Stock Analysis

3 Dividend Stocks With Yields Up To 6.8% For Your Portfolio

TPEX:5356
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As global markets experience broad-based gains and U.S. indexes approach record highs, investors are navigating through a landscape marked by geopolitical tensions and economic uncertainties. Amidst this backdrop, dividend stocks with attractive yields can offer a reliable income stream, making them an appealing choice for those looking to balance growth with stability in their portfolios.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Guaranty Trust Holding (NGSE:GTCO)7.01%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.44%★★★★★★
Padma Oil (DSE:PADMAOIL)6.72%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.25%★★★★★★
Nihon Parkerizing (TSE:4095)3.90%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.45%★★★★★★
Premier Financial (NasdaqGS:PFC)4.35%★★★★★★
James Latham (AIM:LTHM)6.06%★★★★★★
DoshishaLtd (TSE:7483)3.80%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.77%★★★★★★

Click here to see the full list of 1955 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

HANYANG ENGLtd (KOSDAQ:A045100)

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

Overview: Hanyang ENG Co., Ltd specializes in the construction of semiconductor facilities both in South Korea and internationally, with a market cap of ₩287.94 billion.

Operations: Hanyang ENG Co., Ltd generates revenue primarily from its involvement in the construction of semiconductor facilities across domestic and international markets.

Dividend Yield: 3.5%

HANYANG ENG Co., Ltd offers a reliable dividend yield of 3.49%, supported by a low payout ratio of 11.6% and stable cash flows, ensuring sustainability. Dividends have been stable and growing over the past decade, though the yield is lower than top-tier payers in Korea. Recent earnings reports show significant growth, with Q3 sales at KRW 248.69 billion and net income at KRW 18.37 million, enhancing its financial position for continued dividend payments amidst ongoing share repurchase efforts to stabilize stock value.

KOSDAQ:A045100 Dividend History as at Nov 2024
KOSDAQ:A045100 Dividend History as at Nov 2024

Sirtec InternationalLtd (TPEX:5356)

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

Overview: Sirtec International Co., Ltd. designs, manufactures, and sells electronic product assemblies and plastic injection and molding products in Taiwan and China, with a market cap of NT$3.49 billion.

Operations: Sirtec International Ltd. generates its revenue through the design, manufacture, and sale of electronic product assemblies and plastic injection and molding products across Taiwan and China.

Dividend Yield: 6.8%

Sirtec International Ltd. offers a high dividend yield of 6.82%, ranking in the top 25% of Taiwan's market, with dividends covered by earnings (payout ratio: 33.5%) and cash flows (cash payout ratio: 79.9%). However, its dividend history is marked by volatility and declines over the past decade, raising sustainability concerns despite recent earnings growth—sales reached TWD 1.10 billion in Q3 with net income at TWD 10.4 million—indicating improved financial health.

TPEX:5356 Dividend History as at Nov 2024
TPEX:5356 Dividend History as at Nov 2024

Kurabo Industries (TSE:3106)

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

Overview: Kurabo Industries Ltd. operates in the textile, chemical, technology, food and service, and real estate sectors both in Japan and internationally, with a market cap of ¥94.79 billion.

Operations: Kurabo Industries Ltd. generates revenue from several segments, including Chemical Products (¥64.67 billion), Textile Business (¥50.12 billion), Environmental Mechatronics Business (¥22.39 billion), Food and Services (¥9.95 billion), and Real Estate (¥4.20 billion).

Dividend Yield: 3.3%

Kurabo Industries recently increased its dividend to ¥60.00 per share, with a projected annual dividend of ¥90.00 for FY 2025, up from ¥60.00 last year. Despite a lower yield of 3.35% compared to top payers in Japan, dividends are reliably covered by earnings (28.3% payout ratio) and cash flows (44.4% cash payout). The company also initiated a buyback program for up to 1.3 million shares, enhancing shareholder returns and capital efficiency amidst volatile share prices but stable long-term dividends.

TSE:3106 Dividend History as at Nov 2024
TSE:3106 Dividend History as at Nov 2024

Next Steps

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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.

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