Top Dividend Stocks To Consider In November 2024

As global markets respond to the implications of a "red sweep" in the U.S., with major indices like the S&P 500 and Nasdaq Composite reaching record highs, investors are closely watching how anticipated policy changes might influence growth and inflation. Amidst these dynamic conditions, dividend stocks can offer a measure of stability and income potential, making them an attractive consideration for those looking to balance risk while capitalizing on market opportunities.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.47%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.90%	★★★★★★
Globeride (TSE:7990)	4.06%	★★★★★★
GakkyushaLtd (TSE:9769)	4.51%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.35%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.67%	★★★★★★
Kwong Lung Enterprise (TPEX:8916)	6.32%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.46%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.32%	★★★★★☆
Premier Financial (NasdaqGS:PFC)	4.32%	★★★★★☆

Click here to see the full list of 1936 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Publicis Groupe (ENXTPA:PUB)

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

Overview: Publicis Groupe S.A. offers marketing, communications, and digital business transformation services across various regions including North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East with a market cap of approximately €26.05 billion.

Operations: Publicis Groupe S.A. generates its revenue primarily from Advertising and Communication Services, amounting to €15.35 billion.

Dividend Yield: 3.3%

Publicis Groupe's dividend is covered by earnings and cash flows, with payout ratios of 54.7% and 64.2%, respectively, indicating sustainability despite past volatility in dividend payments. The company's dividend yield of 3.28% is below the French market's top tier. Publicis has upgraded its earnings guidance for 2024, suggesting potential growth stability amid challenging conditions. Recent strategic moves include pursuing bolt-on acquisitions and collaborating on AI initiatives with Mondelez International to enhance marketing capabilities.

• Get an in-depth perspective on Publicis Groupe's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential undervaluation of Publicis Groupe shares in the market.

Jangho Group (SHSE:601886)

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

Overview: Jangho Group Co., Ltd. operates in the architectural decoration industry across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of CN¥6.58 billion.

Operations: Jangho Group Co., Ltd. generates revenue through its architectural decoration business, serving markets in Mainland China, Hong Kong, Macau, Taiwan, and internationally.

Dividend Yield: 5.2%

Jangho Group's dividend yield of 5.16% is among the top 25% in the Chinese market, supported by a low cash payout ratio of 23.9%, indicating strong coverage by cash flows. However, its dividend history has been volatile over the past decade, raising concerns about reliability. The company reported improved earnings for the first nine months of 2024, with net income rising to CNY 433.06 million from CNY 398.94 million year-over-year, suggesting potential financial stability despite past dividend inconsistencies.

• Delve into the full analysis dividend report here for a deeper understanding of Jangho Group.
• Our valuation report unveils the possibility Jangho Group's shares may be trading at a discount.

Gloria Material Technology (TPEX:5009)

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

Overview: Gloria Material Technology Corp. is a company that produces and sells alloy steel in Taiwan, the United States, China, and internationally, with a market cap of NT$29.02 billion.

Operations: Gloria Material Technology Corp.'s revenue segments include NT$12.18 billion from Gloria Material Technology Corp, NT$1.13 billion from Jinyun Iron and Steel Co., LTD, and NT$1.21 billion from Ouying Enterprises Co., Limited.

Dividend Yield: 5.1%

Gloria Material Technology's dividend yield of 5.06% ranks in the top 25% of Taiwan's market, yet its dividend history is marked by volatility and unreliability over the past decade. The company's dividends are not well covered by free cash flows, with a high cash payout ratio of 102.7%, although earnings do cover payouts with a reasonable payout ratio of 56.1%. Recent earnings show net income growth despite declining sales year-over-year.

• Unlock comprehensive insights into our analysis of Gloria Material Technology stock in this dividend report.
• The analysis detailed in our Gloria Material Technology valuation report hints at an deflated share price compared to its estimated value.

Turning Ideas Into Actions

• Access the full spectrum of 1936 Top Dividend Stocks by clicking on this link.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Seeking Other Investments?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com