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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 positive economic indicators such as falling jobless claims and rising home sales, investors are keenly observing the Federal Reserve's upcoming decisions on interest rates. Amidst this backdrop of broad-based gains and geopolitical uncertainties, dividend stocks remain an attractive option for those seeking steady income streams in a dynamic market environment. In selecting dividend stocks, it is crucial to focus on companies with strong financial health and consistent payout histories, which can provide stability even when market conditions fluctuate.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.54%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.28%

★★★★★★

CAC Holdings (TSE:4725)

4.62%

★★★★★★

Yamato Kogyo (TSE:5444)

3.89%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.60%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.46%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.56%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.45%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.92%

★★★★★★

James Latham (AIM:LTHM)

6.70%

★★★★★☆

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

We're going to check out a few of the best picks from our screener tool.

B&C Speakers

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

Overview: B&C Speakers S.p.A. is involved in the production and marketing of professional loudspeakers under the B&C brand both in Italy and internationally, with a market cap of €170.23 million.

Operations: B&C Speakers S.p.A. generates its revenue primarily from the Acoustic Transducers segment, amounting to €99.40 million.

Dividend Yield: 4.2%

B&C Speakers' dividends are well-covered by earnings and cash flows, with a payout ratio of 44.1% and a cash payout ratio of 50.8%. Despite past volatility in dividend payments, the company has shown growth over the last decade. Recent earnings reports indicate strong financial performance, with net income rising to €15.78 million for nine months ending September 2024 from €11.67 million a year earlier, supporting dividend sustainability despite its lower yield compared to market leaders.

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

Fu Shou Yuan International Group

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

Overview: Fu Shou Yuan International Group Limited, with a market cap of HK$8.79 billion, operates in the People's Republic of China offering burial and funeral services through its subsidiaries.