November 2024's Best Dividend Stocks To Consider

As global markets navigate a tumultuous period marked by mixed earnings reports and fluctuating economic indicators, investors are increasingly turning their attention to dividend stocks as a source of stability. In this environment, selecting dividend stocks that offer consistent payouts and demonstrate resilience in the face of economic uncertainty can be an effective strategy for those looking to balance growth with income.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.69%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.19%	★★★★★★
Yamato Kogyo (TSE:5444)	4.12%	★★★★★★
Mitsubishi Research Institute (TSE:3636)	3.83%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.48%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.93%	★★★★★★
Business Brain Showa-Ota (TSE:9658)	4.22%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.57%	★★★★★★
James Latham (AIM:LTHM)	5.83%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.01%	★★★★★★

Click here to see the full list of 2033 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Renta 4 Banco (BME:R4)

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

Overview: Renta 4 Banco, S.A. operates in wealth management, brokerage, and corporate advisory services both in Spain and internationally, with a market cap of €524.94 million.

Operations: Renta 4 Banco generates its revenue from three key segments: Brokerage (€95.51 million), Asset Management (€91.13 million), and Corporate Services (€33.00 million).

Dividend Yield: 3.3%

Renta 4 Banco offers a mixed dividend profile. While its dividends are well-covered by both earnings and cash flows, with a payout ratio of 17.9% and a cash payout ratio of 4.4%, the reliability has been questionable due to volatility over the past decade. Despite recent growth in earnings by 19.9%, its dividend yield at 3.26% remains below the top quartile in Spain, suggesting room for improvement in attractiveness to dividend investors.

• Click here and access our complete dividend analysis report to understand the dynamics of Renta 4 Banco.
• The analysis detailed in our Renta 4 Banco valuation report hints at an inflated share price compared to its estimated value.

Careerlink (TSE:6070)

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

Overview: Careerlink Co., Ltd. provides human resource services in Japan and has a market cap of ¥29.96 billion.

Operations: Careerlink Co., Ltd. generates revenue from its Manufacturing Personnel Service Business, which amounts to ¥7.08 billion.

Dividend Yield: 4.8%

Careerlink's dividend profile presents both strengths and weaknesses. The dividends are well-covered by earnings and cash flows, with a payout ratio of 63.7% and a cash payout ratio of 22.8%, respectively, ensuring sustainability. However, the track record is unstable due to volatility over the past decade, despite their growth in that period. With a yield of 4.75%, Careerlink stands among the top dividend payers in Japan but faces challenges with declining profit margins from last year’s performance.

• Click to explore a detailed breakdown of our findings in Careerlink's dividend report.
• Our expertly prepared valuation report Careerlink implies its share price may be lower than expected.

I-Net (TSE:9600)

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

Overview: I-Net Corp. offers information processing and system development services and sells system equipment, with a market cap of ¥23.94 billion.

Operations: I-Net Corp.'s revenue is derived from its information processing and system development services, as well as the sale of system equipment.

Dividend Yield: 3.6%

I-Net's dividend profile is robust, supported by a low payout ratio of 19.6% and cash payout ratio of 16.9%, ensuring payments are well-covered by earnings and cash flows. Dividends have been stable and growing over the past decade, though the yield of 3.56% falls short compared to top-tier JP market payers at 3.82%. Despite this, I-Net trades significantly below its estimated fair value, offering potential value for investors focused on reliable income streams.

• Navigate through the intricacies of I-Net with our comprehensive dividend report here.
• Upon reviewing our latest valuation report, I-Net's share price might be too pessimistic.

Seize The Opportunity

• Dive into all 2033 of the Top Dividend Stocks we have identified here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Want To Explore Some Alternatives?

• 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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