3 Prominent Dividend Stocks Offering Up To 6.2% Yield

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As global markets navigate the challenges posed by rising U.S. Treasury yields and a cautious economic outlook, investors are increasingly seeking stability in dividend stocks. In such an environment, selecting stocks with strong dividend yields can be a prudent strategy for those looking to balance income generation with potential market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.30%

★★★★★★

Globeride (TSE:7990)

4.26%

★★★★★★

Intelligent Wave (TSE:4847)

3.97%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.14%

★★★★★★

Innotech (TSE:9880)

4.73%

★★★★★★

CAC Holdings (TSE:4725)

4.60%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.56%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

GakkyushaLtd (TSE:9769)

4.61%

★★★★★★

Click here to see the full list of 2030 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Abu Dhabi Commercial Bank PJSC

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

Overview: Abu Dhabi Commercial Bank PJSC, with a market cap of AED65.64 billion, operates in consumer banking, wholesale banking, and treasury and investment services both within the United Arab Emirates and internationally.

Operations: Abu Dhabi Commercial Bank PJSC generates revenue from several segments, including Retail Banking (AED4.69 billion), Property Management (AED745.08 million), Investments and Treasury (AED5.04 billion), and Corporate and Investment Banking (AED5.71 billion).

Dividend Yield: 6.2%

Abu Dhabi Commercial Bank PJSC offers a dividend yield of 6.24%, slightly below the top quartile in the AE market. Its dividends are well covered by earnings with a payout ratio of 46.9%, expected to remain sustainable at 48% in three years. However, its dividend history is volatile and unreliable over the past decade. Recent earnings show improved net income, indicating potential stability for future payouts despite high bad loan levels at 2.6%.

ADX:ADCB Dividend History as at Oct 2024
ADX:ADCB Dividend History as at Oct 2024

Oppein Home Group

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

Overview: Oppein Home Group Inc. is a cabinetry manufacturer operating in Asia with a market capitalization of CN¥40.92 billion.

Operations: Oppein Home Group Inc.'s revenue from its Building Products segment amounts to CN¥20.10 billion.

Dividend Yield: 4.1%

Oppein Home Group's dividend yield of 4.09% ranks in the top quartile of CN market payers, supported by a payout ratio of 61.1%. Despite this, its dividend history is unstable and volatile over six years, with payments not consistently growing. The company trades below estimated fair value and has completed a share buyback worth CNY 78.93 million. Recent earnings show declining sales and net income, raising concerns about future dividend reliability despite current coverage by cash flows at an 82.2% ratio.