3 Reliable Dividend Stocks Offering Yields Up To 5.7%

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3 Reliable Dividend Stocks Offering Yields Up To 5.7%

In the midst of a volatile global market, characterized by fluctuating earnings reports and economic uncertainties, investors are increasingly looking for stability in their portfolios. Dividend stocks can offer a reliable income stream, making them an attractive option during times when growth stocks may be underperforming.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.90%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.69%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.50%

★★★★★★

Allianz (XTRA:ALV)

4.77%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.49%

★★★★★★

Kwong Lung Enterprise (TPEX:8916)

6.38%

★★★★★★

James Latham (AIM:LTHM)

6.23%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.53%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.94%

★★★★★★

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

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

Overview: Dubai Refreshment (P.J.S.C.) is involved in the bottling and selling of Pepsi Cola International products across Dubai, Sharjah, and the other Northern Emirates of the UAE, with a market cap of AED2.16 billion.

Operations: The company’s revenue primarily comes from the wholesale of groceries, amounting to AED807.98 million.

Dividend Yield: 3.3%

Dubai Refreshment’s dividend payments are covered by both earnings and cash flows, with payout ratios of 53.2% and 71.3%, respectively, suggesting sustainability. However, the dividends have been volatile over the past decade despite some growth in payments. The current yield of 3.33% is below top-tier levels in the AE market. Profit margins have decreased significantly from last year, which may impact future dividend reliability despite a favorable price-to-earnings ratio of 16x compared to industry averages.

DFM:DRC Dividend History as at Nov 2024

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

Overview: Dynapack International Technology Corporation manufactures and sells lithium-ion battery packs in Taiwan, the ******* States, and internationally, with a market cap of NT$18.39 billion.

Operations: Dynapack International Technology Corporation’s revenue from the production and sales of hammer battery packs is NT$16.13 billion.

Dividend Yield: 4.6%

Dynapack International Technology’s dividend yield of 4.59% is among the top 25% in Taiwan, yet its history of volatile payments over the past decade raises concerns about stability. Despite this, dividends are well covered by earnings and cash flows with payout ratios of 42.2% and 48.6%, respectively, indicating sustainability. The company’s price-to-earnings ratio of 9.3x suggests it may be undervalued compared to the broader market average of 21.5x.

Story Continues

TPEX:3211 Dividend History as at Nov 2024

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

Overview: Simplo Technology Co., Ltd. produces and sells battery packs worldwide, with a market cap of NT$69.55 billion.

Operations: Simplo Technology Co., Ltd. generates revenue from its Batteries/Battery Systems segment, which amounts to NT$82.29 billion.

Dividend Yield: 5.8%

Simplo Technology’s dividend yield of 5.77% ranks in the top 25% in Taiwan, but its history of volatile and unreliable payments over the past decade may concern investors. Although dividends are well covered by earnings with a payout ratio of 39.8%, the high cash payout ratio of 175.5% indicates unsustainable cash flow coverage. Trading at 47% below estimated fair value suggests potential undervaluation, yet recent declines in sales and net income could impact future performance.

TPEX:6121 Dividend History as at Nov 2024

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.

Companies discussed in this article include DFM:DRC TPEX:3211 and TPEX:6121.

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#Reliable #Dividend #Stocks #Offering #Yields

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