Daily Flux Report

3 Dividend Stocks Offering Up To 6.2% Yield For Your Portfolio


3 Dividend Stocks Offering Up To 6.2% Yield For Your Portfolio

In a week marked by cautious Federal Reserve commentary and political uncertainty, global markets experienced broad-based declines with U.S. stocks seeing significant volatility. Despite robust economic data, investor sentiment was rattled by concerns over future interest rate paths and potential government shutdowns, underscoring the importance of stability in investment choices. In such uncertain times, dividend stocks can offer a measure of reliability for investors seeking steady income streams amidst market fluctuations.

Click here to see the full list of 1953 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

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

Overview: Rojana Industrial Park Public Company Limited, with a market cap of THB12.53 billion, operates in Thailand through its subsidiaries by manufacturing and selling electricity from solar cell systems.

Operations: Rojana Industrial Park Public Company Limited generates revenue through its power plants (THB11.79 billion), real estate sold and related services (THB6.65 billion), water plants (THB726 million), and rental services (THB32 million).

Dividend Yield: 6.3%

Rojana Industrial Park's recent earnings show significant growth, with net income rising to THB 2.26 billion in Q3 2024 from THB 267.68 million a year ago. Despite its low payout ratio of 21.4% and cash payout ratio of 12.5%, indicating well-covered dividends, the dividend yield of 6.3% is below top-tier levels in Thailand and has been volatile over the past decade, raising concerns about reliability despite past increases in payments.

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

Overview: Thai Union Group Public Company Limited is involved in the production and distribution of frozen, chilled, and canned seafood both in Thailand and globally, with a market capitalization of approximately THB52.34 billion.

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