3 Reliable Dividend Stocks With At Least 3.3% Yield

As global markets grapple with geopolitical tensions and consumer spending concerns, major indices have experienced sharp fluctuations, reflecting broader economic uncertainties. Amid these challenges, investors often turn to dividend stocks as a potential source of steady income and stability. In the current environment, reliable dividend stocks with yields of at least 3.3% can offer appealing opportunities for those seeking consistent returns amidst market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.91%	★★★★★★
CAC Holdings (TSE:4725)	5.06%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.24%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.06%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.92%	★★★★★★
GakkyushaLtd (TSE:9769)	4.48%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.23%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.43%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.28%	★★★★★★
DoshishaLtd (TSE:7483)	3.90%	★★★★★★

Click here to see the full list of 2010 stocks from our Top Dividend Stocks screener.

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

China Telecom (SEHK:728)

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

Overview: China Telecom Corporation Limited, along with its subsidiaries, offers wireline and mobile telecommunications services mainly in the People’s Republic of China, with a market cap of HK$783.73 billion.

Operations: China Telecom's revenue is derived from its provision of wireline and mobile telecommunications services predominantly in China.

Dividend Yield: 4.3%

China Telecom's dividend payments are well-covered by earnings, with a low payout ratio of 25.5% and a cash payout ratio of 66.6%, indicating sustainability. However, the dividend yield of 4.33% is below the top tier in Hong Kong's market. Despite an increase in dividends over the past decade, they have been volatile and unreliable at times. Recent executive changes might impact strategic continuity but haven't raised shareholder concerns so far.

• Delve into the full analysis dividend report here for a deeper understanding of China Telecom.
• Insights from our recent valuation report point to the potential undervaluation of China Telecom shares in the market.

EVA Precision Industrial Holdings (SEHK:838)

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

Overview: EVA Precision Industrial Holdings Limited is an investment holding company that offers precision manufacturing services in China, Vietnam, and Mexico, with a market cap of HK$1.36 billion.

Operations: EVA Precision Industrial Holdings Limited generates revenue from two main segments: Automotive Components, contributing HK$1.98 billion, and Office Automation Equipment, contributing HK$4.34 billion.

Dividend Yield: 5.4%

EVA Precision Industrial Holdings' dividends are well-covered by earnings and cash flows, with payout ratios of 30.1% and 34%, respectively. Despite this coverage, the dividend yield of 5.37% is below Hong Kong's top quartile. Dividend payments have been unreliable over the past decade, marked by volatility including annual drops over 20%. However, earnings have grown significantly at 40.6% annually over five years and are expected to continue growing robustly at 12.49% per year.

• Unlock comprehensive insights into our analysis of EVA Precision Industrial Holdings stock in this dividend report.
• Upon reviewing our latest valuation report, EVA Precision Industrial Holdings' share price might be too pessimistic.

L&K Engineering (TWSE:6139)

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

Overview: L&K Engineering Co., Ltd. offers turnkey engineering services across Taiwan, Hong Kong, and internationally, with a market cap of NT$61.98 billion.

Operations: L&K Engineering Co., Ltd.'s revenue segments include NT$25.53 billion from L1 Company, NT$17.10 billion from L2 Company, and NT$37.77 billion directly from L&K Engineering Co., Ltd.

Dividend Yield: 3.4%

L&K Engineering's dividend payments have been volatile over the past decade, with significant annual declines. Despite this instability, dividends are well-supported by earnings and cash flows, with payout ratios of 50% and 13.2%, respectively. The current yield of 3.38% is below Taiwan's top quartile benchmark of 4.33%. Recent earnings growth at 98.5% suggests potential for future stability, though the company recently held a special call to discuss its strategic direction and prospects.

• Take a closer look at L&K Engineering's potential here in our dividend report.
• The valuation report we've compiled suggests that L&K Engineering's current price could be quite moderate.

Key Takeaways

• Dive into all 2010 of the Top Dividend Stocks we have identified here.
• 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.

Interested In Other Possibilities?

• 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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