As global markets navigate a landscape marked by fluctuating consumer confidence and mixed economic indicators, investors continue to seek stability amid uncertainty. In this environment, dividend stocks offer a potential source of reliable income, providing investors with regular payouts that can help buffer against market volatility.
Name
Dividend Yield
Dividend Rating
Tsubakimoto Chain (TSE:6371)
4.09%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.33%
★★★★★★
CAC Holdings (TSE:4725)
4.84%
★★★★★★
Yamato Kogyo (TSE:5444)
4.04%
★★★★★★
Guangxi LiuYao Group (SHSE:603368)
3.36%
★★★★★★
Padma Oil (DSE:PADMAOIL)
7.42%
★★★★★★
GakkyushaLtd (TSE:9769)
4.38%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Below we spotlight a couple of our favorites from our exclusive screener.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sumitomo Corporation operates as a general trading company with a market capitalization of approximately ¥4.15 trillion.
Operations: Sumitomo Corporation’s revenue is primarily derived from its Steel segment at ¥1.66 billion, Media & Digital segment at ¥508.61 million, and Transportation & Construction Systems segment at ¥1.43 billion.
Dividend Yield: 3.8%
Sumitomo Corporation’s dividend payments are well covered by earnings and cash flow, with payout ratios of 43.7% and 44.2%, respectively, indicating sustainability despite a volatile dividend history over the past decade. The stock trades at a discount to its estimated fair value, offering potential value for investors. Recent strategic partnerships, including ventures in IT services and industrial park expansion, could support future growth prospects but do not directly impact its current dividend reliability or yield standing in Japan’s top quartile.
TSE:8053 Dividend History as at Jan 2025
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Mitsubishi Corporation operates globally across various sectors including natural gas, industrial materials, infrastructure, chemicals, mineral resources, automotive and mobility, food and consumer industries, power solutions, and urban development with a market cap of ¥10.35 trillion.
Operations: Mitsubishi Corporation’s revenue segments include Food Industry (¥2.36 billion), Power Solution (¥1.38 billion), Mineral Resources (¥3.27 billion), Materials Solution (¥2.39 billion), Smart-Life Creation (¥3.53 billion), and Environmental Energy (¥1.14 billion).
Dividend Yield: 3.8%
Mitsubishi’s dividends are well supported by earnings and cash flows, with payout ratios of 31.2% and 36.1%, respectively, though the dividend history has been volatile over the past decade. The stock trades at a significant discount to its estimated fair value, presenting potential value for investors. Recent strategic partnerships in the Philippines may bolster future growth but do not immediately affect dividend stability or its yield ranking among Japan’s top quartile payers.
TSE:8058 Dividend History as at Jan 2025
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Ryoden Corporation operates in the sale of factory automation systems, cooling and heating systems, information and communication technologies, facilities systems, and electronics both in Japan and internationally, with a market cap of ¥54.10 billion.
Operations: Ryoden Corporation’s revenue is derived from the following segments: Electronics at ¥149.31 billion, Factory Automation Systems at ¥49.93 billion, and X – Tech at ¥7.51 billion.
Dividend Yield: 4.3%
Ryoden’s dividend payments, while covered by earnings and cash flows with payout ratios of 51.8% and 25.1%, have been volatile over the past decade, impacting reliability. Despite this instability, dividends have grown over ten years and currently yield 4.3%, ranking in Japan’s top quartile. The stock trades significantly below its estimated fair value but faces challenges from revised earnings guidance due to delayed recovery in FA systems and economic weakness in China.
TSE:8084 Dividend History as at Jan 2025
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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.
Companies discussed in this article include TSE:8053 TSE:8058 and TSE:8084.
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