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Dividend Stocks To Consider In November 2024

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As global markets navigate the uncertainties surrounding the incoming Trump administration and fluctuating interest rates, investors are keenly observing sector performances and economic indicators. Amidst this backdrop, dividend stocks present a compelling option for those seeking steady income streams, as they often offer resilience in volatile markets due to their regular payout structures and potential for capital appreciation.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.21%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.97%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.12%

★★★★★★

CAC Holdings (TSE:4725)

4.63%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.18%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.79%

★★★★★★

GakkyushaLtd (TSE:9769)

4.48%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.80%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.44%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.51%

★★★★★★

Click here to see the full list of 1969 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

SIMONA

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

Overview: SIMONA Aktiengesellschaft is a company that develops, manufactures, and markets a variety of semi-finished thermoplastics, pipes, fittings, and profiles globally and has a market capitalization of €339 million.

Operations: SIMONA's revenue primarily comes from its segment focused on semi-finished plastics, pipes, fittings, and finished parts, generating €578.85 million.

Dividend Yield: 3.1%

SIMONA's dividend payments are well-covered, with a payout ratio of 35.7% and a cash payout ratio of 35%, indicating sustainability from both earnings and cash flows. However, the dividend yield is relatively low at 3.14% compared to top German payers, and the track record has been volatile over the past decade despite some growth in dividends. Trading significantly below its estimated fair value, SIMONA offers potential value but presents reliability concerns for consistent income seekers.

DB:SIM0 Dividend History as at Nov 2024
DB:SIM0 Dividend History as at Nov 2024

Hyundai G.F. Holdings

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

Overview: Hyundai G.F. Holdings Co., Ltd. operates in the rental and investment sectors, with a market capitalization of approximately ₩732.75 billion.

Operations: Hyundai G.F. Holdings Co., Ltd.'s revenue segments focus on rental and investment activities.

Dividend Yield: 4.3%

Hyundai G.F. Holdings' dividends are well-supported by a low payout ratio of 1.8% and a cash payout ratio of 27.2%, ensuring sustainability from earnings and cash flows. Despite being in the top 25% for dividend yield in Korea at 4.26%, its dividend history is less stable, with volatility over nine years of payments. The stock trades significantly below estimated fair value, suggesting potential value but raising concerns about income reliability due to its unstable track record.