Dividend Stocks To Consider In November 2024

As global markets navigate through a period of broad-based gains and geopolitical uncertainties, U.S. indexes are approaching record highs, buoyed by positive labor market data and stabilizing economic indicators. In this context, dividend stocks present an attractive option for investors seeking steady income streams amid fluctuating market conditions. A good dividend stock typically combines a strong financial foundation with consistent payout histories, providing potential stability in uncertain times like these.

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

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

Overview: St. Galler Kantonalbank AG is a cantonal bank offering banking products and services to the local population and small to medium-sized enterprises in the Cantons of St. Gallen, with a market cap of CHF2.54 billion.

Operations: St. Galler Kantonalbank AG’s revenue segments focus on providing comprehensive banking products and services to individuals and SMEs in the St. Gallen region.

Dividend Yield: 4.5%

St. Galler Kantonalbank offers a high and reliable dividend yield of 4.47%, placing it in the top 25% of Swiss dividend payers. The bank’s dividends are well-covered by earnings with a current payout ratio of 57.1%, forecasted to improve to 52.1% in three years, indicating sustainability. Over the past decade, dividends have been stable and growing, enhancing their attractiveness for income-focused investors while trading at a significant discount to its estimated fair value.

• Take a closer look at St. Galler Kantonalbank’s potential here in our dividend report.

• The valuation report we’ve compiled suggests that St. Galler Kantonalbank’s current price could be quite moderate.

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

Overview: Taihei Dengyo Kaisha, Ltd. operates in the plant construction industry both in Japan and internationally, with a market capitalization of ¥100.95 billion.