3 Reliable Dividend Stocks Offering Up To 8.4% Yield

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As global markets navigate a mixed economic landscape, characterized by fluctuating consumer confidence and evolving trade tensions, investors continue to seek stability and income amidst uncertainty. In such an environment, dividend stocks can offer a reliable source of returns, providing both income and potential for growth as they distribute profits back to shareholders.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Yamato Kogyo (TSE:5444)

4.04%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.38%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1952 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Chow Sang Sang Holdings International

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

Overview: Chow Sang Sang Holdings International Limited is an investment holding company that manufactures and retails jewellery, with a market cap of HK$4.29 billion.

Operations: Chow Sang Sang Holdings International Limited generates revenue primarily from the retail of jewellery and watches (HK$22.65 billion), wholesale of precious metals (HK$1.14 billion), and trading of LGD (HK$9.33 million).

Dividend Yield: 8.5%

Chow Sang Sang Holdings International's dividend payments are covered by earnings and cash flows, with a payout ratio of 50.8% and a cash payout ratio of 19.8%. However, dividends have been volatile and unreliable over the past decade, experiencing significant drops. Despite this instability, the stock trades at good value compared to peers and offers a top-tier dividend yield in the Hong Kong market.

SEHK:116 Dividend History as at Dec 2024
SEHK:116 Dividend History as at Dec 2024

SPARX Group

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

Overview: SPARX Group Co., Ltd. is a publicly owned asset management holding company with a market cap of ¥60.74 billion.

Operations: SPARX Group Co., Ltd. generates revenue of ¥17.28 billion from its Investment Trust and Investment Advisory Business segment.

Dividend Yield: 4.3%

SPARX Group's dividends are well-supported by earnings and cash flows, with a payout ratio of 48% and a cash payout ratio of 52.8%. The company offers an attractive dividend yield of 4.31%, placing it in the top quarter among Japanese dividend payers. Dividends have been stable and growing over the past decade. Additionally, SPARX has recently completed a share buyback program to enhance shareholder returns, repurchasing shares worth ¥292.69 million.