3 Reliable Dividend Stocks Offering Up To 8.1% Yield

As global markets continue to navigate through heightened inflation and economic uncertainties, U.S. stock indexes are climbing toward record highs, with growth stocks outperforming their value counterparts. In this environment of fluctuating interest rates and market volatility, dividend stocks can offer a degree of stability and income potential for investors seeking reliable returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	5.93%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.95%	★★★★★★
Chongqing Rural Commercial Bank (SEHK:3618)	8.41%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.69%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.33%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	4.04%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.15%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.41%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.33%	★★★★★★
DoshishaLtd (TSE:7483)	3.88%	★★★★★★

Click here to see the full list of 1998 stocks from our Top Dividend Stocks screener.

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

Dongkuk HoldingsLtd (KOSE:A001230)

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

Overview: Dongkuk Holdings Ltd (KOSE:A001230) is involved in the manufacture and sale of steel products both in South Korea and internationally, with a market cap of approximately ₩228.91 billion.

Operations: Dongkuk Holdings Ltd generates revenue primarily from its Steel segment (₩412.85 million), Transit sector (₩707.87 million), and Trade including IT activities (₩766.77 million).

Dividend Yield: 8.2%

Dongkuk Holdings Ltd. offers an attractive dividend yield of 8.15%, ranking in the top 25% in the Korean market, though its four-year history shows volatility with declining payments. Despite this, dividends are well-covered by earnings and cash flows, with payout ratios of 2.8% and 12.1% respectively, suggesting sustainability. However, high non-cash earnings raise concerns about quality, despite recent profitability and a low price-to-earnings ratio of 0.4x indicating potential value.

• Get an in-depth perspective on Dongkuk HoldingsLtd's performance by reading our dividend report here.
• Our comprehensive valuation report raises the possibility that Dongkuk HoldingsLtd is priced higher than what may be justified by its financials.

Kingclean ElectricLtd (SHSE:603355)

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

Overview: Kingclean Electric Co., Ltd is a Chinese company that manufactures and sells home appliances, kitchen appliances, and garden tools under the KingClean brand, with a market cap of CN¥13.91 billion.

Operations: Kingclean Electric Co., Ltd generates revenue of CN¥9.57 billion from its appliance and tool segment.

Dividend Yield: 6.2%

Kingclean Electric Ltd. offers a dividend yield of 6.19%, placing it in the top 25% of CN market payers, yet its dividends have been volatile and not well-covered by free cash flows due to a high cash payout ratio of 114.8%. Despite this, earnings cover the dividends with a reasonable payout ratio of 73.5%. The stock trades at a good value with an 11.9x P/E ratio, below the CN market average of 36.5x, supported by recent earnings growth of 12.5%.

• Click to explore a detailed breakdown of our findings in Kingclean ElectricLtd's dividend report.
• The analysis detailed in our Kingclean ElectricLtd valuation report hints at an deflated share price compared to its estimated value.

Loop Telecommunication InternationalInc (TWSE:3025)

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

Overview: Loop Telecommunication International Inc (TWSE:3025) operates in the telecommunications sector and has a market cap of NT$3.95 billion.

Operations: Loop Telecommunication International Inc generates revenue primarily from its Communications Equipment segment, amounting to NT$733.18 million.

Dividend Yield: 4.6%

Loop Telecommunication International Inc. offers a dividend yield of 4.6%, ranking in the top 25% of the TW market, but its dividends have been unreliable and volatile over the past decade. The company's high payout ratio of 86.3% suggests earnings cover dividends, yet cash flow coverage is weak with a cash payout ratio of 104.7%. Despite recent earnings growth of US$118 million, its P/E ratio at 15.9x indicates good value compared to the TW market average.

• Unlock comprehensive insights into our analysis of Loop Telecommunication InternationalInc stock in this dividend report.
• The valuation report we've compiled suggests that Loop Telecommunication InternationalInc's current price could be inflated.

Taking Advantage

• Click through to start exploring the rest of the 1995 Top Dividend Stocks now.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Seeking Other Investments?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com