S&P/ASX 200 Index (ASX: XJO) dividend shares have been drawing increasing investor interest this year.
With inflation and interest rates on the rise, more investors are after quality income stocks.
The Holy Grail for any dividend stock is not only one that pays a reliable dividend, but also one that offers share price growth.
Below, we look at three stocks that more than fit that bill in November.
Copper and gold shining bright
Kicking off the list is Evolution Mining Ltd (ASX: EVN).
Evolution pays a 2.2% yield, fully franked, and the ASX 200 dividend share gained 29.3% in November.
Evolution enjoyed some solid tailwinds over the month from rebounding gold and copper prices, two of its primary focuses.
The miner trended higher throughout the month and received another big leg up on 24 November. That's when it reported intersecting "significant new copper-gold extensions" at its wholly owned Ernest Henry mine, located in Queensland.
This ASX 200 dividend share leapt 36% higher last month
Next up is Canadian iron ore miner Champion Iron Ltd (ASX: CIA).
Champion Iron has a current market cap of $3.3 billion and pays a trailing dividend yield of 3.5%, unfranked.
The ASX 200 dividend share rocketed 35.9% in November without releasing any price-sensitive news. Its stellar performance looks to have been driven by a big increase in the iron ore price.
The industrial metal was trading for approximately US$81 per tonne on 1 November and closed the month at US$103 per tonne.
Which brings us to…
November's best-performing ASX 200 dividend share
The best share price gains by any ASX 200 income stock in November were delivered by Origin Energy Ltd (ASX: ORG).
The energy stock pays a 3.7%, partly franked trailing yield and gained a whopping 41.1% over the month.
Origin got a huge boost on 10 November when the company announced it had received an indicative, conditional, and non-binding proposal from Brookfield Asset Management and MidOcean Energy.
The acquisition proposal valued Origin at $9.00 per share, to be paid in cash. That was 54.9% higher than the Origin share price on 10 November, which saw the ASX 200 dividend share close 34.8% higher on the day.
