Top Dividend Stocks To Consider In November 2024

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As global markets navigate the complexities of a new U.S. administration, fluctuating interest rates, and mixed economic signals from major regions like Europe and China, investors are closely watching how these factors might impact their portfolios. Amid this backdrop of uncertainty and sector volatility, dividend stocks can offer a measure of stability by providing consistent income streams, making them an attractive consideration for those looking to balance growth with income in their investment strategies.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.16%

★★★★★★

Globeride (TSE:7990)

4.18%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.93%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.29%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.40%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.43%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

3.89%

★★★★★★

James Latham (AIM:LTHM)

6.13%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.43%

★★★★★★

DoshishaLtd (TSE:7483)

3.84%

★★★★★★

Click here to see the full list of 1951 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Aperam

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

Overview: Aperam S.A., along with its subsidiaries, is engaged in the production and sale of stainless and specialty steel products globally, with a market cap of approximately €2.04 billion.

Operations: Aperam's revenue is primarily derived from its Stainless & Electrical Steel segment (€4.03 billion), followed by Services & Solutions (€2.36 billion), Recycling & Renewables (€2.00 billion), and Alloys & Specialties (€943 million).

Dividend Yield: 7.1%

Aperam's dividend yield of 7.09% ranks in the top 25% of Dutch market payers, supported by a sustainable payout ratio of 50%. The company's dividends are covered by both earnings and cash flows, with a cash payout ratio at 73%. Despite being relatively new to dividends with less than ten years of payments, Aperam has shown reliability and growth. Recent Q3 results highlight strong performance with EUR 179 million net income compared to a loss last year.

ENXTAM:APAM Dividend History as at Nov 2024
ENXTAM:APAM Dividend History as at Nov 2024

TECO Electric & Machinery

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

Overview: TECO Electric & Machinery Co., Ltd. operates in the manufacturing, installation, wholesale, and retail sectors for electronic and telecommunications equipment, office equipment, and home appliances across Taiwan, the United States, China, and internationally with a market cap of approximately NT$109.68 billion.