Dividend Stocks To Consider In November 2024


As global markets react to the recent U.S. election results, with major indices like the S&P 500 and Nasdaq Composite reaching record highs, investors are eyeing potential impacts on growth and inflation amid policy shifts. In this dynamic environment, dividend stocks can offer a measure of stability and income, making them an attractive consideration for those looking to navigate these evolving market conditions.

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.51%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.19%

★★★★★★

Guaranty Trust Holding (NGSE:GTCO)

6.83%

★★★★★★

GakkyushaLtd (TSE:9769)

4.57%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.37%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.67%

★★★★★★

Business Brain Showa-Ota (TSE:9658)

3.92%

★★★★★★

CAC Holdings (TSE:4725)

4.53%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.36%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.37%

★★★★★★

Click here to see the full list of 1940 stocks from our Top Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

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

Overview: Fleury Michon SA is a company that produces and sells food products both in France and internationally, with a market cap of €99.29 million.

Operations: Fleury Michon’s revenue is primarily derived from its Division GMS France segment at €679.59 million and its International Division at €91.20 million.

Dividend Yield: 5.4%

Fleury Michon’s dividend payments have been volatile over the past decade, with significant annual drops. Despite this, dividends have grown overall during that period and are well-covered by earnings and cash flows, with payout ratios of 34.1% and 12.6%, respectively. Recent financials show a substantial increase in net income to €46.7 million for the first half of 2024, although sales declined to €399.1 million from €422.3 million year-on-year.

ENXTPA:ALFLE Dividend History as at Nov 2024
ENXTPA:ALFLE Dividend History as at Nov 2024

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

Overview: Dong-E-E-Jiao Co., Ltd. is involved in the research, development, production, and sale of Ejiao along with Chinese patent medicines and health foods, with a market cap of CN¥38.30 billion.

Operations: Dong-E-E-Jiao Co., Ltd. generates revenue from the operation of Ejiao and its related products, amounting to CN¥5.62 billion.

Dividend Yield: 3.8%

Dong-E-E-Jiao Ltd. offers a dividend yield of 3.85%, ranking in the top 25% of CN market payers, but its sustainability is questionable due to a high payout ratio of 123.8%. Despite this, dividends have grown over the past decade, though they remain volatile and unreliable. Recent earnings show strong growth with net income rising to CNY 1.15 billion for the first nine months of 2024, reflecting robust revenue increases from CNY 3.43 billion to CNY 4.33 billion year-on-year.



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