3 Prominent Dividend Stocks To Consider With Up To 6.7% Yield

As global markets navigate the uncertainties surrounding the incoming Trump administration and its potential policy impacts, investors are closely watching sector performances, with financials and energy seeing gains while healthcare faces challenges. Amidst these fluctuations, dividend stocks can offer a stable income stream, making them an attractive option for those seeking to balance risk in volatile times.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.21%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.96%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.12%	★★★★★★
CAC Holdings (TSE:4725)	4.62%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.16%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.72%	★★★★★★
GakkyushaLtd (TSE:9769)	4.47%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.49%	★★★★★★
James Latham (AIM:LTHM)	6.06%	★★★★★★
DoshishaLtd (TSE:7483)	3.82%	★★★★★★

Click here to see the full list of 1965 stocks from our Top Dividend Stocks screener.

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

LX International (KOSE:A001120)

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

Overview: LX International Corp. operates in the trading business both domestically in Korea and internationally, with a market capitalization of approximately ₩1.01 trillion.

Operations: LX International Corp.'s revenue is primarily derived from its Logistics Division, which contributes ₩7.50 billion, followed by the Trading/New Business segment at ₩7.50 billion and the Resource Sector at ₩1.12 billion.

Dividend Yield: 4.3%

LX International's dividend track record is less stable, with payments showing volatility over the past eight years. However, dividends are well-covered by both earnings and free cash flow, with payout ratios at 25.6% and 10.4% respectively. The stock trades significantly below estimated fair value, suggesting potential for price appreciation. Despite an unstable dividend history, its yield ranks in the top 25% of Korean market payers at 4.29%.

• Get an in-depth perspective on LX International's performance by reading our dividend report here.
• In light of our recent valuation report, it seems possible that LX International is trading behind its estimated value.

Beijing SDL TechnologyLtd (SZSE:002658)

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

Overview: Beijing SDL Technology Co., Ltd. develops and sells environmental monitoring products in China, with a market cap of CN¥4.08 billion.

Operations: Beijing SDL Technology Co., Ltd. generates revenue through the development and sale of environmental monitoring products in China.

Dividend Yield: 4.6%

Beijing SDL Technology's dividend yield of 4.59% ranks in the top 25% of CN market payers but is not well-covered by earnings, with a high payout ratio of 119.9%. Despite this, dividends are covered by free cash flow and have increased over the past decade, though they remain volatile. The stock trades at a significant discount to its estimated fair value, potentially offering good relative value compared to peers despite recent declines in sales and net income.

• Unlock comprehensive insights into our analysis of Beijing SDL TechnologyLtd stock in this dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Beijing SDL TechnologyLtd shares in the market.

Goodway Machine (TWSE:1583)

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

Overview: Goodway Machine Corp. manufactures and sells CNC lathes and processing machinery across Taiwan, Asia, the United States, Europe, and internationally, with a market cap of NT$6.59 billion.

Operations: Goodway Machine Corp.'s revenue segments include the manufacturing and sale of CNC lathes and processing machinery across various regions.

Dividend Yield: 6.7%

Goodway Machine's dividend yield of 6.7% is among the top tier in the TW market but faces sustainability issues due to a high cash payout ratio of 941.8%, indicating it's not well-covered by cash flows. Despite past growth, dividends have been volatile and unreliable over the last decade. Recent earnings show a decline in sales and net income, with Q3 sales at TWD 1.12 billion and net income at TWD 168.32 million, impacting financial stability for consistent payouts.

• Delve into the full analysis dividend report here for a deeper understanding of Goodway Machine.
• The analysis detailed in our Goodway Machine valuation report hints at an inflated share price compared to its estimated value.

Summing It All Up

• Get an in-depth perspective on all 1965 Top Dividend Stocks by using our screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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Ready To Venture Into Other Investment Styles?

• 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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