Discover November 2024’s Leading Dividend Stocks

Nov 29, 2024
discover-november-2024’s-leading-dividend-stocks

As global markets navigate a landscape of mixed economic signals, including record highs in U.S. indexes and geopolitical tensions, investors are keenly observing the Federal Reserve’s upcoming decisions on interest rates. Amidst this backdrop, dividend stocks remain an attractive option for those seeking steady income streams and potential capital appreciation. In light of current market conditions, identifying robust dividend stocks involves assessing companies with strong fundamentals and consistent payout histories that can weather economic uncertainties.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.98%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.31%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.60%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.40%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.93%

★★★★★★

E J Holdings (TSE:2153)

3.89%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.45%

★★★★★★

Click here to see the full list of 1963 stocks from our Top Dividend Stocks screener.

We’re going to check out a few of the best picks from our screener tool.

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

Overview: Whirlpool China Co., Ltd. focuses on the research, development, procurement, production, and sale of kitchen appliances both in China and internationally, with a market cap of CN¥7.20 billion.

Operations: The company’s revenue primarily comes from the manufacture and sale of consumer electrical appliances, amounting to CN¥3.56 billion.

Dividend Yield: 8.4%

Whirlpool China’s dividend yield of 8.39% is among the top 25% in the Chinese market, but its sustainability is questionable due to a high cash payout ratio of 306.5%, indicating dividends are not well covered by free cash flows. Despite a reasonable payout ratio of 50.6%, earnings growth remains modest at 2.3%. Dividend payments have been volatile and unreliable over the past decade, with significant fluctuations impacting their stability and reliability for investors seeking consistent returns.

SHSE:600983 Dividend History as at Nov 2024

SHSE:600983 Dividend History as at Nov 2024

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

Overview: Li Ming Development Construction Co., Ltd. (TPEX:6212) operates in the construction industry with a market cap of NT$5.99 billion.

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