3 Dividend Stocks Yielding Over 3.3% To Boost Your Portfolio

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In the midst of global market fluctuations driven by political shifts and economic data, investors are seeking stability amidst uncertainty. With U.S. stocks experiencing a partial pullback from recent gains and interest rate expectations adjusting, dividend stocks offering yields over 3.3% present an appealing option for those looking to enhance portfolio resilience through regular income streams.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.21%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.97%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.12%

★★★★★★

CAC Holdings (TSE:4725)

4.63%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.18%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.79%

★★★★★★

GakkyushaLtd (TSE:9769)

4.48%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.80%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.44%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.51%

★★★★★★

Click here to see the full list of 1969 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Nippon Electric Glass

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

Overview: Nippon Electric Glass Co., Ltd. and its subsidiaries manufacture and sell specialty glass products and glass making machinery across Japan, China, South Korea, the United States, Europe, and other international markets with a market cap of ¥287.29 billion.

Operations: Nippon Electric Glass Co., Ltd.'s revenue primarily comes from its Glass Business, which generated ¥298.14 billion.

Dividend Yield: 3.8%

Nippon Electric Glass's dividend payout is supported by earnings with a 52.5% payout ratio, but its cash flow coverage is tighter at 81.6%. While dividends have grown over the past decade, they have been unreliable and volatile. The company recently raised its earnings guidance for 2024, expecting net sales of ¥310 billion and profit of ¥30 billion. Additionally, it completed a share buyback worth approximately ¥10 billion, which may impact future dividend stability positively or negatively.

TSE:5214 Dividend History as at Nov 2024
TSE:5214 Dividend History as at Nov 2024

Scroll

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

Overview: Scroll Corporation primarily operates in the mail-order and e-commerce sectors in Japan, with a market cap of ¥36.35 billion.

Operations: Scroll Corporation's revenue is primarily derived from its mail-order and e-commerce operations in Japan.

Dividend Yield: 4%

Scroll Corporation's dividend is well-covered by earnings and cash flows, with payout ratios of 15.2% and 26.1%, respectively. Despite a stable recent announcement of JPY 24 per share, the company's dividends have been volatile over the past decade. Trading significantly below estimated fair value, Scroll's dividends are in the top tier for yield in Japan but remain unreliable due to historical fluctuations. The company projects strong financials for fiscal year-end March 2025.