Stock Analysis
As global markets navigate uncertainties surrounding U.S. trade policies and fluctuating economic indicators, investors are closely monitoring the impact on major indices, which have shown mixed performances recently. Amid these conditions, dividend stocks can offer a sense of stability and income potential, making them an attractive option for those looking to weather market volatility while benefiting from regular payouts.
Top 10 Dividend Stocks
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.35% | ★★★★★★ |
Padma Oil (DSE:PADMAOIL) | 7.54% | ★★★★★★ |
Daito Trust ConstructionLtd (TSE:1878) | 4.04% | ★★★★★★ |
GakkyushaLtd (TSE:9769) | 4.52% | ★★★★★★ |
CAC Holdings (TSE:4725) | 4.46% | ★★★★★★ |
China South Publishing & Media Group (SHSE:601098) | 3.99% | ★★★★★★ |
HUAYU Automotive Systems (SHSE:600741) | 4.25% | ★★★★★★ |
Nihon Parkerizing (TSE:4095) | 4.00% | ★★★★★★ |
DoshishaLtd (TSE:7483) | 3.88% | ★★★★★★ |
FALCO HOLDINGS (TSE:4671) | 6.51% | ★★★★★★ |
Click here to see the full list of 1976 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Zhengzhou Coal Mining Machinery Group (SHSE:601717)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Zhengzhou Coal Mining Machinery Group Company Limited, along with its subsidiaries, manufactures and sells coal mining and excavating equipment for the coal mining industry in China, Germany, and internationally, with a market cap of CN¥22.44 billion.
Operations: Zhengzhou Coal Mining Machinery Group's revenue is primarily derived from its coal manufacturing segment, which generated CN¥19.18 billion, and its automotive parts board segment, which contributed CN¥17.81 billion.
Dividend Yield: 6.4%
Zhengzhou Coal Mining Machinery Group offers a compelling dividend yield of 6.44%, ranking in the top 25% of CN market payers. The dividends are well-covered by earnings with a payout ratio of 38.6% and cash flows at 55.2%. Despite past volatility in dividend payments, they have shown growth over the last decade. Recent board changes, including resignations from key directors, may impact strategic direction but do not directly affect dividend sustainability or value assessment.
- Get an in-depth perspective on Zhengzhou Coal Mining Machinery Group's performance by reading our dividend report here.
- Our comprehensive valuation report raises the possibility that Zhengzhou Coal Mining Machinery Group is priced lower than what may be justified by its financials.
King Chou Marine Technology (TPEX:4417)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: King Chou Marine Technology Co., Ltd. operates globally under the King Net brand, focusing on the manufacturing, processing, exporting, and importing of fishing nets for marine industries with a market cap of NT$3.67 billion.
Operations: King Chou Marine Technology Co., Ltd.'s revenue segments include Chin Chou with NT$2.13 billion, Kunshan Cing Chou at NT$455.15 million, and Vietnam Cing Chou contributing NT$830.91 million.
Dividend Yield: 4.6%
King Chou Marine Technology's dividend yield of 4.58% ranks in the top 25% of TW market payers, with a payout ratio of 50.1%, indicating coverage by earnings. The cash payout ratio stands at 62.3%, suggesting dividends are supported by cash flows as well. However, the company has an unstable and volatile dividend track record over the past decade, which may raise concerns about reliability despite trading significantly below estimated fair value.
- Navigate through the intricacies of King Chou Marine Technology with our comprehensive dividend report here.
- Insights from our recent valuation report point to the potential undervaluation of King Chou Marine Technology shares in the market.
Toagosei (TSE:4045)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Toagosei Co., Ltd. is a company that manufactures, distributes, and sells chemical products with a market capitalization of ¥162.09 billion.
Operations: Toagosei Co., Ltd.'s revenue segments include the Fundamental Chemistry Product Business at ¥81.68 billion, Polymers and Oligomer Business at ¥36.44 billion, Resin Processing Product Business at ¥28.69 billion, Adhesive Material Business at ¥13.62 billion, and Highly Functional Inorganic Materials Business at ¥10.34 billion.
Dividend Yield: 4.2%
Toagosei's dividend yield of 4.15% is among the top 25% in Japan, with a payout ratio of 49.8%, showing earnings coverage. Despite stable and reliable dividends over the last decade, its high cash payout ratio of 112.2% indicates inadequate free cash flow coverage, raising sustainability concerns. Recent strategic expansion into India aims to leverage economic growth and raw material procurement advantages, potentially enhancing future revenue streams without immediate dividend impact.
- Click to explore a detailed breakdown of our findings in Toagosei's dividend report.
- Our valuation report unveils the possibility Toagosei's shares may be trading at a discount.
Taking Advantage
- Reveal the 1976 hidden gems among our Top Dividend Stocks screener with a single click here.
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Ready For A Different Approach?
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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.
Valuation is complex, but we're here to simplify it.
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About TSE:4045
Toagosei
Manufactures, distributes, and sells chemical products.