Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Top Dividend Stocks To Consider In November 2024

In This Article:

As global markets navigate a busy earnings season and mixed economic signals, investors are keenly observing fluctuations in major indices and the impact of geopolitical events on market stability. With growth stocks lagging behind value shares amid cautious earnings reports, dividend stocks offer a potential avenue for those seeking steady income streams in uncertain times. A good dividend stock typically combines reliable payouts with strong fundamentals, making it an attractive option when market volatility is high.

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.

We're going to check out a few of the best picks from our screener tool.

Monex Group

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

Overview: Monex Group, Inc. is an online financial institution offering retail online brokerage services in Japan, the United States, China, and Australia with a market cap of ¥181.66 billion.

Operations: Monex Group's revenue segments include retail online brokerage services across Japan, the United States, China, and Australia.

Dividend Yield: 4.3%

Monex Group's dividend yield is in the top 25% of JP market payers, supported by a reasonable payout ratio of 52.4% and cash flow coverage at 56.7%. Despite past volatility, recent increases and a special dividend reflect positive shareholder returns. Trading at a lower P/E ratio than the market suggests relative value, though earnings are forecast to decline by an average of 8.9% annually over the next three years, potentially impacting future dividends.

TSE:8698 Dividend History as at Nov 2024
TSE:8698 Dividend History as at Nov 2024

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

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

Overview: Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna offers a range of banking products and services both in Poland and internationally, with a market cap of PLN72.45 billion.

Operations: The company's revenue segments include the Retail Segment generating PLN14.63 billion and the Corporate and Investment Segment contributing PLN8.03 billion.