3 Solid Dividend Stocks Offering Yields Up To 5.5%

Dec 3, 2024
3-solid-dividend-stocks-offering-yields-up-to-5.5%

As global markets continue to experience record highs, driven by domestic policy shifts and geopolitical developments, investors are increasingly seeking stability amid the volatility. In this environment, dividend stocks can offer a reliable income stream and potential for capital appreciation, making them an attractive option for those looking to balance growth with income in their portfolios.

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.23%

★★★★★★

GakkyushaLtd (TSE:9769)

4.70%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Yamato Kogyo (TSE:5444)

3.88%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.64%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.34%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.89%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.38%

★★★★★★

E J Holdings (TSE:2153)

3.91%

★★★★★★

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

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

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

Overview: Shaanxi Coal Industry Company Limited, along with its subsidiaries, is involved in the mining, production, washing, processing, and sale of coal both in China and internationally, with a market cap of CN¥228.03 billion.

Operations: Shaanxi Coal Industry Company Limited generates revenue through its activities in coal mining, production, washing, processing, and sales on both domestic and international fronts.

Dividend Yield: 5.6%

Shaanxi Coal Industry’s dividend yield is among the top 25% in the Chinese market, supported by a reasonable payout ratio of 65.9% and a cash payout ratio of 41.3%, indicating good coverage by earnings and cash flows. However, its dividend history has been volatile over the past decade, raising concerns about reliability despite recent increases. The company trades at a significant discount to estimated fair value, but recent earnings show slight declines in sales and net income compared to last year.

SHSE:601225 Dividend History as at Dec 2024

SHSE:601225 Dividend History as at Dec 2024

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

Overview: LBX Pharmacy Chain Joint Stock Company operates a pharmacy store chain in China with a market cap of CN¥14.60 billion.

Operations: LBX Pharmacy Chain Joint Stock Company generates revenue primarily through its pharmacy store chain operations in China.

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