3 High-Yield Dividend Stocks Yielding Up To 9.9%

Operations: Tower Limited’s revenue primarily comes from its operations in New Zealand, contributing NZ$535.53 million, and the Pacific Islands, adding NZ$43.33 million.

Dividend Yield: 10%

Tower Limited’s dividend yield ranks in the top 25% of New Zealand payers, with a payout ratio of 50.9%, indicating dividends are well-covered by earnings and cash flows. Despite this coverage, its dividend history has been volatile and unreliable over the past decade. The recent earnings surge to NZ$74.29 million from a loss last year supports current payouts, but executive changes could impact future stability as Tower navigates leadership transitions.

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

Overview: China Unicom (Hong Kong) Limited is an investment holding company that offers telecommunications and related value-added services in the People’s Republic of China, with a market capitalization of HK$223.06 billion.

Operations: The company generates revenue from its Wireless Communications Services segment, amounting to CN¥381.03 billion.

Dividend Yield: 5.5%

China Unicom’s dividend payments are covered by earnings and cash flows, with payout ratios of 56.9% and 75.9%, respectively. However, the dividends have been unreliable and volatile over the past decade despite recent growth in earnings by 11.9%. The stock trades at a significant discount to its estimated fair value but offers a lower yield (5.54%) compared to top-tier Hong Kong dividend payers (8.03%). Recent operational metrics highlight robust subscriber growth across various services.

• Explore the 1972 names from our Top Dividend Stocks screener here.

• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.

• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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 BME:A3M NZSE:TWR and SEHK:762.

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