A ranking of the top 10 large-cap high-dividend stocks with no dividend cuts for 10 consecutive periods, selected from stocks with dividend yields of 5% or more, has been published. Ariake Japan ranked first and Daisue Construction second, with all stocks maintaining yields above 5%.
Diamond Zai published its ranking of “large-cap high-dividend stocks,” listing the top 10 stocks in descending order of dividend yield from those with a market capitalisation of ¥30 billion or more that had no dividend cuts over the past 10 years, including 9 actual periods and the current-period forecast. The share price data and dividend yields are as of 3 July 2026.
Ariake Japan ranked first, with a dividend yield of 5.85%, and has raised its dividend for the past 6 consecutive periods. Its market capitalisation is ¥168.3 billion, minimum investment amount ¥510,000, equity ratio 88.3%, and payout ratio 100%. Its business consists of soups, seasonings and other products for commercial use.
Daisue Construction ranked second, with a dividend yield of 5.52%, and has raised its dividend for the past 6 consecutive periods. Its market capitalisation is ¥35.8 billion, minimum investment amount ¥340,000, equity ratio 42.3%, and payout ratio 50%. It is a long-established company engaged in a wide range of activities, centred on apartment construction. Ranked third and below are Yahagi Construction Industry, Gunze, DIP, VT Holdings, TS TECH, Komatsu Wall Industry, Sangetsu and Yotai.