Dividend Stocks To Watch In November 2024
In This Article:
As global markets navigate the uncertainties surrounding the incoming Trump administration and fluctuating interest rate expectations, investors are keenly observing how these factors influence various sectors. Amidst this backdrop, dividend stocks continue to attract attention for their potential to provide steady income streams, making them a focal point for those seeking stability in an unpredictable economic environment.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.16% | ★★★★★★ |
| Globeride (TSE:7990) | 4.18% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.93% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.29% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.40% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.43% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 3.89% | ★★★★★★ |
| James Latham (AIM:LTHM) | 6.13% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.43% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.84% | ★★★★★★ |
Click here to see the full list of 1951 stocks from our Top Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
A.P. Møller - Mærsk
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: A.P. Møller - Mærsk A/S, along with its subsidiaries, operates in the ocean transport and logistics sector both in Denmark and globally, with a market capitalization of DKK181.75 billion.
Operations: A.P. Møller - Mærsk's revenue is primarily derived from its Ocean segment at $34.67 billion, Logistics & Services at $14.57 billion, and Terminals at $4.29 billion.
Dividend Yield: 4.3%
A.P. Møller - Mærsk's dividend situation presents a mixed picture. Despite the recent strong earnings report, with third-quarter net income rising to US$3.05 billion from US$521 million a year ago, the company's dividend payments have been volatile over the past decade and are considered unreliable. However, dividends are well-covered by earnings and cash flows, with payout ratios around 34%. The dividend yield of 4.35% is below top-tier Danish market payers, but its low price-to-earnings ratio of 7.3x suggests potential value for investors seeking both growth and income opportunities.
Maytronics
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Maytronics Ltd. develops, produces, markets, distributes, and provides technical support for swimming pool equipment globally, with a market cap of ₪1.14 billion.
Operations: Maytronics Ltd.'s revenue segments include Safety Products and Related Pool Products at ₪351.20 million, Manufacture of Robots for Cleaning Public Pools at ₪99.28 million, and Manufacture of Robots for Cleaning Private Pools at ₪1.25 billion.