3 Dividend Stocks To Consider With Up To 4.5% Yield

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In a week marked by cautious Federal Reserve commentary and political uncertainty, global markets experienced notable declines, with U.S. stocks facing broad-based losses despite a late-week rally. As investors navigate these turbulent times, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those seeking consistent returns amidst fluctuating market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.30%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.98%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.23%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.28%

★★★★★★

CAC Holdings (TSE:4725)

4.78%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.56%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.53%

★★★★★★

GakkyushaLtd (TSE:9769)

4.34%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

6.05%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.74%

★★★★★★

Click here to see the full list of 1956 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

NIPPON PARKING DEVELOPMENTLtd

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

Overview: NIPPON PARKING DEVELOPMENT Co., Ltd. offers consulting services for parking lots both in Japan and internationally, with a market capitalization of ¥68.62 billion.

Operations: NIPPON PARKING DEVELOPMENT Co., Ltd.'s revenue is primarily derived from its Parking Lot Business at ¥17.48 billion, followed by the Ski Resort Business at ¥8.59 billion and the Theme Park Business at ¥7.04 billion.

Dividend Yield: 3.3%

NIPPON PARKING DEVELOPMENT Ltd. offers a dividend yield of 3.26%, which is below the top quartile in Japan, yet it has maintained stable and reliable dividend payments over the past decade with consistent growth. Despite a low payout ratio of 34.2%, indicating earnings coverage, its high cash payout ratio (344.3%) suggests dividends are not well covered by free cash flows, posing sustainability concerns for income-focused investors.

TSE:2353 Dividend History as at Dec 2024
TSE:2353 Dividend History as at Dec 2024

Tripod Technology

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

Overview: Tripod Technology Corporation processes, manufactures, and sells printed circuit boards and related components across several countries including Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internationally with a market cap of NT$104.07 billion.

Operations: Tripod Technology Corporation generates its revenue primarily from the Printed Circuit Board segment, which accounts for NT$63.31 billion.