Top Dividend Stocks To Consider In November 2024

As global markets continue to navigate domestic policy shifts and geopolitical tensions, major indices like the Dow Jones Industrial Average and S&P 500 have reached record highs, reflecting investor optimism despite uncertainties such as tariff threats. In this environment of robust market performance, dividend stocks can offer a compelling opportunity for investors seeking steady income streams; these stocks often provide stability and potential growth amid fluctuating economic conditions.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.18%	★★★★★★
GakkyushaLtd (TSE:9769)	4.73%	★★★★★★
CAC Holdings (TSE:4725)	4.62%	★★★★★★
Yamato Kogyo (TSE:5444)	3.89%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.23%	★★★★★★
MISC Berhad (KLSE:MISC)	4.97%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.42%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.33%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.94%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.43%	★★★★★★

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

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

Jiaze Renewables (SHSE:601619)

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

Overview: Jiaze Renewables Corporation Limited focuses on the development, construction, sale, operation, and maintenance of new energy projects with a market cap of approximately CN¥8.01 billion.

Operations: Jiaze Renewables Corporation Limited's revenue segments include the development, construction, sale, operation, and maintenance of new energy projects.

Dividend Yield: 3.3%

Jiaze Renewables' dividend payments are covered by cash flows with a cash payout ratio of 57% and earnings with a payout ratio of 41.3%, indicating sustainability despite its high debt levels. The company offers an attractive dividend yield at 3.34%, above the CN market average, but its six-year history shows volatility in payments, raising concerns about reliability. Recent private placements may impact future dividends, pending regulatory approvals and shareholder decisions from the upcoming meeting.

• Click to explore a detailed breakdown of our findings in Jiaze Renewables' dividend report.
• Our comprehensive valuation report raises the possibility that Jiaze Renewables is priced higher than what may be justified by its financials.

Livzon Pharmaceutical Group (SZSE:000513)

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

Overview: Livzon Pharmaceutical Group Inc. operates in the People's Republic of China, focusing on the research, development, production, export, and sale of pharmaceutical products and active pharmaceutical ingredients with a market cap of CN¥30.74 billion.

Operations: Livzon Pharmaceutical Group Inc.'s revenue from pharmaceutical manufacturing amounts to CN¥11.86 billion.

Dividend Yield: 3.5%

Livzon Pharmaceutical Group's dividend yield is competitive at 3.54%, surpassing the CN market average, and dividends are covered by earnings (payout ratio: 61.6%) and cash flows (cash payout ratio: 46.1%). However, its dividend history has been volatile with significant annual drops over the past decade, raising concerns about sustainability and reliability. Recent board changes and product approvals may influence future performance but add uncertainty to long-term dividend stability.

• Click here to discover the nuances of Livzon Pharmaceutical Group with our detailed analytical dividend report.
• Our comprehensive valuation report raises the possibility that Livzon Pharmaceutical Group is priced lower than what may be justified by its financials.

Gree Electric Appliances of Zhuhai (SZSE:000651)

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

Overview: Gree Electric Appliances, Inc. of Zhuhai is a Chinese company that manufactures and sells air-conditioners, home appliances, and accessories, with a market cap of CN¥231.10 billion.

Operations: Gree Electric Appliances of Zhuhai generates revenue primarily from its Manufacturing Industry segment, which accounts for CN¥166.28 billion.

Dividend Yield: 5.7%

Gree Electric Appliances of Zhuhai offers a dividend yield in the top 25% of CN market payers, supported by earnings and cash flows with payout ratios at 42.3% and 51.1%, respectively. Despite this, its dividend history is marked by volatility and unreliability over the past decade, posing sustainability concerns. Recent earnings growth to CNY 21.96 billion for nine months ending September 2024 highlights profitability despite a decline in sales and revenue year-over-year.

• Click here and access our complete dividend analysis report to understand the dynamics of Gree Electric Appliances of Zhuhai.
• Insights from our recent valuation report point to the potential undervaluation of Gree Electric Appliances of Zhuhai shares in the market.

Taking Advantage

• Reveal the 1964 hidden gems among our Top Dividend Stocks screener with a single click 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.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Looking For Alternative Opportunities?

• 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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