Top Dividend Stocks To Consider In December 2024

As global markets experience mixed performance, with major U.S. stock indexes reaching record highs while others like the Russell 2000 see declines, investors are keenly watching economic indicators and central bank policies for cues on future market directions. Amidst this backdrop of diverging growth and value stocks, dividend stocks remain an attractive option for those seeking steady income streams; they often provide a measure of stability in volatile markets by offering regular payouts regardless of broader economic fluctuations.

Top 10 Dividend Stocks

Name	Dividend Yield	Dividend Rating
Wuliangye YibinLtd (SZSE:000858)	3.15%	★★★★★★
CAC Holdings (TSE:4725)	4.74%	★★★★★★
GakkyushaLtd (TSE:9769)	4.43%	★★★★★★
Yamato Kogyo (TSE:5444)	3.99%	★★★★★★
Guangxi LiuYao Group (SHSE:603368)	3.19%	★★★★★★
Padma Oil (DSE:PADMAOIL)	7.44%	★★★★★★
China South Publishing & Media Group (SHSE:601098)	4.05%	★★★★★★
Nihon Parkerizing (TSE:4095)	4.05%	★★★★★★
HUAYU Automotive Systems (SHSE:600741)	4.35%	★★★★★★
DoshishaLtd (TSE:7483)	3.75%	★★★★★☆

Click here to see the full list of 1931 stocks from our Top Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Taiwan TaxiLtd (TPEX:2640)

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

Overview: Taiwan Taxi Co., Ltd. offers taxi services in Taiwan and has a market capitalization of NT$7.29 billion.

Operations: Taiwan Taxi Co., Ltd. generates revenue from Information Media Services amounting to NT$2.34 billion and Sales of Platform Peripherals totaling NT$968.16 million.

Dividend Yield: 4.7%

Taiwan Taxi Ltd. offers a dividend yield of 4.71%, placing it in the top 25% of dividend payers in Taiwan. Despite its attractive yield, the company's dividends have been unreliable and volatile over the past decade, with significant annual fluctuations. However, recent earnings growth—27% over the past year—and reasonable payout ratios (72.1% earnings and 74.4% cash flow) suggest dividends are currently covered by both profits and cash flows, though sustainability remains uncertain given historical volatility.

• Unlock comprehensive insights into our analysis of Taiwan TaxiLtd stock in this dividend report.
• The valuation report we've compiled suggests that Taiwan TaxiLtd's current price could be inflated.

ArtnerLtd (TSE:2163)

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

Overview: Artner Co., Ltd. operates in the worker dispatching and employment placement services sector both in Japan and internationally, with a market cap of ¥20.59 billion.

Operations: Artner Co., Ltd. generates its revenue through its worker dispatching and employment placement services offered both domestically in Japan and on an international scale.

Dividend Yield: 4%

Artner Ltd.'s dividend yield of 4.02% ranks it in the top 25% of Japan's dividend payers, supported by an earnings payout ratio of 69.6% and a cash payout ratio of 83.5%. Despite only three years of payments, dividends have been stable and growing with minimal volatility. Recent earnings growth at 11.4% enhances coverage confidence, though the short payment history may concern some investors regarding long-term reliability.

• Click to explore a detailed breakdown of our findings in ArtnerLtd's dividend report.
• According our valuation report, there's an indication that ArtnerLtd's share price might be on the expensive side.

Iino Kaiun Kaisha (TSE:9119)

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

Overview: Iino Kaiun Kaisha, Ltd. operates globally in the shipping and real estate sectors, with a market cap of ¥120.30 billion.

Operations: Iino Kaiun Kaisha, Ltd.'s revenue is derived from its global operations in the shipping and real estate sectors.

Dividend Yield: 4.2%

Iino Kaiun Kaisha offers a dividend yield of 4.25%, placing it among the top 25% in Japan, with dividends well-covered by earnings and cash flows due to low payout ratios of 30.1% and 24%, respectively. Despite a history of volatility, dividends have grown over the past decade. The company trades at a significant discount to its estimated fair value, but recent delisting from OTC Equity raises concerns about liquidity and accessibility for investors.

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

Key Takeaways

• Investigate our full lineup of 1931 Top Dividend Stocks right 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.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com