As global markets navigate a holiday-shortened week, U.S. stocks have shown moderate gains despite a dip in consumer confidence and mixed economic indicators. In this environment, dividend stocks can offer stability and potential income, making them an attractive option for investors looking to weather market fluctuations while benefiting from consistent returns.
Top 10 Dividend Stocks
Name
Dividend Yield
Dividend Rating
Tsubakimoto Chain (TSE:6371)
4.09%
★★★★★★
Wuliangye YibinLtd (SZSE:000858)
3.33%
★★★★★★
CAC Holdings (TSE:4725)
4.84%
★★★★★★
Guangxi LiuYao Group (SHSE:603368)
3.36%
★★★★★★
Padma Oil (DSE:PADMAOIL)
7.42%
★★★★★★
GakkyushaLtd (TSE:9769)
4.38%
★★★★★★
Nihon Parkerizing (TSE:4095)
3.83%
★★★★★★
China South Publishing & Media Group (SHSE:601098)
Overview: China Shenhua Energy Company Limited operates in the production and sale of coal and power, as well as providing railway, port, and shipping transportation services both within the People’s Republic of China and internationally, with a market cap of HK$860.42 billion.
Operations: China Shenhua Energy Company Limited's revenue segments include CN¥274.49 billion from coal, CN¥94.73 billion from power, CN¥42.65 billion from railway, CN¥6.90 billion from port operations, CN¥5.65 billion from coal chemical products, and CN¥4.98 billion from shipping services.
Dividend Yield: 7.2%
China Shenhua Energy's dividend is supported by a payout ratio of 77.7%, indicating coverage by earnings, and a cash payout ratio of 68%, suggesting sustainability through cash flows. However, the dividend track record has been volatile over the past decade, with instances of significant drops. Recent leadership changes may influence strategic directions affecting dividends, but current sales figures show steady coal production and power generation growth year-to-date compared to last year.
Overview: China Coal Energy Company Limited engages in the mining, production, processing, trading, and sale of coal both within the People's Republic of China and internationally, with a market cap of approximately HK$154.90 billion.
Operations: China Coal Energy Company Limited generates revenue through its operations in coal mining, production, processing, trading, and sales both domestically in China and on an international scale.
Dividend Yield: 5.1%
China Coal Energy's dividend is covered by earnings with a payout ratio of 52.4% and cash flows at 31.2%, indicating sustainability. However, its dividend history has been unstable over the past decade, with volatility in payments. The recent inclusion in the SSE 180 Index may enhance investor visibility, but the dividend yield of 5.06% remains lower than top-tier Hong Kong market payers (7.92%). Recent production growth in coal and chemicals supports operational stability amidst fluctuating sales volumes year-on-year.
Overview: Gloria Material Technology Corp. produces and sells alloy steel in Taiwan, the United States, China, and internationally with a market cap of NT$27.14 billion.
Operations: Gloria Material Technology Corp.'s revenue segments include contributions of NT$12.04 billion from Gloria Material Technology Corp., NT$1.11 billion from Jinyun Iron and Steel Co., LTD, and NT$1.27 billion from Ouying Enterprises Co., Limited.
Dividend Yield: 5.4%
Gloria Material Technology's dividend yield of 5.4% ranks among the top 25% in Taiwan but lacks coverage by free cash flows, indicating potential sustainability issues. Despite a low payout ratio of 48.7%, dividends have been volatile over the past decade, with significant fluctuations. Recent earnings growth of 31.2% is tempered by large one-off items and shareholder dilution in the past year, suggesting caution for dividend reliability despite trading below estimated fair value.
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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 SEHK:1088 SEHK:1898 and TPEX:5009.
