Top Dividend Stocks To Consider In December 2024

As global markets navigate a complex landscape marked by fluctuating consumer confidence and mixed economic signals, investors are increasingly looking toward dividend stocks for potential stability and income. In this environment, a strong dividend stock is characterized by consistent payouts and solid financial health, offering investors a reliable income stream amidst the current market uncertainties.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Guaranty Trust Holding (NGSE:GTCO)	6.49%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.02%	★★★★★★
Wuliangye YibinLtd (SZSE:000858)	3.28%	★★★★★★
Southside Bancshares (NYSE:SBSI)	4.59%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.45%	★★★★★★
GakkyushaLtd (TSE:9769)	4.35%	★★★★★★
Nihon Parkerizing (TSE:4095)	3.84%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	6.04%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.81%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	5.17%	★★★★★★

Click here to see the full list of 1938 stocks from our Top Dividend Stocks screener.

We'll examine a selection from our screener results.

Saudi Networkers Services (SASE:9543)

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

Overview: Saudi Networkers Services Company specializes in implementing, establishing, maintaining, operating, installing, and managing telecommunication networks in the Kingdom of Saudi Arabia with a market cap of SAR498 million.

Operations: Saudi Networkers Services Company generates its revenue from the Computer Services segment, which amounts to SAR560.41 million.

Dividend Yield: 5.2%

Saudi Networkers Services offers a competitive dividend yield of 5.24%, placing it in the top 25% of SA market dividend payers. With a payout ratio of 64.5%, dividends are well-covered by earnings and cash flows, suggesting sustainability. Despite only two years of payments, dividends have grown consistently with minimal volatility. The stock trades at a significant discount to its estimated fair value, potentially enhancing its appeal for value-focused investors seeking income stability.

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

Shandong Wit Dyne HealthLtd (SZSE:000915)

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

Overview: Shandong Wit Dyne Health Co., Ltd. operates in the pharmaceutical sector in China with a market capitalization of CN¥6.37 billion.

Operations: Shandong Wit Dyne Health Co., Ltd. generates its revenue through various segments within the pharmaceutical industry in China.

Dividend Yield: 3.7%

Shandong Wit Dyne Health Ltd. offers a dividend yield of 3.68%, ranking in the top 25% of CN market payers, but its high payout ratio of 119.6% raises sustainability concerns as dividends are not well covered by earnings. Despite a low cash payout ratio of 32%, dividend payments have been volatile over the past decade, indicating unreliability and potential risk for income-focused investors seeking stability in their portfolios.

• Navigate through the intricacies of Shandong Wit Dyne HealthLtd with our comprehensive dividend report here.
• Our valuation report here indicates Shandong Wit Dyne HealthLtd may be undervalued.

Nihon Kagaku Sangyo (TSE:4094)

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

Overview: Nihon Kagaku Sangyo Co., Ltd. is engaged in the production and sale of industrial chemicals and building materials both in Japan and internationally, with a market capitalization of ¥28.74 billion.

Operations: Nihon Kagaku Sangyo Co., Ltd. generates revenue through its industrial chemicals and building materials segments, serving both domestic and international markets.

Dividend Yield: 4.1%

Nihon Kagaku Sangyo offers a high dividend yield of 4.06%, placing it in the top 25% of JP market payers. The company's dividends have been stable and growing over the past decade, supported by a low payout ratio of 26.4% and a cash payout ratio of 48.2%, indicating strong coverage by earnings and cash flows. Trading at 38.7% below its estimated fair value, it presents potential value for investors seeking reliable income streams with sustainable payouts.

• Click here and access our complete dividend analysis report to understand the dynamics of Nihon Kagaku Sangyo.
• Insights from our recent valuation report point to the potential overvaluation of Nihon Kagaku Sangyo shares in the market.

Summing It All Up

• Unlock more gems! Our Top Dividend Stocks screener has unearthed 1935 more companies for you to explore.Click here to unveil our expertly curated list of 1938 Top Dividend Stocks.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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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