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Top Dividends to Watch in December 2024

As global markets continue to reach new highs, with indices such as the Dow Jones Industrial Average and the S&P 500 marking significant gains, investors are closely monitoring economic policies and national developments that may impact future market volatility. In this environment of strong market performance and changing economic indicators, identifying strong equity stocks is important for those looking for stable income streams amid potential volatility.

Name

Dividend Yield

Estimated Budget

Tsubakimoto Chain (TSE:6371)

4.22%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.17%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Yamato Kogyo (TSE:5444)

3.89%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.62%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.90%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.87%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.38%

★★★★★★

EJ Holdings (TSE:2153)

3.90%

★★★★★★

Click here to see the full list of 1966 stocks from our Top Stocks explorer.

Let's explore a few options that stand out from the results on the screen.

Simply Wall St Dividend Ratio: ★★★★★☆

Overview: Zhongshan Broad-Ocean Motor Co., Ltd. operates in the automotive systems business in China and has a market cap of CN¥13.29 billion.

Activities: Zhongshan Broad-Ocean Motor Co., Ltd. generates revenue primarily from its automotive systems business in China.

Share Profit: 3.3%

Zhongshan Broad-Ocean Motor's dividend payouts are well covered by both earnings and cash flow, with a payout ratio of 59.5% and a cash payout ratio of 30.3%. Despite this coverage, the company's share history has been volatile over the past decade, although dividends have generally increased. A recent share buyback program worth up to CNY 200 million may reflect confidence in its financial position. Profit grew significantly by CNY 138.23 million year-on-year to CNY 670.59 million in the nine months ended September 2024, supporting potential future gains despite previous volatility concerns.

SZSE:002249 Classification History since Dec 2024

Simply Wall St Dividend Ratio: ★★★★★☆

Overview: Yutaka Giken Co., Ltd. manufactures and sells auto parts throughout Japan, North America, China, Asia, and other international markets with a market value of ¥27.43 billion.

Activities: Profit parts of Yutaka Giken Co., Ltd. they are ¥36.30 billion from Asia, ¥65.04 billion from China, ¥43.07 billion from Japan, and ¥71.10 billion from North America.


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