Top Dividend Stocks To Consider In December 2024

As global markets continue to reach new highs, with indices like the Dow Jones and S&P 500 hitting record intraday levels, investors are keenly observing the influence of geopolitical factors and domestic policies on market sentiment. Amidst these dynamic conditions, dividend stocks remain a compelling option for those seeking consistent income streams; their appeal lies in their potential to offer stability and regular payouts even as broader market volatility persists.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.57%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.26%	★★★★★★
GakkyushaLtd (TSE:9769)	4.60%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.18%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.86%	★★★★★★
E J Holdings (TSE:2153)	3.87%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.46%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.45%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.84%	★★★★★★

Click here to see the full list of 1943 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Credito Emiliano (BIT:CE)

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

Overview: Credito Emiliano S.p.A., along with its subsidiaries, offers commercial banking and wealth management services to retail and corporate clients mainly in Italy, with a market cap of €3.55 billion.

Operations: Credito Emiliano S.p.A.'s revenue is derived from its commercial banking and wealth management services provided to retail and corporate customers in Italy.

Dividend Yield: 4.3%

Credito Emiliano's dividend profile reflects a mixed outlook. While the company has increased its dividend payments over the past decade, these have been volatile, with annual drops exceeding 20%. The payout ratio is currently low at 26.1%, indicating dividends are well covered by earnings, and forecasts suggest this will remain sustainable in three years at a 52.4% payout ratio. However, its dividend yield of 4.28% is below Italy's top-tier payers' average of 5.43%.

• Take a closer look at Credito Emiliano's potential here in our dividend report.
• The valuation report we've compiled suggests that Credito Emiliano's current price could be quite moderate.

Groupe Guillin (ENXTPA:ALGIL)

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

Overview: Groupe Guillin S.A. is involved in the production and sale of food packaging products both in France and internationally, with a market cap of €486.17 million.

Operations: Groupe Guillin S.A.'s revenue is derived from two main segments: €50.85 million from the Material Sector and €814.51 million from the Packaging Sector.

Dividend Yield: 4.1%

Groupe Guillin's dividend profile shows mixed characteristics. Despite a low payout ratio of 29.2% indicating dividends are well covered by earnings, the company's dividend payments have been unreliable and volatile over the past decade. Although trading at significant value below its estimated fair value, recent earnings results show a decline in both sales and net income compared to last year, potentially affecting future dividend stability. The current yield is modest compared to top-tier French payers.

• Click here to discover the nuances of Groupe Guillin with our detailed analytical dividend report.
• Our expertly prepared valuation report Groupe Guillin implies its share price may be lower than expected.

Wienerberger (WBAG:WIE)

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

Overview: Wienerberger AG is a company that produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe with a market cap of €3.02 billion.

Operations: Wienerberger AG generates revenue from the production and sale of clay blocks, facing bricks, roof tiles, and pavers across Europe.

Dividend Yield: 3.2%

Wienerberger's dividend profile is mixed, with stable and reliable payments over the past decade despite a high payout ratio of 144.6% indicating poor earnings coverage. The dividend yield of 3.24% is below top-tier Austrian payers, though well covered by cash flows with a cash payout ratio of 40.2%. Recent earnings showed decreased net income and profit margins compared to last year, raising concerns about future sustainability amidst significant shareholder dilution and high debt levels.

• Get an in-depth perspective on Wienerberger's performance by reading our dividend report here.
• Our valuation report unveils the possibility Wienerberger's shares may be trading at a discount.

Seize The Opportunity

• Dive into all 1943 of the Top Dividend Stocks we have identified here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
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Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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