November 2024's Top Dividend Stocks To Consider
In This Article:
As global markets react to the recent U.S. election results, major indices like the S&P 500 and Nasdaq Composite have reached record highs, driven by investor optimism around potential economic growth and tax reforms. In this climate of market enthusiasm, dividend stocks can offer a compelling blend of income and stability; they are particularly attractive for investors seeking reliable returns amidst fluctuating economic policies and inflationary pressures.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.18% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.25% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 6.69% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.54% | ★★★★★★ |
| China South Publishing & Media Group (SHSE:601098) | 4.40% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.45% | ★★★★★★ |
| Business Brain Showa-Ota (TSE:9658) | 3.89% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.53% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.86% | ★★★★★★ |
| DoshishaLtd (TSE:7483) | 3.86% | ★★★★★★ |
Click here to see the full list of 1951 stocks from our Top Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Wilh. Wilhelmsen Holding
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Wilh. Wilhelmsen Holding ASA is a global provider of maritime products and services with a market cap of NOK18.06 billion.
Operations: Wilh. Wilhelmsen Holding ASA's revenue is comprised of $293 million from New Energy, $815 million from Maritime Services, and $16 million from Strategic Holdings & Investments.
Dividend Yield: 4.2%
Wilh. Wilhelmsen Holding ASA recently announced a NOK 8.00 per share dividend, reflecting an increase, with payments due on November 20, 2024. The company's dividends are well-covered by earnings with a low payout ratio of 16% and cash flows at 60.7%. Despite past volatility in dividend payments, the company has shown growth over the last decade. Recent buybacks and inclusion in the S&P Global BMI Index may bolster investor confidence despite lower-than-top-tier yield levels in Norway.
Solid Försäkringsaktiebolag
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Solid Försäkringsaktiebolag (OM:SFAB) offers non-life insurance services to private and business customers across Sweden, Denmark, Norway, Finland, Germany, Switzerland, and other international markets with a market cap of SEK1.54 billion.
Operations: Solid Försäkringsaktiebolag's revenue segments include SEK311.85 million from Product, SEK371.42 million from Assistance, and SEK441.04 million from Personal Safety services.