Top Dividend Stocks To Consider In December 2024

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As global markets navigate a landscape of mixed economic signals and political developments, major U.S. stock indexes have shown varied performance, with growth stocks outpacing their value counterparts significantly. Amidst this backdrop, dividend stocks continue to attract investors seeking steady income streams and potential resilience against market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Wuliangye YibinLtd (SZSE:000858)

3.15%

★★★★★★

CAC Holdings (TSE:4725)

4.74%

★★★★★★

GakkyushaLtd (TSE:9769)

4.43%

★★★★★★

Yamato Kogyo (TSE:5444)

3.99%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.19%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.44%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.05%

★★★★★★

Nihon Parkerizing (TSE:4095)

4.05%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.35%

★★★★★★

DoshishaLtd (TSE:7483)

3.75%

★★★★★☆

Click here to see the full list of 1931 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

CJ

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

Overview: CJ Corporation operates globally in the food and food services, bio, logistics and retail, and entertainment and media sectors, with a market cap of ₩3.04 trillion.

Operations: CJ Corporation's revenue segments include Food and Food Services at ₩16.62 billion, Logistics & New Distribution at ₩18.74 billion, Bio at ₩9.76 billion, and Entertainment & Media at ₩5.49 billion.

Dividend Yield: 3%

CJ Corporation's dividend payments have been stable and growing over the past decade, though the high payout ratio of 112.2% suggests they are not well covered by earnings. Despite a low dividend yield of 3.04%, which is below market top-tier payers, dividends are supported by a low cash payout ratio of 4.4%. Recent financial results show increased sales but a net loss in Q3 2024, highlighting potential challenges for future payouts amidst its high debt levels.

KOSE:A001040 Dividend History as at Dec 2024
KOSE:A001040 Dividend History as at Dec 2024

Yondenko

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

Overview: Yondenko Corporation operates in Japan, focusing on electrical and electrical power transmission and distribution facilities construction, with a market cap of ¥70.78 billion.

Operations: Yondenko Corporation's revenue is primarily derived from its Facility Construction Segment, which accounts for ¥95.54 billion, supplemented by its Solar Power Generation Business contributing ¥2.19 billion and Lease Segment adding ¥2.81 billion.

Dividend Yield: 3.9%