3 Prominent Dividend Stocks Yielding Up To 9.1%

Dividend Yield: 9.2%

Xin Point Holdings provides a dividend yield of 9.2%, ranking it among the top 25% in Hong Kong. Despite a volatile seven-year dividend history, payments are backed by earnings and cash flows with payout ratios of 61.9% and 63.2%. The stock trades at a significant discount to its estimated fair value, suggesting potential for capital appreciation alongside dividends. However, investors should consider the instability in past payments when evaluating long-term income reliability.

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

Overview: Kian Shen Corporation manufactures and sells automobile parts in Taiwan, with a market cap of NT$4.46 billion.

Operations: The company’s revenue is primarily derived from its Manufacturing Segment, which amounts to NT$1.45 billion.

Dividend Yield: 5.3%

Kian Shen Corporation’s dividend yield of 5.31% places it among the top 25% of Taiwanese dividend payers, yet its sustainability is questionable due to coverage issues. The company’s payout ratio stands at 89.5%, indicating dividends are supported by earnings but not free cash flows, which are absent. Despite a decade-long increase in dividends, past payments have been volatile and unreliable, with recent earnings showing a decline in net income to TWD 200.25 million for nine months ending September 2024.

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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 SEHK:1277 SEHK:1571 and TWSE:1525.

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