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Top Dividend Stocks To Consider In December 2024

In This Article:

As global markets navigate a mix of rising stock indices and declining consumer confidence, investors are closely monitoring economic signals that could impact their portfolios. With major U.S. indexes experiencing moderate gains despite fluctuating consumer sentiment, dividend stocks present an appealing option for those seeking stability and income in uncertain times. A good dividend stock often combines consistent payouts with solid financial health, offering potential resilience amid varying market conditions.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

5.02%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.31%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.61%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.68%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

6.08%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.82%

★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Carpenter Tan Holdings

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

Overview: Carpenter Tan Holdings Limited is an investment holding company that designs, manufactures, and distributes wooden handicrafts and accessories under the Carpenter Tan brand, with a market cap of HK$1.46 billion.

Operations: The company's revenue segment includes the manufacture and sales of wooden handicrafts and accessories, totaling CN¥506 million.

Dividend Yield: 6.3%

Carpenter Tan Holdings offers a mixed dividend profile. Its Price-To-Earnings ratio of 7.8x suggests it may be undervalued compared to the Hong Kong market average of 10x. Despite a robust earnings growth of 20.6% over the past year and dividends being covered by earnings (49.4% payout ratio), its dividend yield at 6.34% is below top-tier payers in Hong Kong, and historical payments have been volatile, though covered by cash flows (89.5%).

SEHK:837 Dividend History as at Dec 2024
SEHK:837 Dividend History as at Dec 2024

Beijing Sifang AutomationLtd

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

Overview: Beijing Sifang Automation Co., Ltd provides power transmission, transformation protection, automation systems, and related services both in China and internationally, with a market cap of CN¥14.22 billion.

Operations: Beijing Sifang Automation Co., Ltd generates revenue through its offerings in power transmission, transformation protection, automation systems, power generation, enterprise power solutions, and power distribution and consumption systems across domestic and international markets.