Top Dividend Stocks To Consider In November 2024

As global markets navigate a busy earnings season and mixed economic signals, major indices like the S&P 500 and Nasdaq Composite have experienced volatility, with growth stocks lagging behind their value counterparts. Amid these fluctuations, dividend stocks offer investors a potential source of steady income, making them an appealing consideration in uncertain times.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Tsubakimoto Chain (TSE:6371)	4.08%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.52%	★★★★★★
Globeride (TSE:7990)	4.04%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.16%	★★★★★★
Innotech (TSE:9880)	4.75%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.11%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.55%	★★★★★★
James Latham (AIM:LTHM)	6.23%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.44%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.94%	★★★★★★

Click here to see the full list of 1932 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Anima Holding (BIT:ANIM)

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

Overview: Anima Holding S.p.A. is a publicly owned investment manager with a market capitalization of €1.78 billion.

Operations: Anima Holding S.p.A. generates its revenue primarily from Asset Management, amounting to €1.18 billion.

Dividend Yield: 3.9%

Anima Holding's dividends, while covered by earnings and cash flows with payout ratios of 39.4% and 21.4% respectively, have been historically volatile. Recent earnings growth is strong, with net income rising to €172 million for the nine months ending September 2024 from €96.4 million a year ago. However, its dividend yield of 3.91% is below Italy’s top quartile payers, and an acquisition proposal by Banco BPM Vita could impact future payouts if completed in 2025.

• Click here and access our complete dividend analysis report to understand the dynamics of Anima Holding.
• In light of our recent valuation report, it seems possible that Anima Holding is trading behind its estimated value.

Vicat (ENXTPA:VCT)

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

Overview: Vicat S.A. operates in the construction industry through the production and sale of cement, ready-mixed concrete, and aggregates, with a market cap of approximately €1.58 billion.

Operations: Vicat S.A. generates its revenue primarily from the sale of cement (€2.52 billion) and concrete & aggregates (€1.55 billion).

Dividend Yield: 5.4%

Vicat offers a reliable dividend yield of 5.44%, though it falls short compared to the top quartile in France. The company's dividends are well-supported by earnings and cash flows, with payout ratios of 33.4% and 45.7%, respectively, ensuring sustainability. Despite high debt levels, Vicat trades at a significant discount to its estimated fair value and peers, enhancing its appeal as a value investment for dividend seekers. Dividends have remained stable over the past decade with consistent growth.

• Get an in-depth perspective on Vicat's performance by reading our dividend report here.
• Upon reviewing our latest valuation report, Vicat's share price might be too pessimistic.

Swiss Re (SWX:SREN)

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

Overview: Swiss Re AG, with a market cap of CHF32.48 billion, operates globally by offering wholesale reinsurance, insurance, risk transfer solutions, and various insurance-related services through its subsidiaries.

Operations: Swiss Re AG generates its revenue from three primary segments: Property & Casualty Reinsurance ($25.39 billion), Life & Health Reinsurance ($18.71 billion), and Corporate Solutions ($6.10 billion).

Dividend Yield: 5%

Swiss Re's dividend yield of 4.97% ranks in the top 25% of Swiss market payers, yet its dividends have been volatile over the past decade with no consistent growth. Despite this instability, dividends are well-covered by both earnings and cash flows, with payout ratios of 55.8% and 50%, respectively. Recent earnings growth supports coverage sustainability, as net income rose to US$2.09 billion for H1 2024 from US$1.79 billion a year earlier.

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

Make It Happen

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Curious About Other Options?

• 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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