3 Dividend Stocks To Consider With Yields Up To 5.4%

As global markets experience broad-based gains and U.S. indexes approach record highs, investors are navigating a landscape marked by geopolitical tensions and economic uncertainties. In this environment, dividend stocks can offer a measure of stability and income through regular payouts, making them an attractive option for those looking to balance growth with income generation.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	7.01%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.47%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.17%	★★★★★★
CAC Holdings (TSE:4725)	4.57%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.69%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.41%	★★★★★★
James Latham (AIM:LTHM)	6.06%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.30%	★★★★★★
DoshishaLtd (TSE:7483)	3.80%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.88%	★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

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

Universal Vision Biotechnology (TPEX:3218)

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

Overview: Universal Vision Biotechnology Co., Ltd. operates a chain of eye care clinics in Taiwan and China, with a market cap of NT$18.26 billion.

Operations: Universal Vision Biotechnology Co., Ltd. generates revenue from its network of eye care clinics located in Taiwan and China.

Dividend Yield: 3.3%

Universal Vision Biotechnology offers a stable dividend with a yield of 3.26%, though lower than the top 25% in Taiwan's market. Its dividends have been reliably growing over the past decade, supported by a sustainable payout ratio of 55% and cash flow coverage at 48.6%. Despite recent earnings showing slight declines in net income for Q3, long-term profit growth remains strong, enhancing its dividend reliability.

• Click here to discover the nuances of Universal Vision Biotechnology with our detailed analytical dividend report.
• Insights from our recent valuation report point to the potential undervaluation of Universal Vision Biotechnology shares in the market.

Shieh Yih Machinery Industry (TPEX:4533)

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

Overview: Shieh Yih Machinery Industry Co., Ltd. develops and sells servo presses across Taiwan, Europe, the United States, Japan, and internationally with a market cap of NT$5.89 billion.

Operations: Shieh Yih Machinery Industry Co., Ltd. generates revenue primarily from the research, development, production, and sales of products such as punch presses, amounting to NT$3.61 billion.

Dividend Yield: 3.1%

Shieh Yih Machinery Industry's dividend yield of 3.06% is below the top tier in Taiwan, and its high payout ratio of 110% indicates dividends are not well covered by earnings. However, cash flows do cover the payments with a 63.4% cash payout ratio. Despite recent declines in net income for Q3, dividends have been stable and growing over the past decade, suggesting reliability despite current sustainability concerns.

• Dive into the specifics of Shieh Yih Machinery Industry here with our thorough dividend report.
• Our valuation report unveils the possibility Shieh Yih Machinery Industry's shares may be trading at a discount.

Y.C.C. Parts Mfg (TWSE:1339)

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

Overview: Y.C.C. Parts Mfg. Co., Ltd. is involved in the manufacturing, importing, exporting, and trading of automobile parts in Taiwan, China, and globally with a market cap of NT$4.03 billion.

Operations: Y.C.C. Parts Mfg. Co., Ltd.'s revenue segments include the manufacturing, importing, exporting, and trading of automobile parts across Taiwan, China, and international markets.

Dividend Yield: 5.4%

Y.C.C. Parts Mfg.'s dividend yield of 5.43% is among the top in Taiwan, but its high cash payout ratio of 118.9% indicates dividends are not well covered by cash flows, raising sustainability concerns despite a stable history over the past decade. Earnings for Q3 decreased significantly to TWD 77.82 million from TWD 150.71 million year-on-year, impacting dividend coverage despite a reasonable payout ratio of 55.5%.

• Click to explore a detailed breakdown of our findings in Y.C.C. Parts Mfg's dividend report.
• Upon reviewing our latest valuation report, Y.C.C. Parts Mfg's share price might be too pessimistic.

Key Takeaways

• Discover the full array of 1948 Top Dividend Stocks right here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Looking For Alternative Opportunities?

• 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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