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3 Solid Dividend Stocks Yielding Up To 9.8%

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As global markets react to recent political developments and economic shifts, U.S. stocks have been buoyed by optimism surrounding potential trade deals and AI investments, reaching record highs. Amidst this backdrop of market enthusiasm, investors often turn to dividend stocks as a reliable source of income, especially in times of fluctuating growth expectations. A good dividend stock typically offers consistent payouts and stability, making it an attractive option for those looking to balance risk with steady returns in today's dynamic market environment.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.18%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

5.94%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.58%

★★★★★★

CAC Holdings (TSE:4725)

4.46%

★★★★★★

Yamato Kogyo (TSE:5444)

4.04%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.45%

★★★★★★

GakkyushaLtd (TSE:9769)

4.37%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.53%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.94%

★★★★★★

E J Holdings (TSE:2153)

3.96%

★★★★★★

Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Aichi Electric

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

Overview: Aichi Electric Co., Ltd., along with its subsidiaries, manufactures and sells electric power products both in Japan and internationally, with a market cap of ¥38.80 billion.

Operations: Aichi Electric Co., Ltd.'s revenue is primarily derived from its Rotating Machine segment, generating ¥65.97 billion, followed by the Power Equipment segment with ¥36.58 billion.

Dividend Yield: 3.9%

Aichi Electric's dividend yield of 3.87% is among the top 25% in the Japanese market but isn't fully covered by free cash flows, indicated by a high cash payout ratio of 142.3%. However, with a low payout ratio of 24.7%, dividends are well-covered by earnings and have been stable and growing over the past decade. Despite these strengths, potential investors should consider its current trading price at ¥1 billion below estimated fair value.

NSE:6623 Dividend History as at Jan 2025
NSE:6623 Dividend History as at Jan 2025

C&D International Investment Group

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

Overview: C&D International Investment Group Limited is an investment holding company involved in property development, real estate industry chain investment services, and industry investment activities across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of approximately HK$25.78 billion.