As global markets continue to reach new heights, with major indices like the Dow Jones Industrial Average and S&P 500 hitting record intraday highs, investors are keenly observing the impact of geopolitical factors and domestic policies on market sentiment. Amidst this backdrop of economic fluctuations and robust trading activity, dividend stocks present an attractive option for those seeking steady income streams; these stocks can offer stability in a volatile market by providing regular payouts alongside potential capital appreciation.
Overview: Shanxi Coal International Energy Group Co., Ltd operates in the coal production industry both within China and internationally, with a market capitalization of approximately CN¥24.60 billion.
Operations: Shanxi Coal International Energy Group Co., Ltd generates its revenue primarily from its coal production activities in China and abroad.
Dividend Yield: 5.1%
Shanxi Coal International Energy Group Ltd. offers a dividend yield of 5.13%, placing it in the top 25% of CN market payers. Despite an increase over the past decade, dividends have been volatile, with annual drops exceeding 20%. However, dividends are covered by earnings (payout ratio: 55%) and cash flows (cash payout ratio: 51.7%). Recent earnings reveal a decline in sales to ¥21.96 billion and net income to ¥2.08 billion, impacting its financial stability for consistent payouts.
Overview: Mitsui DM Sugar Holdings Co., Ltd. manufactures and sells sugar and food materials in Japan, with a market cap of ¥102.97 billion.
Operations: Mitsui DM Sugar Holdings Co., Ltd. generates revenue through its segments: Sugar (¥146.51 billion), Life Energy Business (¥26.10 billion), and Real Estate Business (¥3.24 billion).
Dividend Yield: 3.9%
Mitsui DM Sugar Holdings' dividend yield of 3.95% ranks in the top 25% of JP market payers, with dividends covered by earnings (payout ratio: 55.5%) and cash flows (cash payout ratio: 29.7%). Despite past volatility, recent increases are evident, with a second-quarter dividend raised to ¥65 per share from ¥60 last year. The company's latest guidance anticipates net sales of ¥180 billion and profit attributable to owners at ¥7 billion for fiscal year ending March 2025.
Overview: Chubu Steel Plate Co., Ltd., along with its subsidiaries, manufactures and sells steel plates in Japan and has a market capitalization of approximately ¥58.88 billion.
Operations: Chubu Steel Plate Co., Ltd.'s revenue segments are not specified in the provided text.
Dividend Yield: 4.5%
Chubu Steel Plate's dividend yield of 4.53% is among the top 25% in Japan, supported by a low payout ratio of 25.2%, indicating strong coverage by earnings and cash flows. Despite historical volatility, dividends have grown over the past decade. Recent half-year results showed sales of ¥30.53 billion and net income of ¥2.50 billion, reflecting solid financial performance that supports dividend sustainability amid an unstable track record in reliability.
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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 SHSE:600546 TSE:2109 and TSE:5461.
