Top Dividend Stocks To Consider In December 2024

As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are navigating a landscape influenced by geopolitical developments and domestic policy shifts. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for those looking to capitalize on consistent returns amidst market volatility.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Tsubakimoto Chain (TSE:6371)	4.23%	★★★★★★
GakkyushaLtd (TSE:9769)	4.70%	★★★★★★
CAC Holdings (TSE:4725)	4.61%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.23%	★★★★★★
Padma Oil (DSE:PADMAOIL)	6.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.43%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.34%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.48%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.40%	★★★★★★

Click here to see the full list of 1968 stocks from our Top Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Tenaris (BIT:TEN)

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

Overview: Tenaris S.A. is a company that manufactures and distributes steel pipes for the energy industry and other industrial applications across various regions including North America, South America, Europe, the Middle East and Africa, and the Asia Pacific, with a market cap of approximately €20.09 billion.

Operations: Tenaris S.A.'s revenue primarily comes from its Tubes segment, which generated $12.31 billion.

Dividend Yield: 3.1%

Tenaris offers a dividend yield of 3.14%, which is below the Italian market's top quartile. Despite an unstable dividend history, its low payout ratios (29% earnings, 26.3% cash flow) suggest sustainability in payments. Recent guidance indicates potential sales and EBITDA recovery in 2025, driven by increased shipments and OCTG price rebounds. The company announced a $0.27 interim dividend per share and has completed significant share buybacks totaling $1.2 billion since November 2023.

• Get an in-depth perspective on Tenaris' performance by reading our dividend report here.
• Our expertly prepared valuation report Tenaris implies its share price may be lower than expected.

Samyang (KOSE:A145990)

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

Overview: Samyang Corporation operates in the chemicals and food sectors across Korea, China, Japan, other parts of Asia, Europe, and internationally with a market cap of approximately ₩499.59 billion.

Operations: Samyang Corporation's revenue is derived from its operations in the chemicals and food sectors across various regions, including Korea, China, Japan, other parts of Asia, and Europe.

Dividend Yield: 3.5%

Samyang’s dividend yield of 3.47% is below the top quartile in South Korea, but its low payout ratios (15.1% earnings, 13.3% cash flow) indicate strong coverage and sustainability. Despite a volatile dividend history over the past decade, recent expansions—such as entering Australia and New Zealand with allulose—may enhance future prospects. The new Korean plant boosts production capacity significantly, potentially supporting revenue growth to stabilize dividends long-term.

• Click to explore a detailed breakdown of our findings in Samyang's dividend report.
• Our valuation report unveils the possibility Samyang's shares may be trading at a discount.

WDB Holdings (TSE:2475)

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

Overview: WDB Holdings Co., Ltd. operates in Japan, focusing on human resources, contract research organization (CRO) services, and platform businesses, with a market cap of ¥33.07 billion.

Operations: WDB Holdings Co., Ltd. generates revenue through its CRO Business, which contributes ¥7.80 billion, and its Human Resource Services Business, which brings in ¥42.52 billion.

Dividend Yield: 3.6%

WDB Holdings offers a dividend yield of 3.59%, slightly below Japan's top quartile, with dividends well covered by earnings (39.1%) and cash flow (55.4%). Despite past volatility in dividend payments, they have grown over the last decade. However, recent news highlights a decrease in the upcoming dividend to ¥24 per share from ¥29 previously, indicating potential instability in its payout strategy amidst good relative value compared to peers.

• Take a closer look at WDB Holdings' potential here in our dividend report.
• Our comprehensive valuation report raises the possibility that WDB Holdings is priced lower than what may be justified by its financials.

Taking Advantage

• Access the full spectrum of 1968 Top Dividend Stocks by clicking on this link.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Ready For A Different Approach?

• 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