What are the top 5 dividend stocks to buy?
Right now, Pfizer (NYSE: PFE) and Altria Group (NYSE: MO) stand out among dividend stocks. Both have raised their payouts every year for over a decade. Plus, they offer yields above 6% at the moment, and there's a good chance they'll keep raising their payouts over the long run.
Right now, Pfizer (NYSE: PFE) and Altria Group (NYSE: MO) stand out among dividend stocks. Both have raised their payouts every year for over a decade. Plus, they offer yields above 6% at the moment, and there's a good chance they'll keep raising their payouts over the long run.
| Stock | Dividend yield | Dividend growth streak |
|---|---|---|
| Procter & Gamble Co. (PG) | 2.4% | 68 years |
| 3M Co. (MMM) | 6.5% | 65 years |
| Coca-Cola Co. (KO) | 3.3% | 61 years |
| Johnson & Johnson (JNJ) | 3.2% | 61 years |
| Name | Price | Analyst Price Target |
|---|---|---|
| T AT&T | $16.31 | $20.89 (28.08% Upside) |
| XRX Xerox | $16.85 | $18.50 (9.79% Upside) |
| IBM International Business Machines | $182.27 | $192.67 (5.71% Upside) |
| CVX Chevron | $158.96 | $181.87 (14.41% Upside) |
| Company | Dividend Yield |
|---|---|
| Flushing Financial Corp. | 8.00% |
| Kearny Financial Corp. | 7.81% |
| Chord Energy Corp | 7.66% |
| Insteel Industries, Inc. | 7.62% |
- ARMOUR Residential REIT – 20.7%
- Orchid Island Capital – 17.8%
- AGNC Investment – 14.8%
- Oxford Square Capital – 13.7%
- Ellington Residential Mortgage REIT – 13.2%
- SLR Investment – 11.5%
- PennantPark Floating Rate Capital – 10%
- Main Street Capital – 7%
- Tata Consultancy Services Ltd. ...
- HDFC Bank Ltd. ...
- ICICI Bank Ltd. ...
- Hindustan Unilever Ltd. ...
- ITC Ltd. ...
- State Bank of India. ...
- Infosys Ltd. ...
- Housing Development Finance Corporation Ltd.
| Dividend Stock | Current Dividend Yield* | Analysts' Implied Upside* |
|---|---|---|
| JPMorgan Chase & Co. (ticker: JPM) | 2.3% | 2.8% |
| Home Depot Inc. (HD) | 2.5% | 10.5% |
| Procter & Gamble Co. (PG) | 2.4% | 15.4% |
| Johnson & Johnson (JNJ) | 3.1% | 25.3% |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Guj. Themis Bio. | 384.95 |
| 2. | Refex Industries | 139.05 |
| 3. | Tanla Platforms | 985.45 |
| 4. | M K Exim India | 75.90 |
| Stock | Market Capitalization | 12-month Trailing Dividend Yield |
|---|---|---|
| Gladstone Investment Corp. (GAIN) | $500 million | 6.9% |
| Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
| LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
| Realty Income Corp. (O) | $44 billion | 6.4% |
What are the top 3 dividend stocks?
- Hercules Capital: 10.4% dividend yield. ...
- Horizon Technology Finance Corporation: 11.7% dividend yield. ...
- Ares Capital: 9.4% dividend yield.
The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years. Coca-Cola management is well aware that the dividend is a big part of the stock's attraction.
| Stock | Dividend yield |
|---|---|
| Verizon Communications Inc. (VZ) | 6.7% |
| Mid-America Apartment Communities Inc. (MAA) | 4.5% |
| Grupo Aeroportuario del Pacifico SAB de CV (PAC) | 5.7% |
| United Micro Electronics (UMC) | 7.0% |
The Bottom Line. If you plan to invest in dividend stocks, look for companies that boast long-term expected earnings growth between 5% and 15%, strong cash flows, low debt-to-equity ratios, and competitive strength moving forward.
Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
Yes, there are a lot of advantages. However, there's also a price to pay for those benefits. The most obvious advantage of dividend investing is that it gives investors extra income to use as they wish. This income can boost returns by being reinvested or withdrawn and used immediately.
| Stock | Implied Upside Over March 20 Close | Forward Dividend Yield |
|---|---|---|
| Telefonica SA (TEF) | 5.1% | 7.6% |
| Nokia Corp. (NOK) | 53.2% | 3.6% |
| Regions Financial Corp. (RF) | 11.3% | 4.9% |
| Healthpeak Properties Inc. (DOC) | 19.5% | 6.8% |
The Coca-Cola Company ( KO ) pays dividends on a quarterly basis. The Coca-Cola Company ( KO ) has increased its dividends for 52 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Motherson Wiring | 69.60 |
| 2. | I R C T C | 1057.65 |
| 3. | Lloyds Metals | 696.75 |
| 4. | Hindustan Zinc | 431.95 |
Dividend kings are an elite group of stocks that have increased their dividends every year for at least 50 years in a row.
Which stock will boom in 2024?
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
Can an investor really get rich from dividends? The short answer is “yes”. With a high savings rate, robust investment returns, and a long enough time horizon, this will lead to surprising wealth in the long run. For many investors who are just starting out, this may seem like an unrealistic pipe dream.
Buffett loves it when he does not have to touch his stakes and let the investments do all the work. He believes his investments are rewarded when the companies he has invested in increase dividends and focus on shareholder returns.
One downside to investing in stocks for the dividend is an eventual cap on returns. The dividend stock may pay out a sizable rate of return, but even the highest yielding stocks with any sort of stability don't pay out more than ~10% annually in today's low interest rate environment, except in rare circ*mstances.
The importance is relative and specific to each investor. If you only care about identifying which stocks have performed better over a period of time, the total return is more important than the dividend yield. If you are relying on your investments to provide consistent income, the dividend yield is more important.
