Stock Analysis

Top Dividend Stocks To Consider In December 2024

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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 domestic policy changes and geopolitical developments. In this environment, dividend stocks can offer stability and income potential, making them an attractive consideration for those seeking to balance growth with consistent returns.

Top 10 Dividend Stocks

NameDividend YieldDividend Rating
Tsubakimoto Chain (TSE:6371)4.17%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.18%★★★★★★
CAC Holdings (TSE:4725)4.57%★★★★★★
Yamato Kogyo (TSE:5444)3.88%★★★★★★
Guangxi LiuYao Group (SHSE:603368)3.20%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.33%★★★★★★
Nihon Parkerizing (TSE:4095)3.88%★★★★★★
FALCO HOLDINGS (TSE:4671)6.85%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.34%★★★★★★
E J Holdings (TSE:2153)3.91%★★★★★★

Click here to see the full list of 1946 stocks from our Top Dividend Stocks screener.

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

C&D International Investment Group (SEHK:1908)

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

Overview: C&D International Investment Group Limited is an investment holding company involved in property development, real estate industry chain investment services, and industry investment activities across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of HK$26.79 billion.

Operations: C&D International Investment Group Limited generates revenue primarily from its property development and property management and other related services segment, which amounts to CN¥142.82 billion.

Dividend Yield: 9.4%

C&D International Investment Group offers a high dividend yield of 9.43%, placing it among the top 25% in Hong Kong, but the dividend is not well covered by free cash flows and has been unreliable over the past decade. Although trading at a value below its estimated fair value, recent sales figures show a notable decline, with contracted sales down 34.8% year-on-year, raising concerns about future earnings sustainability and financial stability.

SEHK:1908 Dividend History as at Dec 2024

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (WSE:PKO)

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

Overview: Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna offers a range of banking products and services both in Poland and internationally, with a market cap of PLN72.25 billion.

Operations: The company's revenue is primarily derived from its Retail Segment, which generated PLN15.35 billion, and its Corporate and Investment Segment, contributing PLN7.53 billion.

Dividend Yield: 4.5%

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna has a volatile dividend history with payments not consistently growing over the past decade. Despite this, dividends are currently well covered by earnings, with a payout ratio of 42.9% and forecasted to remain sustainable in three years at 59.9%. The bank reported strong nine-month net income growth to PLN 6.86 billion from PLN 4.82 billion last year, though Q3 saw a decline in quarterly net income compared to the previous year.

WSE:PKO Dividend History as at Dec 2024

Logwin (XTRA:TGHN)

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

Overview: Logwin AG offers logistics and transport solutions across Germany, Austria, other European countries, Asia/Pacific, and internationally with a market cap of €714.05 million.

Operations: Logwin AG's revenue is primarily derived from its Air + Ocean segment, generating €954.25 million, and its Solutions segment, contributing €275.78 million.

Dividend Yield: 5.6%

Logwin's dividends have been stable and growing, covered by earnings with a payout ratio of 57% and cash flows at 59.4%. Despite being in the top 25% for dividend yield in Germany, it has only paid dividends for seven years. The stock trades at a significant discount to its estimated fair value. However, earnings are projected to decline by an average of 7.4% annually over the next three years, which could impact future dividend sustainability.

XTRA:TGHN Dividend History as at Dec 2024

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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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