As global markets navigate a mixed start to the year, with U.S. stocks showing resilience despite economic uncertainties and European indices experiencing varied performances, investors are increasingly seeking stability in their portfolios. In such an environment, dividend stocks with reliable yields can offer a measure of predictability and income, making them attractive options for those looking to balance potential market volatility with steady returns.
Name
Dividend Yield
Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)
6.49%
★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)
5.10%
★★★★★★
Tsubakimoto Chain (TSE:6371)
4.09%
★★★★★★
CAC Holdings (TSE:4725)
4.84%
★★★★★★
Southside Bancshares (NYSE:SBSI)
4.61%
★★★★★★
Yamato Kogyo (TSE:5444)
4.04%
★★★★★★
GakkyushaLtd (TSE:9769)
4.38%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Let’s uncover some gems from our specialized screener.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Xxentria Technology Materials Co., Ltd. manufactures and sells steel composite materials in the United States, Asia, and internationally, with a market cap of NT$10.56 billion.
Operations: Xxentria Technology Materials Co., Ltd.’s revenue is primarily derived from its Composite Board segment, which accounts for NT$3.43 billion, and its Surface Treatment segment, contributing NT$234.92 million.
Dividend Yield: 7.4%
Xxentria Technology Materials’ dividend yield of 7.39% is among the top in Taiwan, but its sustainability is questionable due to a high payout ratio of 92.3%, not well covered by earnings. Despite being covered by cash flows with a cash payout ratio of 78.8%, past dividends have been volatile and unreliable, showing no consistent growth trend over the last decade. Recent financials indicate declining revenues and earnings, potentially impacting future payouts.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Nippon Ceramic Co., Ltd. develops, manufactures, and sells ceramic sensors and modules both in Japan and internationally, with a market cap of approximately ¥56.95 billion.
Operations: Nippon Ceramic Co., Ltd. generates revenue primarily from the manufacturing and sales of electronic components and related products, totaling ¥24.47 billion.
Dividend Yield: 3.9%
Nippon Ceramic’s dividend yield of 3.91% ranks in the top 25% of Japanese market payers and is well-supported by a payout ratio of 66% and a cash payout ratio of 36.5%. Despite past volatility, dividends have grown over the last decade. Recent buyback activities, including repurchasing shares worth ¥999.77 million, could signal confidence in financial health but don’t necessarily ensure future dividend stability given historical unreliability.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Star Micronics Co., Ltd. manufactures and sells CNC automatic lathes and other products across Japan, Asia, the United States, and Europe, with a market cap of ¥60.59 billion.
Operations: Star Micronics Co., Ltd.’s revenue is primarily derived from its Machine Tool Business, including the Precision Part Business, which accounts for ¥52.51 billion, and the Power Products Business, contributing ¥12.97 billion.
Dividend Yield: 3.2%
Star Micronics offers a stable dividend yield of 3.18%, though below the top 25% in Japan, with robust coverage from both earnings (79.8% payout ratio) and cash flows (20.4% cash payout). Dividends have been reliable and growing over the past decade. However, recent guidance revisions indicate reduced net sales and profits for FY2024, potentially impacting future payouts despite current stability. The stock trades significantly below estimated fair value, suggesting potential undervaluation amidst these challenges.
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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 TPEX:8942 TSE:6929 and TSE:7718.
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