3 Reliable Dividend Stocks Offering Yields Up To 6.5%

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As global markets show resilience with U.S. indexes approaching record highs and broad-based gains, investors are navigating a landscape marked by geopolitical tensions and evolving economic policies. In such an environment, dividend stocks can offer stability and income potential, making them appealing options for those seeking reliable returns amid market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.44%

★★★★★★

CAC Holdings (TSE:4725)

4.55%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.67%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.25%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.89%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.45%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.35%

★★★★★★

James Latham (AIM:LTHM)

6.10%

★★★★★★

DoshishaLtd (TSE:7483)

3.78%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.90%

★★★★★★

Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.

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

Samyang Holdings

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

Overview: Samyang Holdings Corporation, along with its subsidiaries, operates in the chemical, food, packaging, pharmaceutical, and various other sectors across South Korea and internationally, with a market cap of approximately ₩532.96 billion.

Operations: Samyang Holdings Corporation generates revenue through its operations in the chemical, food, packaging, and pharmaceutical sectors across South Korea and various international markets.

Dividend Yield: 5%

Samyang Holdings' dividend payments are well-supported by cash flows, with a cash payout ratio of 27.3% and an earnings payout ratio of 65.2%. Its dividend yield is competitive in the Korean market, ranking in the top quartile. Despite recent profit margin declines and only five years of dividend history, dividends have been stable and growing with little volatility. The stock trades at a discount to its estimated fair value, suggesting potential value for investors.

KOSE:A000070 Dividend History as at Nov 2024
KOSE:A000070 Dividend History as at Nov 2024

BioGaia

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

Overview: BioGaia AB (publ) is a healthcare company that offers probiotic products globally, with a market cap of SEK10.66 billion.

Operations: BioGaia AB generates revenue through its key segments, Pediatrics and Adult Health, with SEK1.04 billion from Pediatrics and SEK306.08 million from Adult Health.

Dividend Yield: 6.5%

BioGaia's dividend yield is among the top 25% in Sweden, but its sustainability is questionable due to a high cash payout ratio of 191.2%, indicating dividends aren't well-covered by cash flows. Earnings cover the dividend with a reasonable payout ratio of 57%, yet payments have been unreliable and volatile over the past decade. Recent earnings show decreased net income for Q3, impacting overall financial stability and potentially affecting future dividend reliability.