Top Dividend Stocks To Consider In December 2024

In This Article:

As global markets navigate a complex landscape marked by cautious Federal Reserve commentary and political uncertainty, investors are keenly observing the impact of interest rate adjustments and economic data on market indices. Amid these fluctuations, dividend stocks offer a potential avenue for stability and income, especially as they can provide regular returns in uncertain times.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.49%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.93%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

Yamato Kogyo (TSE:5444)

4.03%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.54%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.52%

★★★★★★

E J Holdings (TSE:2153)

3.85%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.96%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.71%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.22%

★★★★★★

Click here to see the full list of 1933 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Sumitomo Seika Chemicals Company

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

Overview: Sumitomo Seika Chemicals Company, Limited operates in the chemical industry, focusing on the production of functional chemicals and gases, with a market cap of ¥61.45 billion.

Operations: Sumitomo Seika Chemicals Company, Limited generates revenue from the production of functional chemicals and gases.

Dividend Yield: 4.2%

Sumitomo Seika Chemicals offers a dividend yield of 4.19%, placing it in the top 25% of JP market dividend payers, with stable and reliable payments over the past decade. However, dividends are not covered by free cash flows despite a low payout ratio of 20.1%. Recent share buybacks totaling ¥994.87 million aim to enhance shareholder returns and capital efficiency, while earnings grew by 19.8% last year, supporting its dividend strategy amidst ongoing financial commitments.

TSE:4008 Dividend History as at Dec 2024
TSE:4008 Dividend History as at Dec 2024

NPR-Riken

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

Overview: NPR-Riken Corporation, along with its subsidiaries, produces and markets automobile and marine engine parts both domestically in Japan and internationally, with a market cap of ¥68.52 billion.

Operations: NPR-Riken Corporation generates revenue from the manufacture and sale of automobile engine parts and marine engine parts in both domestic and international markets.