3 Reliable Dividend Stocks To Consider With Up To 3.9% Yield

As the market continues to navigate volatile conditions, investors are increasingly seeking the stability and income provided by dividend stocks. With yields on many dividend stocks reaching attractive levels, now is an excellent time to consider adding these reliable options to your portfolio. Here are three dividend stocks with yields up to 3.9% that you may want to consider.



1. Beijing Haohua Energy Resource (SHSE:601101)
- Dividend Yield: 3.9%
- Dividend Safety Score: ★★★★★☆
- Overview: Beijing Haohua Energy Resource Co., Ltd. is involved in the mining, washing, processing, export, and sale of coal in China with a market cap of CN¥12.99 billion.
- Operations: The company generates revenue primarily through its activities in coal mining, washing, processing, and sales within China.
- Dividend History: Beijing Haohua Energy Resource reported strong earnings growth, with net income rising to CNY 1.12 billion for the first nine months of 2024. The company trades at a good value and its dividend yield is in the top tier of the CN market. While dividends are well covered by earnings and cash flows, past payments have been volatile and unreliable over a decade. However, recent increases suggest potential improvement in dividend stability.



2. Jilin Expressway (SHSE:601518)
- Dividend Yield: 3.1%
- Dividend Safety Score: ★★★★★☆
- Overview: Jilin Expressway Co., Ltd. operates in the investment, development, construction, operation, management, and maintenance of toll roads in Jilin Province and has a market cap of CN¥5.41 billion.
- Operations: The company generates revenue primarily from its subsidiaries' activities in toll road investment, development, construction, operation, management, and maintenance within Jilin Province.
- Dividend History: Jilin Expressway's recent earnings report shows stable net income of CNY 389.74 million for the first nine months of 2024, despite a decline in sales to CNY 869.02 million. The company trades below its estimated fair value and offers a dividend yield in the top 25% of the CN market, supported by low payout ratios from both earnings and cash flows. However, its dividend history is marked by volatility and unreliability over the past decade.

3. Fuyo General Lease (TSE:8424)
- Dividend Yield: 3.92%
- Dividend Safety Score: ★★★★★☆
- Overview: Fuyo General Lease Co., Ltd. operates in the leasing and installment sales sector both in Japan and internationally, with a market cap of ¥345.74 billion.
- Operations: The company generates revenue primarily through its Lease and Installment segment, which accounts for ¥622.97 billion, alongside a Financing segment contributing ¥40.82 billion.
- Dividend History: Fuyo General Lease's dividend yield of 3.92% ranks in the top 25% of JP market dividend payers, supported by a low payout ratio of 27.7%, indicating earnings cover dividends well. However, despite stable and growing dividends over the past decade, free cash flow does not cover these payments, raising sustainability concerns. The company trades at a significant discount to its estimated fair value but faces challenges with debt coverage from operating cash flow.



In conclusion, these three dividend stocks offer attractive yields and have shown strong earnings growth or stable net income. However, investors should carefully consider the volatility and unreliability of past dividend payments, as well as the sustainability of future dividends. By conducting thorough research and monitoring the financial performance of these companies, investors can make informed decisions about adding these dividend stocks to their portfolios.