3 Dividend Stocks With Up To 6% Yield For Your Portfolio

In a week marked by volatility, global markets have been influenced by fluctuating corporate earnings and geopolitical tensions, with the U.S. Federal Reserve holding rates steady amid ongoing inflation concerns. As investors navigate these uncertain times, dividend stocks can offer a reliable income stream and potential stability to portfolios.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.74%	★★★★★★
Daito Trust ConstructionLtd (TSE:1878)	3.99%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.13%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.46%	★★★★★★
GakkyushaLtd (TSE:9769)	4.42%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.08%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.45%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.96%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.66%	★★★★★★
Yamato Kogyo (TSE:5444)	3.88%	★★★★★★

Click here to see the full list of 1959 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Holcim (SWX:HOLN)

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

Overview: Holcim AG, with a market cap of CHF52.92 billion, operates globally as a building materials and solutions company through its subsidiaries.

Operations: Holcim AG generates revenue from its diverse business segments, including Cement (CHF13.39 billion), Aggregates (CHF4.31 billion), Ready-Mix Concrete (CHF5.84 billion), and Solution & Products (CHF5.91 billion).

Dividend Yield: 3%

Holcim's dividend strategy is supported by a stable and growing history over the past decade, with dividends covered by both earnings (52.3% payout ratio) and cash flows (39.7% cash payout ratio). Despite its 2.97% yield being lower than the top Swiss dividend payers, Holcim's dividends are reliable with minimal volatility. The company's recent share buyback totaling CHF 1 billion underscores its commitment to returning capital to shareholders amidst planned business expansions in North America.

• Click here to discover the nuances of Holcim with our detailed analytical dividend report.
• The analysis detailed in our Holcim valuation report hints at an deflated share price compared to its estimated value.

Founding Construction Development (TWSE:5533)

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

Overview: Founding Construction Development Corp. focuses on developing public housing and commercial buildings for leasing and selling in Taiwan, with a market cap of NT$5.70 billion.

Operations: Founding Construction Development Corp.'s revenue consists of NT$394.36 million from the Hotels Segment, NT$2.71 billion from the Construction Segment, and NT$1.65 billion from the Construction Department.

Dividend Yield: 6%

Founding Construction Development's dividend yield of 6% ranks in the top 25% of Taiwan's market, supported by a payout ratio of 81.7% and a cash payout ratio of 37.5%, indicating strong earnings and cash flow coverage. Despite recent earnings growth, with Q3 net income rising to TWD 255.03 million from TWD 197.56 million year-on-year, its dividends have been historically volatile over the past decade, impacting reliability perceptions among investors.

• Unlock comprehensive insights into our analysis of Founding Construction Development stock in this dividend report.
• Upon reviewing our latest valuation report, Founding Construction Development's share price might be too optimistic.

Taiwan Surface Mounting Technology (TWSE:6278)

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

Overview: Taiwan Surface Mounting Technology Corp. is involved in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface mount packaging globally with a market cap of NT$31.29 billion.

Operations: Taiwan Surface Mounting Technology Corp.'s revenue is primarily derived from its Electronic Components & Parts segment, which generated NT$45.60 billion.

Dividend Yield: 4.7%

Taiwan Surface Mounting Technology offers a dividend yield in the top 25% of the Taiwan market, supported by a payout ratio of 50.8% and cash coverage at 75.3%. Despite earnings growth averaging 9.3% annually over five years, dividends have been volatile, impacting reliability perceptions. The stock trades at a favorable P/E ratio of 10.9x compared to the market's 20.8x, though recent revenue reports show slight declines year-over-year, potentially affecting future performance stability.

• Get an in-depth perspective on Taiwan Surface Mounting Technology's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Taiwan Surface Mounting Technology's share price might be too pessimistic.

Make It Happen

• Investigate our full lineup of 1959 Top Dividend Stocks right here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Ready To Venture Into Other Investment Styles?

• 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.

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