Top Dividend Stocks To Consider In November 2024

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As global markets navigate a landscape marked by record highs in U.S. indexes and geopolitical uncertainties, investors are increasingly focused on the Federal Reserve's upcoming decisions regarding interest rates. Amidst these dynamics, dividend stocks continue to attract attention for their potential to provide steady income streams, especially in an environment where economic indicators like jobless claims and home sales are showing positive trends. In such a market climate, a good dividend stock is often characterized by its ability to maintain consistent payouts and demonstrate resilience against broader market fluctuations.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.44%

★★★★★★

CAC Holdings (TSE:4725)

4.56%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.72%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.25%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.90%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.45%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.35%

★★★★★★

James Latham (AIM:LTHM)

6.06%

★★★★★★

DoshishaLtd (TSE:7483)

3.80%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.77%

★★★★★★

Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Gas Plus

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

Overview: Gas Plus S.p.A. is involved in the exploration and production of natural gas in Italy, with a market cap of approximately €106.75 million.

Operations: Gas Plus S.p.A.'s revenue segments include Retail (€41.35 million), Network & Transportation (€22.25 million), Exploration & Production - Italy (€48.19 million), and Exploration & Production - Foreign (€37.88 million).

Dividend Yield: 6.1%

Gas Plus offers a dividend yield of 6.12%, placing it in the top 25% of dividend payers in the Italian market, with a payout ratio of 44.7% suggesting dividends are well covered by earnings and cash flows. However, its dividend history is unstable and volatile over the past decade. Recent financials show decreased revenue (EUR 65.7 million) and net income (EUR 5.29 million), potentially impacting future dividend stability.

BIT:GSP Dividend History as at Nov 2024
BIT:GSP Dividend History as at Nov 2024

TTY Biopharm

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

Overview: TTY Biopharm Company Limited, along with its subsidiaries, develops and sells pharmaceutical and chemical drugs in Taiwan and internationally, with a market cap of NT$18.42 billion.

Operations: TTY Biopharm's revenue is derived from its pharmaceutical and chemical drug operations both domestically in Taiwan and on an international scale.