Top Dividend Stocks To Consider In November 2024

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As global markets navigate a landscape marked by record-high U.S. indexes, geopolitical tensions, and evolving monetary policies, investors are keenly observing opportunities for stable returns. In this climate of broad-based gains and economic optimism tempered by uncertainties, dividend stocks present an appealing option for those seeking consistent income streams.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.78%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.25%

★★★★★★

CAC Holdings (TSE:4725)

4.57%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.57%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.30%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.78%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.37%

★★★★★★

DoshishaLtd (TSE:7483)

3.80%

★★★★★★

E J Holdings (TSE:2153)

3.77%

★★★★★☆

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.

Stella International Holdings

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

Overview: Stella International Holdings Limited is an investment holding company involved in the development, manufacture, and sale of footwear products and leather goods across North America, China, Europe, Asia, and other international markets with a market cap of approximately HK$11.18 billion.

Operations: Stella International Holdings Limited generates its revenue primarily from the manufacturing segment, which accounts for $1.55 billion, and also engages in retailing and wholesaling activities contributing $2.84 million.

Dividend Yield: 8.9%

Stella International Holdings offers an attractive dividend yield in the top 25% of Hong Kong payers, supported by a reasonable payout ratio of 72.6% and cash flow coverage at 54.3%. However, its dividend history is volatile with inconsistent growth over the past decade. Despite recent earnings growth and stable revenue increases—up to US$1.16 billion for nine months in 2024—the dividend's reliability remains a concern for investors seeking stability.

SEHK:1836 Dividend History as at Nov 2024
SEHK:1836 Dividend History as at Nov 2024

New Hope Service Holdings

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

Overview: New Hope Service Holdings Limited offers property management, value-added services, commercial operations, and lifestyle services with a market cap of HK$1.53 billion.

Operations: New Hope Service Holdings Limited generates revenue from four main segments: Property Management Services (CN¥734.92 million), Lifestyle Services (CN¥325.85 million), Value-Added Services to Non-Property Owners (CN¥162.85 million), and Commercial Operational Services (CN¥146.34 million).