Stock Analysis

3 Reliable Dividend Stocks Yielding Up To 5.2%

SEHK:856
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As global markets react to the recent U.S. election and economic policy shifts, investors have seen major indices like the S&P 500 reach record highs, driven by optimism around potential tax cuts and deregulation. Amidst this backdrop of economic uncertainty and fluctuating interest rates, dividend stocks offer a reliable income stream for investors seeking stability.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.47%★★★★★★
Tsubakimoto Chain (TSE:6371)4.16%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)6.90%★★★★★★
Allianz (XTRA:ALV)4.77%★★★★★★
FALCO HOLDINGS (TSE:4671)6.66%★★★★★★
Business Brain Showa-Ota (TSE:9658)3.98%★★★★★★
James Latham (AIM:LTHM)6.06%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.46%★★★★★★
DoshishaLtd (TSE:7483)3.86%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.88%★★★★★★

Click here to see the full list of 1934 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

VSTECS Holdings (SEHK:856)

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

Overview: VSTECS Holdings Limited is an investment holding company that develops IT product channels and provides technical solution integration services in North Asia and South East Asia, with a market cap of HK$6.68 billion.

Operations: VSTECS Holdings Limited's revenue segments consist of Cloud Computing (HK$3.44 billion), Enterprise Systems (HK$44.82 billion), and Consumer Electronics (HK$31.69 billion).

Dividend Yield: 5.2%

VSTECS Holdings offers a dividend yield of 5.23%, which is below the top 25% in Hong Kong. Its dividends are well-covered by earnings and cash flow, with payout ratios of 41.1% and 49%, respectively. However, its dividend history has been volatile over the past decade despite recent increases. The company's price-to-earnings ratio is attractively lower than the market average, but recent earnings show a decline in net income despite increased sales to HK$40 billion for H1 2024.

SEHK:856 Dividend History as at Nov 2024
SEHK:856 Dividend History as at Nov 2024

Nihon DenkeiLtd (TSE:9908)

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

Overview: Nihon Denkei Co., Ltd. engages in the trading of electronic measuring instruments both in Japan and internationally, with a market cap of ¥19.45 billion.

Operations: Nihon Denkei Ltd.'s revenue segments include ¥15.75 billion from China and ¥89.39 billion from Japan.

Dividend Yield: 4.7%

Nihon Denkei Ltd. offers a reliable dividend yield of 4.79%, ranking in the top 25% of Japanese market payers, with stable growth over the past decade. The dividends are well-supported by earnings and cash flows, with payout ratios of 33.1% and 29.7%, respectively, ensuring sustainability. Recently, the company announced a share buyback program worth ¥460 million to enhance shareholder returns and capital efficiency amid its removal from the S&P Global BMI Index.

TSE:9908 Dividend History as at Nov 2024
TSE:9908 Dividend History as at Nov 2024

First Insurance (TWSE:2852)

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

Overview: The First Insurance Co., Ltd. provides a variety of insurance products and related services to both commercial and personal line customers in Taiwan, with a market cap of NT$7.26 billion.

Operations: The First Insurance Co., Ltd. generates its revenue primarily from Property and Casualty Insurance, amounting to NT$7.69 billion.

Dividend Yield: 4.7%

First Insurance's dividend yield of 4.66% is among the top 25% in Taiwan, but its reliability is questionable due to historical volatility. Although dividends are well-covered by earnings with a payout ratio of 38.6%, they aren't supported by free cash flow, raising sustainability concerns. Recent earnings growth, with net income reaching TWD 529.79 million for the first half of 2024, signals improved profitability despite past shareholder dilution issues.

TWSE:2852 Dividend History as at Nov 2024
TWSE:2852 Dividend History as at Nov 2024

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Ready For A Different Approach?

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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