China National Gold Group Gold JewelleryLtd And 2 Top Dividend Stocks For Your Portfolio

Dec 12, 2024
china-national-gold-group-gold-jewelleryltd-and-2-top-dividend-stocks-for-your-portfolio

In a week marked by mixed performances across major global indices, growth stocks in the U.S. led the charge with significant gains, while value-oriented sectors like energy and materials faced declines. Amidst this backdrop of market divergence and economic updates, dividend stocks continue to attract attention for their potential to provide steady income streams and stability in uncertain times.

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.31%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.13%

★★★★★★

CAC Holdings (TSE:4725)

4.68%

★★★★★★

Yamato Kogyo (TSE:5444)

3.98%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.18%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.41%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.99%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.71%

★★★★★★

E J Holdings (TSE:2153)

3.88%

★★★★★★

DoshishaLtd (TSE:7483)

3.81%

★★★★★★

Click here to see the full list of 1927 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: China National Gold Group Gold Jewellery Co., Ltd. operates in the gold jewelry industry and has a market capitalization of CN¥15.25 billion.

Operations: China National Gold Group Gold Jewellery Co., Ltd. has revenue segments in millions of CN¥.

Dividend Yield: 5%

China National Gold Group Gold Jewellery Ltd. offers a dividend yield of 4.96%, positioning it in the top 25% of dividend payers in the Chinese market. Despite only four years of dividend history, payments have been reliable and stable, supported by a payout ratio of 77.6% and a low cash payout ratio of 24.5%. Recent earnings showed modest growth with net income at CNY 745.57 million for nine months ending September 2024, indicating sustainable dividend coverage from earnings and cash flows.

SHSE:600916 Dividend History as at Dec 2024

SHSE:600916 Dividend History as at Dec 2024

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

Overview: Komatsu Ltd. is a global manufacturer and seller of construction, mining, and utility equipment, operating across Japan, the Americas, Europe, China, Asia, Oceania, the Middle East, Africa, and CIS countries with a market cap of ¥3.91 trillion.

Operations: Komatsu Ltd.’s revenue is primarily derived from its operations in construction, mining, and utility equipment across diverse regions including Japan, the Americas, Europe, China, Asia, Oceania, the Middle East, Africa, and CIS countries.

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