November 2024 Dividend Stocks To Enhance Your Portfolio

As global markets react to the recent U.S. election results, with major indices like the S&P 500 and Nasdaq Composite reaching new highs, investors are closely watching how anticipated policy changes might influence growth and inflation. Amidst this backdrop of economic shifts, dividend stocks can offer a stable income stream, making them an attractive option for those looking to enhance their portfolios in uncertain times.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.51%	★★★★★★
Guaranty Trust Holding (NGSE:GTCO)	6.83%	★★★★★★
GakkyushaLtd (TSE:9769)	4.57%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.37%	★★★★★★
FALCO HOLDINGS (TSE:4671)	6.67%	★★★★★★
Allianz (XTRA:ALV)	4.85%	★★★★★★
James Latham (AIM:LTHM)	6.15%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.36%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.37%	★★★★★★
Banque Cantonale Vaudoise (SWX:BCVN)	4.91%	★★★★★★

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.

Keepers Holdings (PSE:KEEPR)

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

Overview: The Keepers Holdings, Inc. is an investment holding company involved in the distribution of liquor, wine, and specialty beverages in the Philippines with a market cap of ₱31.63 billion.

Operations: Keepers Holdings generates revenue from its distribution operations in the liquor, wine, and specialty beverage sectors within the Philippines.

Dividend Yield: 9.2%

Keepers Holdings has offered stable dividends for less than a decade, with recent growth over three years. Its dividend yield of 9.17% ranks in the top 25% in the Philippines market. The company's payout ratios indicate dividends are well covered by earnings and cash flows, suggesting sustainability. Recent financials show increased sales and net income, potentially supporting future dividend stability amidst its consideration of acquiring Booze On-Line, Inc.

• Unlock comprehensive insights into our analysis of Keepers Holdings stock in this dividend report.
• Our expertly prepared valuation report Keepers Holdings implies its share price may be lower than expected.

Xiamen Xiangyu (SHSE:600057)

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

Overview: Xiamen Xiangyu Co., Ltd. is a company that offers supply chain services in the People’s Republic of China, with a market capitalization of CN¥13.99 billion.

Operations: Xiamen Xiangyu Co., Ltd. generates its revenue through various supply chain services within China.

Dividend Yield: 4.9%

Xiamen Xiangyu's dividend yield of 4.87% ranks in the top 25% within China's market, supported by a payout ratio of 70.1%, indicating dividends are covered by earnings. Despite only a seven-year dividend history and volatility in payments, its cash payout ratio of 23.8% suggests strong cash flow coverage. Recent financials show declining revenue and net income, which may impact future payouts despite trading slightly below estimated fair value and good relative value compared to peers.

• Delve into the full analysis dividend report here for a deeper understanding of Xiamen Xiangyu.
• In light of our recent valuation report, it seems possible that Xiamen Xiangyu is trading behind its estimated value.

First Hi-tec Enterprise (TPEX:5439)

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

Overview: First Hi-tec Enterprise Co., Ltd. manufactures and sells printed circuit boards (PCBs) across Taiwan and the rest of Asia, with a market cap of NT$8.28 billion.

Operations: The company's revenue segment consists of NT$4.16 billion from the manufacture and sale of printed circuit boards and computer peripheral equipment.

Dividend Yield: 4.6%

First Hi-tec Enterprise's dividend yield of 4.6% is among the top 25% in Taiwan, yet its sustainability is questionable due to a high payout ratio of 93.3%, indicating dividends aren't well covered by earnings or cash flows. Despite this, dividends have been stable and growing over the past decade. Recent financials revealed a decline in sales and net income for Q2 2024, which could further challenge dividend coverage amidst ongoing executive changes.

• Click here to discover the nuances of First Hi-tec Enterprise with our detailed analytical dividend report.
• Our valuation report unveils the possibility First Hi-tec Enterprise's shares may be trading at a premium.

Seize The Opportunity

• Dive into all 1946 of the Top Dividend Stocks we have identified here.
• 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.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

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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