Top Dividend Stocks To Consider In November 2024

In This Article:

As global markets navigate a whirlwind of earnings reports and economic data, major indices have experienced volatility, with growth stocks lagging behind their value counterparts. Amidst this backdrop of cautious optimism and fluctuating market dynamics, dividend stocks present a compelling option for investors seeking steady income streams. A good dividend stock typically offers a reliable payout history and resilience in uncertain economic climates, making them an attractive consideration in the current environment.

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.

Let's take a closer look at a couple of our picks from the screened companies.

Arkema

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

Overview: Arkema S.A. is a global manufacturer and seller of specialty chemicals and advanced materials, with a market cap of €6.19 billion.

Operations: Arkema S.A.'s revenue is primarily derived from its Advanced Materials segment (€3.51 billion), followed by Adhesive Solutions (€2.71 billion), Coating Solutions (€2.39 billion), and Intermediates (€779 million).

Dividend Yield: 4.2%

Arkema's dividend payments have been reliable and stable over the past decade, with a payout ratio of 76.4% indicating coverage by earnings, and a cash payout ratio of 47% showing strong cash flow support. The current yield is 4.22%, below the top quartile in France. Recent Q3 results showed slight increases in sales (€2.39 billion) and net income (€118 million), reinforcing its capacity to maintain dividends amidst strategic shifts towards sustainability initiatives like bio-based ethyl acrylate production.

ENXTPA:AKE Dividend History as at Nov 2024
ENXTPA:AKE Dividend History as at Nov 2024

Jiangnan Mould & Plastic Technology

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

Overview: Jiangnan Mould & Plastic Technology Co., Ltd. operates in the mould and plastic industry with a market cap of CN¥6.63 billion.

Operations: I'm sorry, but it seems that the revenue segment data is missing from the provided text. If you can provide the specific details or numbers for each revenue segment, I'd be happy to help summarize them for you.