3 High Yield Dividend Stocks On The Japanese Exchange With Yields Starting At 3%

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Amid a challenging week for Japan's stock markets, with significant losses noted across major indices and pressure on technology stocks, investors may find solace in the relative stability and potential income offered by high-yield dividend stocks. In such turbulent times, these stocks can be appealing due to their potential to provide steady income streams against a backdrop of market volatility and economic uncertainty.

Top 10 Dividend Stocks In Japan

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

3.87%

★★★★★★

Yamato Kogyo (TSE:5444)

3.79%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

3.57%

★★★★★★

Globeride (TSE:7990)

3.81%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.46%

★★★★★★

KurimotoLtd (TSE:5602)

4.34%

★★★★★★

GakkyushaLtd (TSE:9769)

4.16%

★★★★★★

E J Holdings (TSE:2153)

3.64%

★★★★★★

DoshishaLtd (TSE:7483)

3.59%

★★★★★★

Innotech (TSE:9880)

4.26%

★★★★★★

Click here to see the full list of 407 stocks from our Top Japanese Dividend Stocks screener.

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

Ai Holdings

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

Overview: Ai Holdings Corporation specializes in providing security and peripheral computer equipment, measuring devices, and card and other office equipment, with a market capitalization of approximately ¥118.40 billion.

Operations: Ai Holdings Corporation generates its revenue primarily from the sale of security systems, peripheral computer hardware, measurement instruments, and office machinery.

Dividend Yield: 3.6%

Ai Holdings maintains a steady dividend yield of 3.6%, positioned in the top 25% of Japanese dividend payers. The company's dividends are reliably backed by earnings with a low payout ratio of 15.6% and a cash payout ratio of 75.6%, indicating sound coverage from both profits and cash flows. Despite this robust dividend framework, earnings are projected to decline by an average of 21.1% annually over the next three years, suggesting potential challenges ahead in maintaining its dividend growth, which has been consistent over the past decade. Recent corporate guidance forecasts a significant increase in net sales and profits for FY ending June 2024, with expected net sales reaching JPY 53 billion and profit attributable to owners at JPY 15.60 billion.

TSE:3076 Dividend History as at Jul 2024
TSE:3076 Dividend History as at Jul 2024

Chori

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

Overview: Chori Co., Ltd. operates in textiles, chemicals, and machinery sectors across China and globally, with a market capitalization of approximately ¥94.25 billion.