Dividend Stocks To Consider In December 2024

In This Article:

As global markets navigate a period of cautious optimism following the Fed's recent rate cut and ongoing political uncertainties, investors are closely watching how these factors impact market stability. In this environment, dividend stocks can offer a measure of resilience and income potential, making them an appealing consideration for those looking to balance risk with steady returns.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.38%

★★★★★★

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.

Let's explore several standout options from the results in the screener.

Xinyi Solar Holdings

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

Overview: Xinyi Solar Holdings Limited is an investment holding company that produces and sells solar glass products in the People's Republic of China and internationally, with a market cap of HK$28.69 billion.

Operations: Xinyi Solar Holdings Limited generates revenue primarily from the sales of solar glass, amounting to HK$24.04 billion, and from its solar farm business, including EPC services, which contributes HK$3.03 billion.

Dividend Yield: 8%

Xinyi Solar Holdings offers a dividend yield of 8.04%, placing it among the top 25% of dividend payers in Hong Kong. However, its dividends have been unreliable and volatile over the past decade, with payments not fully covered by free cash flows despite a low payout ratio of 46.8%. The company shows strong earnings growth, having increased by HK$43.9 billion last year, and trades slightly below its estimated fair value.

SEHK:968 Dividend History as at Dec 2024
SEHK:968 Dividend History as at Dec 2024

Sansiri

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

Overview: Sansiri Public Company Limited, with a market cap of THB30.43 billion, operates in Thailand's property development sector through its subsidiaries.

Operations: Sansiri's revenue primarily comes from Real Estate at THB35.79 billion, supplemented by Building Management, Project Management and Real Estate Brokerage at THB2.13 billion, and the Hotel Business contributing THB553 million.