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Top Dividend Stocks Including Korean Reinsurance For Income Growth

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As global markets grapple with the Federal Reserve's cautious outlook on interest rates and political uncertainties, investors are seeking stability amidst volatility. In such an environment, dividend stocks can offer a reliable income stream and potential for growth, providing a buffer against market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.25%

★★★★★★

CAC Holdings (TSE:4725)

4.78%

★★★★★★

Yamato Kogyo (TSE:5444)

4.09%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.25%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.53%

★★★★★★

GakkyushaLtd (TSE:9769)

4.40%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.76%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.26%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.22%

★★★★★★

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

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

Korean Reinsurance

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

Overview: Korean Reinsurance Company offers life and non-life reinsurance products both in Korea and internationally, with a market cap of ₩1.71 trillion.

Operations: Korean Reinsurance Company generates revenue from its reinsurance segment, amounting to ₩4.37 trillion.

Dividend Yield: 5.5%

Korean Reinsurance offers a stable and reliable dividend profile, with dividends well-covered by earnings (payout ratio: 28.1%) and cash flows (cash payout ratio: 6.5%). Despite recent shareholder dilution, the company trades at a significant discount to its estimated fair value. Recent earnings showed improvement in Q3 net income compared to last year, though nine-month figures were slightly down. A stock split was also announced for November 2024, potentially impacting future dividends per share calculations.

KOSE:A003690 Dividend History as at Dec 2024
KOSE:A003690 Dividend History as at Dec 2024

SITC International Holdings

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

Overview: SITC International Holdings Company Limited is a shipping logistics company that provides integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$52.72 billion.

Operations: SITC International Holdings generates revenue of $2.48 billion from its Container Shipping and Logistics segment.

Dividend Yield: 4.8%

SITC International Holdings' dividends are covered by both earnings (payout ratio: 72.2%) and cash flows (cash payout ratio: 76.5%), though they have been volatile over the past decade. The dividend yield is lower than top-tier payers in Hong Kong, but a special HK$0.4 dividend was recently declared. Despite recent profit margin declines, earnings are expected to grow annually by 6.35%, while board changes may impact future strategic directions.