Best Dividend Stocks To Consider In November 2024
In This Article:
As global markets navigate a tumultuous period marked by mixed earnings reports and economic data, investors are keenly observing the performance of major indices, with the Nasdaq Composite and S&P MidCap 400 Index experiencing significant fluctuations. Amidst this backdrop of cautious optimism and market volatility, dividend stocks continue to attract attention for their potential to provide steady income streams. In such an environment, a good dividend stock is often characterized by its ability to maintain reliable payouts despite economic uncertainties, making it an appealing option for those seeking stability in their investment portfolios.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.18% | ★★★★★★ |
| Mitsubishi Shokuhin (TSE:7451) | 3.82% | ★★★★★★ |
| Guaranty Trust Holding (NGSE:GTCO) | 6.85% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.16% | ★★★★★★ |
| Financial Institutions (NasdaqGS:FISI) | 4.87% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.52% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.97% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 5.87% | ★★★★★★ |
| GakkyushaLtd (TSE:9769) | 4.62% | ★★★★★★ |
| KurimotoLtd (TSE:5602) | 4.99% | ★★★★★★ |
Click here to see the full list of 1991 stocks from our Top Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Credito Emiliano
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Credito Emiliano S.p.A. operates as a commercial bank and wealth management service provider for retail and corporate clients mainly in Italy, with a market capitalization of approximately €3.37 billion.
Operations: Credito Emiliano S.p.A.'s revenue is primarily derived from Commercial Banking (€1.34 billion), Private Banking (€290.30 million), Asset Management (€134.20 million), Insurance (€95.20 million), and Parabanking, Consumer Credit, IT Technology services (€221.20 million).
Dividend Yield: 4.3%
Credito Emiliano's dividend payments have been volatile over the past decade, with significant annual drops. Despite this instability, the dividends are currently well covered by earnings, supported by a low payout ratio of 26.1%, and are expected to remain sustainable in three years with a forecasted payout ratio of 45.2%. The stock is trading at a substantial discount to its estimated fair value, although its dividend yield of 4.27% is below top-tier Italian market payers. Recent earnings growth may bolster future stability despite forecasts of declining earnings over the next three years.
