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3 Reliable Dividend Stocks Offering Up To 6.7% Yield

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As global markets navigate a mix of moderate gains and economic uncertainties, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In the current environment, characterized by fluctuating consumer confidence and mixed economic indicators, reliable dividend stocks can offer stability and attractive yields for those seeking consistent returns amidst market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Yamato Kogyo (TSE:5444)

4.04%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.38%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1952 stocks from our Top Dividend Stocks screener.

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

Pico Far East Holdings

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

Overview: Pico Far East Holdings Limited is an investment holding company involved in exhibition, event, and brand activation services, as well as visual branding and themed environments, with a market cap of approximately HK$2.23 billion.

Operations: Pico Far East Holdings Limited generates revenue from several segments, including Exhibition, Event and Brand Activation (HK$5.01 billion), Visual Branding Activation (HK$454.95 million), Meeting Architecture Activation (HK$162.78 million), and Museum and Themed Entertainment (HK$444.37 million).

Dividend Yield: 6.8%

Pico Far East Holdings' dividend payments have been volatile and unreliable over the past decade, despite recent growth in earnings by 63.5%. The company's dividends are well-covered by both earnings, with a payout ratio of 48.6%, and cash flows, at a cash payout ratio of 36.2%. Trading at 82.9% below its estimated fair value suggests potential for capital appreciation, but its dividend yield of 6.79% is lower than top-tier payers in Hong Kong (7.92%).

SEHK:752 Dividend History as at Dec 2024
SEHK:752 Dividend History as at Dec 2024

Japan Lifeline

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

Overview: Japan Lifeline Co., Ltd. is a medical device company that focuses on the development, production, importation, distribution, and trading of cardiovascular-related medical devices in Japan, with a market cap of ¥96.67 billion.