3 Dividend Stocks To Consider With Yields Up To 5.6%

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3 Dividend Stocks To Consider With Yields Up To 5.6%

As global markets continue to navigate the complexities of rising inflation and volatile interest rates, U.S. stock indexes are climbing toward record highs, with growth stocks outpacing value shares. In this environment, dividend stocks can offer a reliable income stream and potential stability amidst market fluctuations.

Name

Dividend Yield

Dividend Rating

Wuliangye YibinLtd (SZSE:000858)

3.92%

★★★★★★

Chongqing Rural Commercial Bank (SEHK:3618)

8.33%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.51%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.90%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.32%

★★★★★★

Daito Trust ConstructionLtd (TSE:1878)

4.04%

★★★★★★

CAC Holdings (TSE:4725)

3.99%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.23%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.60%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.97%

★★★★★★

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

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

Overview: Dongfang Electric Corporation Limited designs, develops, manufactures, and sells power generation equipment both in China and internationally, with a market cap of HK$48.02 billion.

Operations: Dongfang Electric Corporation Limited’s revenue primarily comes from its power generation equipment segment, which serves both domestic and international markets.

Dividend Yield: 5.2%

Dongfang Electric’s dividend yield of 5.19% is below the top 25% in Hong Kong, but its payout ratio of 45.3% and cash payout ratio of 33.9% indicate dividends are well-covered by earnings and cash flow. Despite this, the dividend history has been volatile over the past decade, suggesting unreliability. Recent changes include a new joint company secretary and a framework agreement with Honghua Group for product and service purchases from January 2025 to December 2027.

SEHK:1072 Dividend History as at Feb 2025

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

Overview: L&K Engineering (Suzhou) Co., Ltd. offers specialized engineering technical services in China and has a market capitalization of CN¥6.70 billion.

Operations: L&K Engineering (Suzhou) Co., Ltd. generates its revenue through the provision of specialized engineering technical services within China.

Dividend Yield: 3.2%

L&K Engineering (Suzhou) Ltd. offers a dividend yield of 3.19%, placing it in the top 25% of dividend payers in China. Its dividends are well-covered by earnings and cash flows, with payout ratios at 43% and 21.6%, respectively, indicating sustainability. However, its less than decade-long history of dividend payments has been marked by volatility and unreliability, raising concerns about consistency despite trading below estimated fair value by 33.2%.

Story Continues

SHSE:603929 Dividend History as at Feb 2025

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

Overview: Kuang Hong Arts Management Incorporation is involved in organizing and co-organizing music and dance activities in Taiwan, with a market cap of NT$3.57 billion.

Operations: Kuang Hong Arts Management Incorporation generates revenue primarily from its recreational activities segment, which accounted for NT$1.79 billion.

Dividend Yield: 5.6%

Kuang Hong Arts Management Incorporation’s dividend yield of 5.64% is among the top 25% in Taiwan, with dividends covered by both earnings (69.2% payout ratio) and cash flows (51% cash payout ratio). Despite this, its eight-year dividend history has been volatile and unreliable, with significant annual drops over 20%. The company trades at a substantial discount to its estimated fair value but has experienced shareholder dilution recently.

TPEX:6596 Dividend History as at Feb 2025

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 SEHK:1072 SHSE:603929 and TPEX:6596.

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#Dividend #Stocks #Yields

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