top 25% of Japan's market, supported by a stable payout ratio of 49.4%, ensuring coverage by earnings and cash flows. The company has consistently increased dividends over the past decade, recently revising its year-end expected dividend to ¥68.00 per share for fiscal year ending March 2025. Trading at a significant discount to estimated fair value, SPARX offers an attractive proposition for dividend-focused investors seeking reliability and growth potential.

• Delve into the full analysis dividend report here for a deeper understanding of SPARX Group.
• The valuation report we've compiled suggests that SPARX Group's current price could be quite moderate.

WW Holding (TWSE:8442)

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

Overview: WW Holding Inc. operates in the manufacturing and sale of sports equipment, clothing, accessories, handbags, belts, suitcases, and leather accessories across various international markets including the United States and Mainland China, with a market cap of approximately NT$6.81 billion.

Operations: WW Holding Inc.'s revenue is derived from its Sports Gear Business Group, generating NT$3.23 billion, and its Boutique Bags Business Group, contributing NT$4.97 billion.

Dividend Yield: 5.2%

WW Holding's dividend yield is in the top 25% of Taiwan's market, with a payout ratio of 50%, indicating coverage by earnings and cash flows. However, its eight-year dividend history has been volatile, with payments decreasing over 20% annually at times. Despite this instability, the company's dividends are considered sustainable due to reasonable coverage metrics. Currently trading below estimated fair value, WW Holding presents potential for investors seeking high-yield opportunities amidst volatility.

• Take a closer look at WW Holding's potential here in our dividend report.
• In light of our recent valuation report, it seems possible that WW Holding is trading behind its estimated value.

Where To Now?

• Click here to access our complete index of 1959 Top Dividend Stocks.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Ready For A Different Approach?

• 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.

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