Dividend Stocks To Enhance Your Portfolio November 2024

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As global markets experience broad-based gains with U.S. indexes approaching record highs and positive economic indicators such as declining jobless claims, investors are increasingly optimistic despite geopolitical uncertainties. Amidst this backdrop, dividend stocks can offer a stable income stream and potential for growth, making them an attractive option for enhancing portfolios in today’s market environment.

Name

Dividend Yield

Dividend Rating

Guaranty Trust Holding (NGSE:GTCO)

6.78%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.47%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.17%

★★★★★★

CAC Holdings (TSE:4725)

4.57%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.69%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.41%

★★★★★★

James Latham (AIM:LTHM)

6.06%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.30%

★★★★★★

DoshishaLtd (TSE:7483)

3.80%

★★★★★★

Banque Cantonale Vaudoise (SWX:BCVN)

4.88%

★★★★★★

Click here to see the full list of 1948 stocks from our Top Dividend Stocks screener.

Let’s explore several standout options from the results in the screener.

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

Overview: Zippy Technology Corp., along with its subsidiaries, designs, manufactures, and trades micro switches and power supplies across Taiwan, the United States, China, Germany, Italy and other international markets with a market cap of NT$10.41 billion.

Operations: Zippy Technology Corp.’s revenue is primarily derived from its micro switches and power supplies business across various international markets.

Dividend Yield: 4.4%

Zippy Technology trades at 47.1% below its estimated fair value, offering potential value for investors. Its dividend payments are covered by both earnings (payout ratio: 73.4%) and cash flows (cash payout ratio: 52.7%), but the dividend yield of 4.35% is slightly below the top tier in Taiwan’s market. Despite recent earnings growth, Zippy’s dividends have been volatile over the past decade, indicating an unstable track record for reliable income generation.

TWSE:2420 Dividend History as at Nov 2024

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

Overview: Sercomm Corporation researches, develops, manufactures, and sells networking communication software and equipment across North America, Europe, and the Asia Pacific with a market cap of NT$32.17 billion.

Operations: Sercomm Corporation generates revenue of NT$58.99 billion from its Computer Networks segment.

Dividend Yield: 4.5%

Sercomm’s dividend yield is among the top 25% in Taiwan, though its dividend history has been volatile and unreliable over the past decade. Despite this, dividends are well-covered by earnings and cash flows, with payout ratios of 58.2% and 56.8%, respectively. The stock trades below fair value estimates, suggesting potential investment appeal. Recent earnings showed a decline in sales and net income compared to last year, highlighting some financial challenges.

TWSE:5388 Dividend History as at Nov 2024

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

Overview: WW Holding Inc. manufactures and sells sports equipment, clothing, accessories, handbags, belts, suitcases, and leather accessories in various international markets including the United States and Mainland China; it has a market cap of NT$6.94 billion.

Operations: WW Holding Inc.’s revenue segments include sports equipment, clothing, and accessories; handbags; belts; suitcases; and leather accessories across markets such as the United States, Mainland China, Belgium, France, Germany, and other international regions.

Dividend Yield: 5%

WW Holding’s dividend yield is in the top 25% of Taiwan’s market, supported by a reasonable payout ratio of 50.4% and a cash payout ratio of 40.2%. Despite only eight years of payments, dividends have been volatile. The stock trades below fair value estimates, offering potential appeal. Recent earnings showed increased sales but a decline in quarterly net income to TWD 140.4 million from TWD 226.46 million last year, indicating mixed financial performance.

TWSE:8442 Dividend History as at Nov 2024
  • Click this link to deep-dive into the 1948 companies within our Top Dividend Stocks screener.

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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.

Companies discussed in this article include TWSE:2420 TWSE:5388 and TWSE:8442.

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