Stock Analysis

Three Top Dividend Stocks To Consider

TWSE:6192
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As global markets navigate a period of cautious optimism following the Fed's recent rate cuts and ongoing political uncertainties, investors are keenly observing how these factors impact stock performance. Amidst this backdrop, dividend stocks continue to attract attention for their potential to provide steady income streams, especially in volatile market conditions. A good dividend stock typically offers a reliable payout history and financial stability, making it an appealing option for those looking to balance growth with income in today's economic landscape.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)6.30%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.98%★★★★★★
Tsubakimoto Chain (TSE:6371)4.23%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.28%★★★★★★
CAC Holdings (TSE:4725)4.78%★★★★★★
Southside Bancshares (NYSE:SBSI)4.56%★★★★★★
Padma Oil (DSE:PADMAOIL)7.53%★★★★★★
GakkyushaLtd (TSE:9769)4.34%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.05%★★★★★★
Premier Financial (NasdaqGS:PFC)4.74%★★★★★★

Click here to see the full list of 1956 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Marimekko Oyj (HLSE:MEKKO)

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

Overview: Marimekko Oyj is a lifestyle design company that designs, manufactures, and sells clothing, bags and accessories, and interior decoration products globally, with a market cap of €490.91 million.

Operations: Marimekko Oyj generates its revenue from the Marimekko Business segment, which amounted to €179.21 million.

Dividend Yield: 3.1%

Marimekko Oyj offers a stable dividend with consistent growth over the past decade, supported by a reasonable payout ratio of 64.9% and a cash payout ratio of 45.3%, ensuring coverage by both earnings and cash flows. Although its dividend yield of 3.06% is lower than the Finnish market's top quartile, it remains reliable and stable. Recent earnings showed slight declines in net income but overall sales growth for the nine months ended September 2024, aligning with positive future guidance.

HLSE:MEKKO Dividend History as at Dec 2024
HLSE:MEKKO Dividend History as at Dec 2024

Hansae (KOSE:A105630)

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

Overview: Hansae Co., Ltd. manufactures and sells finished clothing products across Vietnam, Indonesia, Nicaragua, Guatemala, Myanmar, and Haiti with a market cap of approximately ₩570.26 billion.

Operations: Hansae Co., Ltd. generates its revenue primarily from clothing manufacturing, with this segment contributing approximately ₩1.75 billion.

Dividend Yield: 3.5%

Hansae's dividend stability over the past decade is notable, though its 3.45% yield lags behind top Korean market payers. Despite a low payout ratio of 20.8%, dividends aren't well-supported by cash flows, indicated by a high cash payout ratio of 263.7%. Recent earnings reveal increased sales but declining net income for the third quarter and nine months ended September 2024, impacting dividend sustainability due to insufficient earnings coverage.

KOSE:A105630 Dividend History as at Dec 2024
KOSE:A105630 Dividend History as at Dec 2024

Lumax International (TWSE:6192)

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

Overview: Lumax International Corp., Ltd. operates in Taiwan and China, supplying electronic components and program-controlled instruments, with a market cap of NT$10.58 billion.

Operations: Lumax International Corp., Ltd.'s revenue is primarily derived from Program-Controlled Instrument (NT$2.81 billion), Other Program Control Business (NT$1.76 billion), Program-Controlled System (NT$1.92 billion), Electronics Component (NT$555.50 million), and Communication and Linear Transmission System (NT$563.41 million).

Dividend Yield: 4.5%

Lumax International's dividend history is marked by volatility, with payments not consistently growing. Despite this, dividends are well-covered by earnings and cash flows, with payout ratios of 57.2% and 60%, respectively. Trading significantly below its estimated fair value suggests potential for capital appreciation. Recent financials show increased sales but a slight drop in net income for Q3 2024 compared to the previous year, which may affect future dividend reliability.

TWSE:6192 Dividend History as at Dec 2024
TWSE:6192 Dividend History as at Dec 2024

Where To Now?

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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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