Top Dividend Stocks Including Hour Glass And Two Others

As global markets continue to navigate economic uncertainties, with U.S. stock indexes nearing record highs and inflation data influencing rate expectations, investors are increasingly seeking stability through dividend stocks. In this environment, a good dividend stock is often characterized by its ability to offer consistent returns and act as a hedge against market volatility, making them attractive options for those looking to balance growth with income.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.93%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.69%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.92%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.23%	★★★★★★
CAC Holdings (TSE:4725)	4.06%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.92%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.68%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.40%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.27%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.29%	★★★★★★

Click here to see the full list of 1990 stocks from our Top Dividend Stocks screener.

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

Hour Glass (SGX:AGS)

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

Overview: The Hour Glass Limited is an investment holding company involved in the retailing and distribution of watches, jewelry, and other luxury products across several countries including Singapore, Hong Kong, Japan, Australia, New Zealand, Malaysia, Thailand, and Vietnam with a market cap of SGD1.02 billion.

Operations: The Hour Glass Limited generates SGD1.11 billion in revenue from its retailing and distribution of watches, jewelry, and other luxury products.

Dividend Yield: 5%

Hour Glass offers a dividend yield of 5.03%, which is below the top quartile in the SG market. However, its dividends are well-covered by earnings and cash flows, with payout ratios of 37% and 46.5% respectively, suggesting sustainability. Despite a history of volatility in dividend payments over the past decade, there has been growth in dividends during this period. The stock's price-to-earnings ratio stands at 7.3x, lower than the market average.

• Delve into the full analysis dividend report here for a deeper understanding of Hour Glass.
• In light of our recent valuation report, it seems possible that Hour Glass is trading beyond its estimated value.

Yamaichi ElectronicsLtd (TSE:6941)

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

Overview: Yamaichi Electronics Co., Ltd. manufactures and sells test, connector, and optical-related products both in Japan and internationally, with a market cap of ¥43.21 billion.

Operations: Yamaichi Electronics Co., Ltd. generates revenue through its manufacturing and sales of test, connector, and optical-related products across domestic and international markets.

Dividend Yield: 4.1%

Yamaichi Electronics offers a dividend yield of 4.13%, placing it among the top 25% of dividend payers in Japan. Its dividends are well-covered by earnings and cash flows, with payout ratios of 26% and 39.7%, respectively, indicating sustainability despite a volatile track record over the past decade. Recent announcements include a share buyback program worth ¥1 billion, aimed at enhancing shareholder returns and capital efficiency. The stock trades at good value relative to peers.

• Click to explore a detailed breakdown of our findings in Yamaichi ElectronicsLtd's dividend report.
• Our expertly prepared valuation report Yamaichi ElectronicsLtd implies its share price may be lower than expected.

Wowprime (TWSE:2727)

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

Overview: Wowprime Corp. operates restaurants and coffee/tea shops in Taiwan and Mainland China, with a market cap of NT$18.96 billion.

Operations: Wowprime Corp.'s revenue is derived from its operations in the Taiwan Area, contributing NT$17.90 billion, and the Mainland Area, adding NT$4.36 billion.

Dividend Yield: 6.4%

Wowprime offers a high dividend yield of 6.43%, ranking in the top 25% of Taiwan's market. However, its dividends are not well-covered by earnings due to a high payout ratio of 95.4%, though cash flows cover them better at 47.6%. Despite growth over the past decade, dividend payments have been volatile and unreliable, with significant annual drops. The stock trades below fair value compared to peers and industry standards, presenting potential relative value opportunities.

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

Where To Now?

• Get an in-depth perspective on all 1990 Top Dividend Stocks by using our screener here.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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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