Highlighting Three Dividend Stocks For November 2024

In This Article:

As global markets navigate a complex landscape marked by cautious earnings reports and mixed economic signals, investors are keenly observing the performance of various indices. Despite recent volatility, particularly in growth stocks and large-cap sectors, there remains interest in stable investment opportunities like dividend stocks, which can offer consistent returns even amidst uncertainty. In light of these conditions, identifying dividend stocks with strong fundamentals and reliable payout histories becomes crucial for those seeking to bolster their portfolios against market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.31%

★★★★★★

Mitsubishi Shokuhin (TSE:7451)

3.86%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.29%

★★★★★★

Globeride (TSE:7990)

4.12%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.96%

★★★★★★

Innotech (TSE:9880)

4.86%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.22%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.57%

★★★★★★

GakkyushaLtd (TSE:9769)

4.59%

★★★★★★

KurimotoLtd (TSE:5602)

5.10%

★★★★★★

Click here to see the full list of 2030 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Banco de Sabadell

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

Overview: Banco de Sabadell, S.A. offers a range of banking products and services to personal, business, and private clients both in Spain and internationally, with a market cap of €10.07 billion.

Operations: Banco de Sabadell generates revenue from its banking operations across different regions, with €3.95 billion from Spain (including real estate asset transformation), €1.19 billion from the UK, and €186 million from Mexico.

Dividend Yield: 4.3%

Banco de Sabadell's dividend payments have been volatile over the past decade, though they have increased. With a payout ratio of 39.6%, dividends are currently well-covered by earnings and forecasted to remain so in three years at 60.9%. However, the dividend yield of 4.29% is below the top tier in Spain. Despite recent earnings growth, with net income rising to €503 million for Q3 2024, high bad loans (3%) pose potential risks.

BME:SAB Dividend History as at Nov 2024
BME:SAB Dividend History as at Nov 2024

Emirates NBD Bank PJSC

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

Overview: Emirates NBD Bank PJSC, along with its subsidiaries, offers a range of corporate, institutional, retail, treasury, and Islamic banking services and has a market cap of AED124.12 billion.

Operations: Emirates NBD Bank PJSC generates revenue through its diverse offerings in corporate, institutional, retail, treasury, and Islamic banking services.