3 Leading Dividend Stocks Yielding Up To 9% – MASHAHER

ISLAM GAMAL20 August 2024Last Update :
3 Leading Dividend Stocks Yielding Up To 9% – MASHAHER


As global markets continue to recover from recent volatility, investors are increasingly optimistic about the potential for a “soft landing” in the U.S. economy. With inflation showing signs of easing and retail sales surging, now might be an opportune time to consider dividend stocks that offer both stability and attractive yields. In this favorable market environment, good dividend stocks stand out for their ability to provide consistent income while also offering potential for capital appreciation. Here are three leading dividend stocks yielding up to 9% that could be worth your attention.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.00%

★★★★★★

Allianz (XTRA:ALV)

5.12%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.09%

★★★★★★

KurimotoLtd (TSE:5602)

4.92%

★★★★★★

Innotech (TSE:9880)

4.61%

★★★★★★

CAC Holdings (TSE:4725)

4.48%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.45%

★★★★★★

James Latham (AIM:LTHM)

5.88%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.63%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Click here to see the full list of 2069 stocks from our Top Dividend Stocks screener.

Let’s dive into some prime choices out of the screener.

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

Overview: AAPICO Hitech Public Company Limited manufactures and distributes automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal with a market cap of THB6.31 billion.

Operations: AAPICO Hitech Public Company Limited generates revenue primarily from the manufacture of auto parts (THB21.95 billion) and the sales of automobiles and provision of automobile repair services (THB9.67 billion).

Dividend Yield: 9.1%

AAPICO Hitech’s dividend payments have increased over the past 10 years but have been volatile. Despite a high dividend yield of 9.07%, the dividends are not well covered by free cash flows, with a cash payout ratio of 129.7%. The recent board meeting approved an interim dividend payment and amendments to the company’s dividend policy, despite declining net income and revenue in Q2 2024 compared to last year.

SET:AH Dividend History as at Aug 2024

SET:AH Dividend History as at Aug 2024

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

Overview: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) operates in the logistics technology sector and has a market cap of approximately CN¥3.90 billion.

Operations: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) generates its revenue from various segments within the logistics technology sector, with amounts reported in millions of CN¥.

Dividend Yield: 4.3%

New Trend International Logis-Tech Ltd. has a low payout ratio of 22.4%, ensuring dividend payments are well covered by earnings, and a cash payout ratio of 48.8% indicates solid coverage by cash flows. Despite having an attractive dividend yield in the top 25% of the CN market, its dividends have been unreliable and volatile over the past seven years. Recent earnings showed growth with net income rising to CNY 242.48 million for H1 2024 from CNY 214.83 million a year ago amidst significant ownership changes affecting control dynamics.

SZSE:300532 Dividend History as at Aug 2024SZSE:300532 Dividend History as at Aug 2024

SZSE:300532 Dividend History as at Aug 2024

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

Overview: Ai Holdings Corporation, with a market cap of ¥110.11 billion, offers security and peripheral computer equipment, measuring devices, and various office equipment including card systems.

Operations: Ai Holdings Corporation generates revenue from security and peripheral computer equipment, measuring devices, and office equipment including card systems.

Dividend Yield: 3.4%

Ai Holdings Corporation’s dividend payments are well-covered by earnings with a payout ratio of 15.6% and stable cash flow coverage at 75.6%. The company has consistently increased its dividends over the past decade, maintaining reliability without significant volatility. However, future earnings are forecast to decline by an average of 20.3% annually over the next three years, potentially impacting long-term dividend sustainability despite current stability and a modest yield of 3.38%.

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

TSE:3076 Dividend History as at Aug 2024

Taking Advantage

  • Access the full spectrum of 2069 Top Dividend Stocks by clicking on this link.

  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.

  • Simply Wall St is a revolutionary app designed for long-term stock investors, it’s free and covers every market in the world.

Want To Explore Some Alternatives?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SET:AH SZSE:300532 and TSE:3076.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]


Source Agencies

Leave a Comment

Your email address will not be published. Required fields are marked *


Comments Rules :

Breaking News