December 2024's Best Dividend Stocks For Your Portfolio

In This Article:

As global markets continue to reach record highs, with indices like the Dow Jones Industrial Average and S&P 500 Index climbing steadily, investors are navigating a landscape shaped by geopolitical developments and domestic policy shifts. Amidst this backdrop, dividend stocks remain an attractive option for those seeking steady income streams, particularly as economic stability becomes a focal point under new leadership in the U.S. A good dividend stock typically combines consistent payout history with robust financial health, making it a potential cornerstone for portfolios aiming to balance growth with reliable returns in today's dynamic market environment.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

7.03%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.53%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.20%

★★★★★★

GakkyushaLtd (TSE:9769)

4.62%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.38%

★★★★★★

E J Holdings (TSE:2153)

3.89%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.44%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.44%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.17%

★★★★★☆

Click here to see the full list of 1975 stocks from our Top Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Grupo Profuturo. de

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

Overview: Grupo Profuturo, S.A.B. de C.V. manages retirement funds for workers affiliated with the IMSS and ISSSTE in Mexico, with a market cap of MX$26.51 billion.

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Dividend Yield: 6.7%

Grupo Profuturo's recent earnings report shows a net income of MXN 2.48 billion, up from MXN 1.62 billion last year, with earnings per share increasing from MXN 6 to MXN 9. Despite this growth, its dividend yield of 6.67% is below the top quartile in the Mexican market and has been unreliable and volatile over the past decade. However, dividends are covered by both earnings and cash flows with payout ratios around 78-80%.

BMV:GPROFUT * Dividend History as at Dec 2024
BMV:GPROFUT * Dividend History as at Dec 2024

Pingdingshan Tianan Coal. Mining

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

Overview: Pingdingshan Tianan Coal Mining Co., Ltd. is involved in coal mining operations and has a market cap of approximately CN¥25.98 billion.