Top Dividend Stocks To Consider In December 2024

Dec 3, 2024
top-dividend-stocks-to-consider-in-december-2024

As global markets continue to experience gains, with indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are closely monitoring the impact of geopolitical developments and economic policy changes. Amidst this backdrop of robust market performance and potential tariff concerns, dividend stocks remain an attractive option for those seeking steady income streams. A good dividend stock typically offers a reliable payout history and resilience in uncertain times, aligning well with current market dynamics.

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.56%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

CAC Holdings (TSE:4725)

4.57%

★★★★★★

Yamato Kogyo (TSE:5444)

3.88%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.64%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.43%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.88%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.85%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.48%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.91%

★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

Let’s explore several standout options from the results in the screener.

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

Overview: Zhejiang Jianye Chemical Co., Ltd. is involved in the research, development, production, and sales of fine chemical products in China, with a market cap of CN¥3.16 billion.

Operations: Zhejiang Jianye Chemical Co., Ltd. generates its revenue from the research, development, production, and sales of fine chemical products in China.

Dividend Yield: 5.1%

Zhejiang Jianye Chemical’s dividend payments are well-supported by both earnings and cash flows, with payout ratios of 66% and 48.5%, respectively. Despite a top-tier dividend yield of 5.14%, the company’s short four-year history of paying dividends has been marked by volatility and unreliability, including annual drops exceeding 20%. Recent earnings show a decline in net income to CNY166.31 million from CNY240.05 million, potentially impacting future dividend stability.

SHSE:603948 Dividend History as at Dec 2024

SHSE:603948 Dividend History as at Dec 2024

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

Overview: JAC Recruitment Co., Ltd. operates as a recruitment consultancy business in Japan with a market cap of ¥113.22 billion.

Operations: JAC Recruitment Co., Ltd. generates its revenue primarily from the Domestic Recruitment Business at ¥33.46 billion and the Overseas Business at ¥3.74 billion, with an additional contribution from the Domestic Job Offer Advertising Business amounting to ¥390 million.

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