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Top Dividend Stocks To Consider In November 2024

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As global markets navigate the uncertainty surrounding policy changes under the incoming Trump administration, investors are closely watching sector performance amidst fluctuating interest rates and inflation data. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those seeking to balance risk with returns.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.14%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.13%

★★★★★★

CAC Holdings (TSE:4725)

4.62%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.25%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.74%

★★★★★★

GakkyushaLtd (TSE:9769)

4.47%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.38%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.33%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.73%

★★★★★★

E J Holdings (TSE:2153)

3.84%

★★★★★★

Click here to see the full list of 1964 stocks from our Top Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Focus Technology

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

Overview: Focus Technology Co., Ltd. operates e-commerce platforms both in the People’s Republic of China and internationally, with a market cap of CN¥11.12 billion.

Operations: Focus Technology Co., Ltd. generates its revenue through the operation of e-commerce platforms across domestic and international markets.

Dividend Yield: 3.1%

Focus Technology's dividend yield of 3.14% ranks in the top quartile of CN market payers, but its sustainability is questionable due to a high payout ratio of 111.6%, indicating dividends aren't fully covered by earnings. Despite reasonable cash flow coverage with a cash payout ratio of 51.5%, past dividend payments have been volatile and unreliable over the decade, although recent earnings growth may offer some support for future stability.

SZSE:002315 Dividend History as at Nov 2024
SZSE:002315 Dividend History as at Nov 2024

Meitav Trade Investments

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

Overview: Meitav Trade Investments Ltd offers financial investment services and has a market cap of ₪433.44 million.

Operations: Meitav Trade Investments Ltd generates its revenue through the provision of financial investment services.

Dividend Yield: 7.7%

Meitav Trade Investments offers a compelling dividend profile with a 7.69% yield, placing it among the top 25% in the IL market. Its dividends are well-covered by earnings and cash flows, with payout ratios of 29.1% and 55%, respectively, suggesting sustainability. However, it's too early to assess dividend growth or stability as distributions have just commenced. The stock trades at a significant discount to its estimated fair value, enhancing its appeal for value-focused investors.