Top Dividend Stocks To Consider In November 2024

In This Article:

As global markets navigate the uncertainties surrounding the incoming Trump administration's policies, investors are witnessing significant fluctuations across various sectors. With U.S. stocks retracting some gains and interest rate expectations shifting, many are turning their attention to dividend stocks as a stable option amidst market volatility. In such an environment, a good dividend stock is often characterized by its ability to provide consistent income and potential for growth, making it an attractive consideration for those seeking resilience in their investment portfolios.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.16%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.15%

★★★★★★

CAC Holdings (TSE:4725)

4.62%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.74%

★★★★★★

GakkyushaLtd (TSE:9769)

4.49%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.37%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.76%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.43%

★★★★★★

E J Holdings (TSE:2153)

3.78%

★★★★★☆

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

Let's dive into some prime choices out of the screener.

Sansiri

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

Overview: Sansiri Public Company Limited, with a market cap of THB30.43 billion, operates in Thailand's property development sector through its subsidiaries.

Operations: Sansiri Public Company Limited's revenue is primarily derived from Real Estate at THB35.77 billion, supplemented by Building Management, Project Management and Real Estate Brokerage at THB2.15 billion, with additional contributions from its Hotel Business and Hotel Management segments totaling THB1.25 billion.

Dividend Yield: 7.6%

Sansiri offers a high dividend yield of 7.61%, placing it in the top 25% of Thai market payers, yet its sustainability is questionable due to a cash payout ratio of 153.5% and volatile past payments with over 20% annual drops. Despite a reasonable earnings payout ratio of 54.3%, dividends are not well covered by free cash flows, and shareholder dilution has occurred recently. The stock trades at good value with a P/E ratio significantly below the market average.

SET:SIRI Dividend History as at Nov 2024
SET:SIRI Dividend History as at Nov 2024

Bank of Changsha

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

Overview: Bank of Changsha Co., Ltd. offers a range of commercial banking products and services to individual and business clients in China, with a market capitalization of CN¥34.91 billion.