3 Reliable Dividend Stocks Yielding Up To 7.4%

Amid rising U.S. Treasury yields and a cautious economic outlook, global markets have seen mixed performances, with large-cap and growth stocks showing resilience compared to their smaller counterparts. In such an environment, dividend stocks can offer a degree of stability and income potential for investors seeking reliable returns.

Click here to see the full list of 2013 stocks from our Top Dividend Stocks screener.

Let’s uncover some gems from our specialized screener.

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

Overview: FIYTA Precision Technology Co., Ltd. operates in the research, design, manufacture, sale, and service of watches under various brands in China with a market capitalization of CN¥4.03 billion.

Operations: FIYTA Precision Technology Co., Ltd. generates revenue through its involvement in the development, production, and retailing of watches under brands such as FIYTA, MOONYANG, JONAS&VERUS, Emile Chooriet, Beijing, and Jeep within China.

Dividend Yield: 3.7%

FIYTA Precision Technology’s dividend yield of 3.69% ranks in the top 25% of CN market payers, supported by a low cash payout ratio of 43%, indicating strong coverage by cash flows. However, its dividend history is volatile and has been unreliable over the past decade, with significant annual drops. Despite this instability, dividends are covered by earnings with a payout ratio of 61.9%. Recent earnings show declining revenue and net income, which may impact future payouts.

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

Overview: Telsys Ltd. is engaged in the marketing and distribution of electronic components in Israel with a market cap of ₪1.63 billion.

Operations: Telsys Ltd.’s revenue is derived from the SOM Sector, contributing ₪335.90 million, and Distribution, adding ₪144.62 million.

Dividend Yield: 7.4%

Telsys offers a compelling dividend yield of 7.41%, placing it in the top 25% of IL market payers. Its dividends are well-covered by earnings with a payout ratio of 32.1% and supported by cash flows, despite a higher cash payout ratio of 78.1%. However, its dividend history is relatively short at six years, and recent earnings show declines in sales and net income, which could affect future stability. Additionally, Telsys was recently added to the S&P Global BMI Index.

Story Continues

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

Overview: Mirai Industry Co., Ltd. manufactures and sells electrical and pipe materials, as well as wiring devices in Japan, with a market cap of ¥57.99 billion.

Operations: Mirai Industry Co., Ltd.’s revenue primarily comes from Electrical Materials and Pipe Materials, contributing ¥34.80 billion, and Wiring Accessories, accounting for ¥7.08 billion.

Dividend Yield: 3.6%

Mirai Industry Ltd. presents a mixed dividend profile with payments covered by earnings (46.3% payout ratio) and cash flows (47.4% cash payout ratio), yet its dividends have been unreliable over the past decade. Despite a recent 40.2% earnings growth, the company forecasts declining profits, impacting dividend sustainability as evidenced by reducing year-end dividends from ¥100 to ¥80 per share for March 2025. Current dividend yield is below top-tier JP market averages at 3.59%.

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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 SZSE:000026 TASE:TLSY and TSE:7931.

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