Best Dividend Stocks To Consider In December 2024

Three Dividend Stocks To Consider For Your Portfolio

As global markets navigate a mix of moderate gains and fluctuating consumer confidence, investors are increasingly seeking stability amid economic uncertainties. In such an environment, dividend stocks can offer potential income and resilience, making them attractive considerations for those looking to bolster their portfolios with reliable returns.

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.09%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.31%

★★★★★★

CAC Holdings (TSE:4725)

4.84%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.27%

★★★★★★

Padma Oil (DSE:PADMAOIL)

7.42%

★★★★★★

GakkyushaLtd (TSE:9769)

4.38%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.83%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

3.68%

★★★★★★

E J Holdings (TSE:2153)

3.82%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

5.15%

★★★★★★

Click here to see the full list of 1949 stocks from our Top Dividend Stocks screener.

Let’s dive into some prime choices out of the screener.

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

Overview: Park Elektrik Üretim Madencilik Sanayi ve Ticaret A.S., via its subsidiary Konya Ilgin Elektrik Üretim Sanayi ve Ticaret A.S., is engaged in the generation and sale of electricity in Turkey, with a market capitalization of TRY3.62 billion.

Operations: Park Elektrik Üretim Madencilik Sanayi ve Ticaret A.S. reports revenue of TRY438.20 million from its electricity generation and sales segment in Turkey.

Dividend Yield: 5.5%

Park Elektrik Üretim Madencilik Sanayi ve Ticaret’s dividend yield of 5.52% ranks in the top 25% of Turkish market payers, yet its sustainability is questionable due to lack of free cash flow coverage. Despite a payout ratio of 77.8%, dividends have been volatile over the past decade and not reliably growing. Recent earnings show improvement with TRY 7.14 million net income for Q3, but sales have slightly decreased year-over-year, indicating potential challenges ahead.

IBSE:PRKME Dividend History as at Dec 2024

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

Overview: Xinyi Glass Holdings Limited is an investment holding company that produces and sells glass products for automobile, construction, and industrial applications, with a market cap of approximately HK$34.77 billion.

Operations: Xinyi Glass Holdings Limited generates revenue from its key segments, including Float Glass at HK$20.30 billion, Automobile Glass at HK$6.25 billion, and Architectural Glass at HK$3.30 billion.

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