Stock Analysis

3 Reliable Dividend Stocks With At Least 3.7% Yield

TSE:9960
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Amidst recent fluctuations in global markets, driven by tariff uncertainties and mixed economic data, investors are increasingly seeking stability through reliable income-generating investments. In the current environment of cautious optimism and gradual economic recovery, dividend stocks with solid yields offer an attractive option for those looking to balance risk while potentially benefiting from consistent returns.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Wuliangye YibinLtd (SZSE:000858)4.08%★★★★★★
Padma Oil (DSE:PADMAOIL)7.55%★★★★★★
Daito Trust ConstructionLtd (TSE:1878)4.03%★★★★★★
China South Publishing & Media Group (SHSE:601098)3.99%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.39%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.25%★★★★★★
Nihon Parkerizing (TSE:4095)3.98%★★★★★★
DoshishaLtd (TSE:7483)3.87%★★★★★★
FALCO HOLDINGS (TSE:4671)6.47%★★★★★★
Yamato Kogyo (TSE:5444)3.85%★★★★★★

Click here to see the full list of 1960 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Info-Tek (TPEX:8183)

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

Overview: Info-Tek Corporation manufactures, assembles, processes, sells, and distributes information electronic products across Taiwan, China, the rest of Asia, the United States, and Europe with a market cap of NT$4.81 billion.

Operations: Info-Tek Corporation's revenue segments include NT$327.23 million from PCBA - EMS1 and NT$6.33 billion from PCBA - EMS3.

Dividend Yield: 4.5%

Info-Tek's dividend payments, while volatile over the past decade, are well covered by both earnings (56% payout ratio) and cash flows (40.5% cash payout ratio), suggesting a sustainable distribution despite an unstable track record. Trading at 50.1% below its estimated fair value, Info-Tek offers a competitive dividend yield of 4.52%, placing it in the top quartile among TW market payers. However, past unreliability may concern cautious investors seeking consistent growth.

TPEX:8183 Dividend History as at Feb 2025
TPEX:8183 Dividend History as at Feb 2025

Inpex (TSE:1605)

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

Overview: Inpex Corporation is involved in the research, exploration, development, production, and sale of oil, natural gas, and other mineral resources both in Japan and internationally with a market cap of approximately ¥2.27 trillion.

Operations: Inpex Corporation's revenue segments include ¥208.55 million from Oil & Gas Japan, ¥1.69 billion from Oil & Gas Overseas - Other Project, and ¥401.55 million from the Oil & Gas Overseas - Ichthys Project.

Dividend Yield: 4.5%

Inpex offers a robust dividend profile with stable and growing payouts over the past decade, supported by low payout ratios of 24.7% for earnings and 25.5% for cash flows, ensuring sustainability. Its dividend yield of 4.54% ranks in the top quartile of the JP market. The company is trading at a favorable valuation with a P/E ratio of 5.7x, below the market average, despite recent buybacks totaling ¥79.99 billion enhancing shareholder value.

TSE:1605 Dividend History as at Feb 2025
TSE:1605 Dividend History as at Feb 2025

Totech (TSE:9960)

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

Overview: Totech Corporation operates in Japan, focusing on the sale of environment control equipment, with a market cap of ¥96.84 billion.

Operations: Totech Corporation's revenue is primarily derived from its Merchandise Sales Business, which contributes ¥86.50 billion, and its Construction Business, which adds ¥61.32 billion.

Dividend Yield: 3.7%

Totech's dividend is well-supported, with a low payout ratio of 33.4% and a cash payout ratio of 30%, indicating sustainability. Although its yield of 3.74% is slightly below the top quartile in Japan, dividends have been stable and growing over the past decade. The stock trades at a significant discount to estimated fair value, offering potential upside. Recent follow-on equity offerings could impact share price dynamics but don't affect its strong dividend fundamentals.

TSE:9960 Dividend History as at Feb 2025
TSE:9960 Dividend History as at Feb 2025

Key Takeaways

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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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About TSE:9960

Totech

Engages in the sale of environment control equipment in Japan.

Flawless balance sheet with solid track record and pays a dividend.

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