Top Dividend Stocks To Consider In November 2024

In This Article:

As global markets navigate a landscape marked by record-high U.S. indexes and broad-based gains, investors are keeping a close watch on economic indicators like jobless claims and home sales that are driving positive sentiment. In this context of market optimism, dividend stocks stand out as an appealing option for those seeking steady income streams amidst the ongoing economic developments.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.98%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.26%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.64%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.93%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.45%

★★★★★★

James Latham (AIM:LTHM)

6.10%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.93%

★★★★★★

Click here to see the full list of 1970 stocks from our Top Dividend Stocks screener.

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

Chongqing Rural Commercial Bank

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

Overview: Chongqing Rural Commercial Bank Co., Ltd., along with its subsidiaries, provides banking services in the People's Republic of China and has a market capitalization of approximately HK$63.72 billion.

Operations: Chongqing Rural Commercial Bank Co., Ltd. focuses on offering banking services within the People's Republic of China.

Dividend Yield: 7.4%

Chongqing Rural Commercial Bank recently announced an interim dividend of RMB 2.21 billion, representing 30% of its net profit for the first half of 2024. The bank's dividends are well covered by earnings with a payout ratio of 29.8%, and they have been stable over the past decade. Despite offering a reliable yield of 7.36%, this is slightly below the top tier in Hong Kong's market, which stands at approximately 8%.

SEHK:3618 Dividend History as at Nov 2024
SEHK:3618 Dividend History as at Nov 2024

Japan Petroleum Exploration

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

Overview: Japan Petroleum Exploration Co., Ltd. operates in the exploration, development, production, and sale of oil, natural gas, and other energy resources across Japan, Europe, North America, and the Middle East with a market cap of ¥271.82 billion.

Operations: Japan Petroleum Exploration Co., Ltd.'s revenue is derived from ¥272.61 billion in Japan, ¥33.82 billion in the Middle East, and ¥43.41 billion in North America.