October 2024's Top Dividend Stocks To Consider
In This Article:
As global markets navigate the complexities of rising U.S. Treasury yields and tepid economic growth, investors are increasingly looking towards dividend stocks as a potential source of stability and income. In such an environment, a good dividend stock is characterized by its ability to maintain consistent payouts and demonstrate resilience amidst fluctuating market conditions.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Yamato Kogyo (TSE:5444) | 4.30% | ★★★★★★ |
| Tsubakimoto Chain (TSE:6371) | 4.17% | ★★★★★★ |
| Globeride (TSE:7990) | 4.26% | ★★★★★★ |
| Intelligent Wave (TSE:4847) | 3.97% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.14% | ★★★★★★ |
| KurimotoLtd (TSE:5602) | 5.48% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.84% | ★★★★★★ |
| Innotech (TSE:9880) | 4.73% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.56% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.82% | ★★★★★★ |
Click here to see the full list of 2029 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Runner (Xiamen)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Runner (Xiamen) Corp. is involved in the R&D, design, production, and sale of kitchen and bathroom products as well as water purification products both in China and internationally, with a market cap of approximately CN￥5.72 billion.
Operations: Runner (Xiamen) Corp.'s revenue is primarily derived from its kitchen and bathroom products and water purification products segments.
Dividend Yield: 3.4%
Runner (Xiamen) Corp. has demonstrated strong earnings growth, with net income rising to CNY 396.6 million for the nine months ended September 2024, reflecting a robust increase from the previous year. The company offers a dividend yield of 3.4%, placing it in the top quartile of CN market dividend payers. However, its four-year dividend history is marked by volatility and recent declines in payments, despite being well-covered by both earnings and cash flows with payout ratios of 36.7% and 44%, respectively.
Mizrahi Tefahot Bank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Mizrahi Tefahot Bank Ltd., along with its subsidiaries, offers a variety of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and beyond; it has a market cap of ?40.31 billion.
Operations: Mizrahi Tefahot Bank Ltd. generates revenue through its diverse banking services provided to both individuals and businesses across Israel, Switzerland, and international markets.