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Top Dividend Stocks For November 2024

In This Article:

As global markets navigate a busy earnings season and economic uncertainties, major indices like the Nasdaq Composite and S&P 500 have experienced volatility, with growth stocks underperforming compared to value shares. Amidst these fluctuations, dividend stocks continue to attract investors seeking stability and income in their portfolios. In such an environment, a good dividend stock is often characterized by consistent payouts and strong financial health, providing a buffer against market turbulence while offering potential for long-term growth.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.85%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.52%

★★★★★★

Innotech (TSE:9880)

4.75%

★★★★★★

CAC Holdings (TSE:4725)

4.53%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

4.12%

★★★★★★

James Latham (AIM:LTHM)

5.94%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.44%

★★★★★★

GakkyushaLtd (TSE:9769)

4.59%

★★★★★★

KurimotoLtd (TSE:5602)

4.99%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.00%

★★★★★★

Click here to see the full list of 1933 stocks from our Top Dividend Stocks screener.

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

Xin Point Holdings

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

Overview: Xin Point Holdings Limited is an investment holding company that manufactures and sells automotive and electronic components across China, North America, Europe, and other international markets, with a market cap of HK$3.65 billion.

Operations: The company's revenue primarily comes from the manufacture and sale of automotive and electronic components, totaling CN¥3.23 billion.

Dividend Yield: 8.6%

Xin Point Holdings offers a compelling dividend profile, with its dividend yield in the top 25% of Hong Kong market payers. Dividends are well-covered by earnings and cash flows, with payout ratios at 61.9% and 49.2%, respectively. However, the company has a volatile dividend history over its seven-year payment period. Recent financials show growth, with half-year sales rising to CNY 1.65 billion and net income increasing to CNY 322.16 million year-on-year.

SEHK:1571 Dividend History as at Nov 2024
SEHK:1571 Dividend History as at Nov 2024

Tong Ren Tang Technologies

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

Overview: Tong Ren Tang Technologies Co. Ltd. manufactures and sells Chinese medicine products both in Mainland China and internationally, with a market cap of HK$6.90 billion.

Operations: Tong Ren Tang Technologies Co. Ltd.'s revenue is primarily derived from its own operations, contributing CN¥4.29 billion, and from Tong Ren Tang Chinese Medicine, which adds CN¥1.26 billion.