Top Dividend Stocks To Consider In November 2024

In This Article:

As global markets react to the recent U.S. election results, with major indices like the S&P 500 and Nasdaq Composite reaching record highs, investors are closely watching how potential policy shifts might impact economic growth and inflation. In this dynamic environment, dividend stocks can offer a level of stability and income potential, making them an attractive option for those looking to balance growth with reliable returns amidst evolving market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.51%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.18%

★★★★★★

GakkyushaLtd (TSE:9769)

4.54%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.44%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.78%

★★★★★★

E J Holdings (TSE:2153)

3.86%

★★★★★★

James Latham (AIM:LTHM)

6.13%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.39%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.49%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.90%

★★★★★★

Click here to see the full list of 1939 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Rockwell Land

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

Overview: Rockwell Land Corporation is a property developer focusing on high-end and upper-mid markets primarily in Metro Manila, Philippines, with a market cap of ₱9.05 billion.

Operations: Rockwell Land Corporation generates revenue from its operations as a developer in the high-end and upper-mid property markets, mainly in Metro Manila, Philippines.

Dividend Yield: 6.9%

Rockwell Land's dividend yield of 6.88% ranks in the top 25% of Philippine market payers, but its sustainability is questionable due to a high cash payout ratio (213.6%). Despite a low payout ratio (18.2%) indicating coverage by earnings, dividends have been volatile over the past decade with significant annual drops. Recent earnings show growth in net income and revenue for nine months ending September 2024, yet free cash flow remains insufficient to cover dividends fully.

PSE:ROCK Dividend History as at Nov 2024
PSE:ROCK Dividend History as at Nov 2024

Rimoni Industries

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

Overview: Rimoni Industries Ltd. specializes in the design, engineering, and manufacturing of molds and precise injection molding and assemblies for various industries including medical, automotive, agricultural, high-tech, and consumer sectors in Israel with a market cap of ₪386.07 million.

Operations: Rimoni Industries Ltd. generates revenue from its segments, with Plastic Casting contributing ₪184.09 million and Patterns adding ₪16.33 million.