Dividend Stocks To Consider In November 2024

In This Article:

As global markets navigate a tumultuous week marked by mixed earnings reports and economic data, investors are keenly observing the performance of major indices, which have mostly ended lower. Amidst this backdrop, dividend stocks can offer a stable income stream and potential resilience against market volatility, making them an attractive consideration for those looking to balance growth with reliable returns.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.25%

★★★★★★

Mitsubishi Shokuhin (TSE:7451)

3.85%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

6.72%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.06%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.45%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.20%

★★★★★★

CAC Holdings (TSE:4725)

4.62%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.18%

★★★★★★

GakkyushaLtd (TSE:9769)

4.63%

★★★★★★

DoshishaLtd (TSE:7483)

3.83%

★★★★★★

Click here to see the full list of 2017 stocks from our Top Dividend Stocks screener.

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

What's Cooking Group/SA

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

Overview: What's Cooking Group NV/SA, along with its subsidiaries, is involved in the production and sale of meat products and ready meals, with a market capitalization of €204.18 million.

Operations: The company's revenue is derived from two main segments: Savoury, contributing €463.60 million, and Ready Meals, generating €384.84 million.

Dividend Yield: 3.9%

What's Cooking Group NV/SA demonstrates a reliable dividend history with stable and growing payments over the past decade. The company's payout ratio of 51.6% ensures dividends are well-covered by earnings, while a low cash payout ratio of 15.6% indicates strong cash flow support. Despite offering a modest yield of 3.89%, which is below the top tier in Belgium, its valuation appears attractive with a price-to-earnings ratio lower than industry averages, supported by significant recent earnings growth.

ENXTBR:WHATS Dividend History as at Nov 2024
ENXTBR:WHATS Dividend History as at Nov 2024

Zhejiang Expressway

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

Overview: Zhejiang Expressway Co., Ltd. is an investment holding company that constructs, operates, maintains, and manages roads in the People's Republic of China with a market cap of HK$32.73 billion.

Operations: Zhejiang Expressway Co., Ltd. generates its revenue primarily from the construction, operation, maintenance, and management of roads in the People’s Republic of China.