Top Dividend Stocks To Consider In November 2024

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As global markets navigate a period marked by mixed earnings reports and fluctuating labor data, investors are witnessing a week of volatility with major indices like the Nasdaq Composite and S&P MidCap 400 experiencing highs followed by sharp declines. Amidst these dynamic conditions, dividend stocks continue to attract attention for their potential to provide steady income streams, offering a measure of stability in an otherwise uncertain economic landscape.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.18%

★★★★★★

Mitsubishi Shokuhin (TSE:7451)

3.82%

★★★★★★

Globeride (TSE:7990)

4.11%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.19%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.52%

★★★★★★

Kwong Lung Enterprise (TPEX:8916)

6.35%

★★★★★★

GakkyushaLtd (TSE:9769)

4.62%

★★★★★★

KurimotoLtd (TSE:5602)

4.99%

★★★★★★

Click here to see the full list of 1960 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Grupo Financiero Banorte. de

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

Overview: Grupo Financiero Banorte, S.A.B. de C.V. operates through its subsidiaries to provide banking and financial products and services in Mexico and internationally, with a market cap of MX$408.61 billion.

Operations: Grupo Financiero Banorte, S.A.B. de C.V., primarily generates revenue through its subsidiaries by offering a range of banking and financial services in Mexico and international markets.

Dividend Yield: 3.5%

Grupo Financiero Banorte's dividend payments have been volatile over the past decade, though they are currently well-covered by earnings with a payout ratio of 27%. Despite trading at 17.4% below estimated fair value, its dividend yield of 3.49% is lower than the top quartile in Mexico. Recent earnings show growth, with net interest income rising to MX$102.72 billion and net income increasing to MX$42.46 billion for nine months ending September 2024. Additionally, a share repurchase program up to MX$32.34 billion is underway until April 2025, potentially impacting future dividends and stock valuation positively.

BMV:GFNORTE O Dividend History as at Nov 2024
BMV:GFNORTE O Dividend History as at Nov 2024

Warom Technology

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

Overview: Warom Technology Incorporated Company manufactures and supplies explosion-proof electrical appliances and related products both in China and internationally, with a market cap of CN¥7.25 billion.