Dividend Stocks To Consider In December 2024

As global markets navigate a period of cautious optimism following the Fed's recent rate cut and ongoing political uncertainties, investors are closely watching how these factors impact market stability. In this environment, dividend stocks can offer a measure of resilience and income potential, making them an appealing consideration for those looking to balance risk with steady returns.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.38%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.93%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.09%	★★★★★★
Yamato Kogyo (TSE:5444)	4.03%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.54%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.52%	★★★★★★
E J Holdings (TSE:2153)	3.85%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.96%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.71%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.22%	★★★★★★

Click here to see the full list of 1933 stocks from our Top Dividend Stocks screener.

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

Xinyi Solar Holdings (SEHK:968)

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

Overview: Xinyi Solar Holdings Limited is an investment holding company that produces and sells solar glass products in the People's Republic of China and internationally, with a market cap of HK$28.69 billion.

Operations: Xinyi Solar Holdings Limited generates revenue primarily from the sales of solar glass, amounting to HK$24.04 billion, and from its solar farm business, including EPC services, which contributes HK$3.03 billion.

Dividend Yield: 8%

Xinyi Solar Holdings offers a dividend yield of 8.04%, placing it among the top 25% of dividend payers in Hong Kong. However, its dividends have been unreliable and volatile over the past decade, with payments not fully covered by free cash flows despite a low payout ratio of 46.8%. The company shows strong earnings growth, having increased by HK$43.9 billion last year, and trades slightly below its estimated fair value.

• Navigate through the intricacies of Xinyi Solar Holdings with our comprehensive dividend report here.
• Our comprehensive valuation report raises the possibility that Xinyi Solar Holdings is priced lower than what may be justified by its financials.

Sansiri (SET:SIRI)

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

Overview: Sansiri Public Company Limited, with a market cap of THB30.43 billion, operates in Thailand's property development sector through its subsidiaries.

Operations: Sansiri's revenue primarily comes from Real Estate at THB35.79 billion, supplemented by Building Management, Project Management and Real Estate Brokerage at THB2.13 billion, and the Hotel Business contributing THB553 million.

Dividend Yield: 7.8%

Sansiri's dividend yield of 7.82% ranks it in the top 25% of Thai market payers, yet its dividends have been volatile and unreliable over the past decade. Despite this, a payout ratio of 57.4% suggests dividends are covered by earnings and cash flows. Recent earnings showed a decline, with net income at THB 1.31 billion for Q3, down from THB 1.56 billion year-on-year, indicating potential challenges ahead for sustaining payouts.

• Unlock comprehensive insights into our analysis of Sansiri stock in this dividend report.
• The valuation report we've compiled suggests that Sansiri's current price could be quite moderate.

San-in Godo BankLtd (TSE:8381)

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

Overview: The San-in Godo Bank, Ltd., along with its subsidiaries, offers a range of banking products and services to individual and corporate clients in Japan, with a market cap of ¥190.78 billion.

Operations: San-in Godo Bank, Ltd. generates its revenue from the Banking Industry, amounting to ¥108.72 billion, and the Leasing Business, contributing ¥16.31 billion.

Dividend Yield: 3.8%

San-in Godo Bank's dividend yield is among the top 25% in Japan, but its dividends have been volatile and unreliable over the past decade. Despite a low payout ratio of 37.2%, indicating coverage by earnings, the bank's allowance for bad loans is low at 73%. Recent events include a dividend increase to JPY 24.00 per share and revised earnings guidance with expected consolidated profit of JPY 18.2 billion for fiscal year ending March 2025.

• Take a closer look at San-in Godo BankLtd's potential here in our dividend report.
• The analysis detailed in our San-in Godo BankLtd valuation report hints at an deflated share price compared to its estimated value.

Summing It All Up

• Get an in-depth perspective on all 1933 Top Dividend Stocks by using our screener here.
• Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports.
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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.

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