Stock Analysis

3 High-Yield Dividend Stocks Offering Up To 4.4%

As global markets navigate a landscape marked by fluctuating inflation rates and varied central bank policies, investors continue to seek stable returns amid uncertainty. In this context, high-yield dividend stocks emerge as appealing options for those looking to generate steady income from their investments.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Allianz (XTRA:ALV)5.27%★★★★★★
Guaranty Trust Holding (NGSE:GTCO)8.00%★★★★★★
Business Brain Showa-Ota (TSE:9658)3.70%★★★★★★
Sonae SGPS (ENXTLS:SON)6.01%★★★★★★
Globeride (TSE:7990)3.80%★★★★★★
HITO-Communications HoldingsInc (TSE:4433)3.60%★★★★★★
Ryoyu Systems (TSE:4685)3.51%★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)4.54%★★★★★★
Mitsubishi Research Institute (TSE:3636)3.43%★★★★★★
GakkyushaLtd (TSE:9769)4.18%★★★★★★

Click here to see the full list of 1956 stocks from our Top Dividend Stocks screener.

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

Al-Ahleia Insurance CompanyK.P (KWSE:AINS)

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

Overview: Al-Ahleia Insurance Company S.A.K.P. offers insurance and reinsurance products and services in Kuwait, with a market capitalization of KWD 190.26 million.

Operations: Al-Ahleia Insurance Company S.A.K.P. generates revenue primarily through reinsurance operations (KWD 16.20 million), general risk insurance (KWD 6.34 million), and life and medical insurance (KWD 6.14 million).

Dividend Yield: 3.4%

Al-Ahleia Insurance Company has demonstrated a mixed performance in its dividend strategy. Over the past decade, dividends have shown growth but experienced significant volatility with annual drops exceeding 20%. Despite this instability, the dividends are well-supported financially, evidenced by a modest payout ratio of 30.6% and a cash payout ratio of 19%, indicating strong coverage by both earnings and cash flows. Recent financial results show an upward trend in earnings, with net income rising to KWD 8.79 million in Q1 2024 from KWD 7.6 million the previous year. However, its dividend yield at 3.42% remains below the top quartile of Kuwaiti market dividend payers at 6.48%.

KWSE:AINS Dividend History as at Jun 2024
KWSE:AINS Dividend History as at Jun 2024

Combined Group Contracting Company - K.S.C. (Public) (KWSE:CGC)

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

Overview: Combined Group Contracting Company - K.S.C. (Public) operates in the construction sector, focusing on infrastructure and building projects, with a market capitalization of approximately KWD 115.16 million.

Operations: Unfortunately, there is no specific revenue segment data provided for Combined Group Contracting Company - K.S.C. (Public) in the text you referenced.

Dividend Yield: 4.4%

Combined Group Contracting Company (CGC) offers a dividend yield of 4.42%, which falls below the top quartile for dividend payers in the Kuwaiti market at 6.48%. Despite this, CGC maintains a solid foundation for its dividends, with both earnings and cash flows sufficiently covering payouts at ratios of 51.1% and 55.8% respectively. However, investors should note CGC's dividends have shown instability over the past decade, reflecting some volatility in payments despite recent increases in dividend amounts. Recent financials indicate a stable performance with Q1 2024 net income rising to KWD 3.22 million from KWD 2.3 million year-over-year, supporting ongoing dividend commitments.

KWSE:CGC Dividend History as at Jun 2024
KWSE:CGC Dividend History as at Jun 2024

Primax Electronics (TWSE:4915)

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

Overview: Primax Electronics Ltd. operates globally, manufacturing and selling computer peripherals and non-computer peripherals, with a market capitalization of approximately NT$49.53 billion.

Operations: Primax Electronics Ltd. generates NT$23.01 billion from its Computer Peripheral Equipment Business Group and NT$36.45 billion from its Non-Computer Peripheral Equipment Business Group.

Dividend Yield: 3.6%

Primax Electronics has a mixed track record in dividend reliability, with volatile payments over the past decade. Despite this, dividends have grown overall and are supported by a reasonable payout ratio of 72.1% and a cash payout ratio of 29.1%, indicating coverage by both earnings and cash flows. However, its dividend yield of 3.62% is lower than the top quartile in the Taiwan market at 4.25%. Recent leadership changes could impact future financial strategies and dividend policies.

TWSE:4915 Dividend History as at Jun 2024
TWSE:4915 Dividend History as at Jun 2024

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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 KWSE:CGC

Combined Group Contracting Company - K.S.C. (Public)

Combined Group Contracting Company - K.S.C.

Solid track record with adequate balance sheet.

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