Top Dividend Stocks To Consider In December 2024

Dec 23, 2024
top-dividend-stocks-to-consider-in-december-2024

As global markets navigate a period of cautious optimism marked by recent rate cuts from the Federal Reserve and political uncertainties, investors are keenly observing the broader economic landscape. Amidst this backdrop, dividend stocks present an attractive option for those seeking income stability and potential growth, especially in times of market volatility.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.96%

★★★★★★

CAC Holdings (TSE:4725)

4.81%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.53%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.87%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.28%

★★★★★★

E J Holdings (TSE:2153)

3.87%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

6.04%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.73%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.23%

★★★★★★

Click here to see the full list of 1968 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

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

Overview: Piquadro S.p.A. is an Italian company that designs, manufactures, sells, and markets leather accessories and travel products both domestically and internationally with a market cap of €96.82 million.

Operations: Piquadro S.p.A.’s revenue is primarily derived from its segments: Lancel (€69.18 million), Piquadro (€82.34 million), and The Bridge (€35.84 million).

Dividend Yield: 7.2%

Piquadro’s dividend payments have shown volatility over the past decade, yet they are currently well-covered by both earnings and cash flows, with payout ratios of 61.8% and 46.1%, respectively. Despite an unstable track record, dividends have grown over the last ten years. The company trades at a discount to its estimated fair value and offers a competitive yield of 7.24%, ranking in the top quartile of Italian dividend payers. Recent earnings growth supports sustainability prospects.

BIT:PQ Dividend History as at Dec 2024

BIT:PQ Dividend History as at Dec 2024

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

Overview: HIMACS, Ltd. operates in Japan, offering defined value processes for various system lifecycles, with a market cap of ¥16.02 billion.

Operations: HIMACS, Ltd. generates revenue through its Value Solution Services segment, amounting to ¥17.51 billion.

Dividend Yield: 3.2%

HIMACS offers a stable dividend, recently increasing to JPY 22.00 per share. Its dividends are well-covered by earnings and cash flows, with payout ratios of 40.6% and 46.3%, respectively. Although the yield of 3.18% is below Japan’s top quartile, the company’s consistent dividend growth over ten years enhances its appeal. Trading slightly below fair value, HIMACS projects strong financials with expected net sales of JPY 18.6 billion for fiscal year-end March 2025.

Leave a comment