Top Dividend Stocks To Consider In December 2024

In This Article:

As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are navigating a landscape shaped by domestic policy shifts and geopolitical developments. In this context of economic stability concerns and tariff discussions, dividend stocks can offer a reliable income stream, appealing to those seeking steady returns amidst market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

7.01%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.57%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.26%

★★★★★★

GakkyushaLtd (TSE:9769)

4.60%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.18%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.49%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.85%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.46%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.45%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.85%

★★★★★★

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

Let's explore several standout options from the results in the screener.

Anima Holding

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

Overview: Anima Holding S.p.A. is a publicly owned investment manager with a market cap of €1.99 billion.

Operations: Anima Holding S.p.A. generates its revenue primarily through its Asset Management segment, which accounts for €1.25 billion.

Dividend Yield: 3.9%

Anima Holding's dividend sustainability is supported by a low cash payout ratio of 19.9% and earnings coverage at 35.8%, indicating strong coverage by both cash flows and profits. However, its dividend track record has been volatile over the past decade, with inconsistent growth and occasional significant drops. Recent earnings show robust performance with net income rising to €172 million for the first nine months of 2024, but an impending acquisition by Banco BPM Vita S.p.A., valued at €1.49 billion, could impact future dividends depending on strategic shifts post-acquisition completion in mid-2025.

BIT:ANIM Dividend History as at Dec 2024
BIT:ANIM Dividend History as at Dec 2024

Pacific Basin Shipping

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

Overview: Pacific Basin Shipping Limited is an investment holding company that provides dry bulk shipping services globally, with a market cap of HK$9.73 billion.

Operations: Pacific Basin Shipping Limited generates revenue primarily from its dry bulk shipping services, amounting to $2.43 billion.