What are the top 10 dividend stocks to buy?
Microsoft only yields 0.7%, but it pays the most dividends of any U.S.-based company. Microsoft's low yield is due to its outperforming stock price, not a lack of commitment to dividend raises. Since fiscal 2019, Microsoft has raised its dividend by 9% to 11% every year like clockwork.
| Stock (ticker) | 3-Year Avg. Ann. Dividend Growth |
|---|---|
| Target Corporation (TGT) | 17.4% |
| Domino's Pizza Inc. (DPZ) | 15.8% |
| Marsh & McLennan Companies, Inc. (MMC) | 15.2% |
| Automatic Data Processing, Inc (ADP) | 14.6% |
| Stock | Forward dividend yield |
|---|---|
| Exxon Mobil Corp. (XOM) | 3.5% |
| Johnson & Johnson (JNJ) | 3% |
| Procter & Gamble Co. (PG) | 2.3% |
| Home Depot Inc. (HD) | 2.4% |
| Stock | Implied Upside Over March 20 Close | Forward Dividend Yield |
|---|---|---|
| Orange SA (ORAN) | 12% | 6.5% |
| Telefonica SA (TEF) | 5.1% | 7.6% |
| Nokia Corp. (NOK) | 53.2% | 3.6% |
| Regions Financial Corp. (RF) | 11.3% | 4.9% |
- Verizon Communications VZ.
- Philip Morris International PM.
- PepsiCo PEP.
- Altria Group MO.
- Bristol-Myers Squibb BMY.
- Medtronic MDT.
- Gilead Sciences GILD.
- Pioneer Natural Resources PXD.
Microsoft only yields 0.7%, but it pays the most dividends of any U.S.-based company. Microsoft's low yield is due to its outperforming stock price, not a lack of commitment to dividend raises. Since fiscal 2019, Microsoft has raised its dividend by 9% to 11% every year like clockwork.
| 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% |
The four stocks on the NYSE or Nasdaq with the highest forward dividend yield that also trade for $25 or less as of March 2024 include Petrobras, Jiayin Group, Great Elm Capital Corp., and Angel Oak Mortgage REIT.
The Coca-Cola Company's ( KO ) dividend yield is 3.21%, which means that for every $100 invested in the company's stock, investors would receive $3.21 in dividends per year. The Coca-Cola Company's payout ratio is 74.22% which means that 74.22% of the company's earnings are paid out as dividends.
| Stock | Sector | Dividend Yield* |
|---|---|---|
| PepsiCo Inc. (ticker: PEP) | Consumer defensive | 3% |
| Dow Inc. (DOW) | Materials | 5.2% |
| American Express Co. (AXP) | Financials | 1.1% |
| Johnson & Johnson (JNJ) | Health care | 3% |
What stocks have always paid dividends?
- E I Du Pont De Nemours And Co (DD) -- NO. ...
- General Mills, Inc. ...
- Edison International (EIX) -- NO. ...
- Johnson Controls Inc. ...
- Church & Dwight Co., Inc. ...
- Stanley Black & Decker, Inc. ...
- Exxon Mobil Corporation (XOM) -- NO. ...
- Eli Lilly and Co (LLY) -- YES.
It is possible to achieve financial freedom by living off dividends forever. That isn't to say it's easy, but it's possible.
Visa Inc (NYSE:V)
In addition to Visa, Warren Buffett also enjoys dividends from Chevron Corp (NYSE:CVX), Coca-Cola Co (NYSE:KO) and American Express Company (NYSE:AXP).
| Company Name | LTP | % Change |
|---|---|---|
| DIL | 7.8 | 1.30 |
| Kanani Industries | 3.9 | 4.00 |
| Dynamic Cables Ltd | 380.55 | 1.08 |
| Hilton Metal Forging | 110.7 | 0.82 |
To have a perfect portfolio to generate $1000/month in dividends, one should have at least 30 stocks in at least 10 different sectors. No stock should not be more than 3.33% of your portfolio. If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1000/month.
- Don't chase high dividend yields. "There's a reason—and not always a good one—that a security is offering payouts that are well above its peers or the broader market," Steve says. ...
- Assess the payout ratio. ...
- Check the balance sheet. ...
- Look at dividend growth. ...
- Understand sector risk. ...
- Consider a fund.
Microsoft (NASDAQ: MSFT), Coca-Cola (NYSE: KO), Procter & Gamble (NYSE: PG), Chevron (NYSE: CVX), Home Depot (NYSE: HD), JPMorgan Chase (NYSE: JPM), and United Parcel Service (NYSE: UPS) represent their industries well and are all top dividend stocks you can count on for decades to come.
Growth Investing
Unlike dividend investing, with growth stocks, money remains invested in the company and is not paid out in periodic intervals.
Dividend King #1: The Coca-Cola Company
KO has also earned a place as the longest-held stock in Warren Buffett's Berkshire Hathaway portfolio. Coca-Cola has paid and increased dividends for the past 62 years, including the most recent increase this month.
Let's say you find an investment with a 5% dividend yield. To calculate how much you need to invest, divide the desired monthly dividend income ($1,000) by the dividend yield (5%). In this case, you would need to invest $20,000 to generate $1,000 in monthly dividends.
Which stock gives highest return in 1 month?
| S.No. | Name | 1mth return % |
|---|---|---|
| 1. | Diamond Power | 45.37 |
| 2. | Fischer Chemic | 45.29 |
| 3. | Rico Auto Inds | 44.41 |
| 4. | Last Mile Enter. | 41.55 |
They're paid out of the earnings and profits of the corporation. 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.
AGNC isn't a great option for investors looking to generate a reliable stream of dividend income. In fact, if you bought it and used the dividend for daily living expenses you would have ended up with less income and less capital.
| Stock | Expected Change in Stock Price* |
|---|---|
| Tesla Inc. (TSLA) | 61% |
| Mastercard Inc. (MA) | 14.2% |
| Salesforce Inc. (CRM) | 7.2% |
| Advanced Micro Devices Inc. (AMD) | 11.3% |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Authum Invest | 771.35 |
| 2. | Waaree Renewab. | 1469.65 |
| 3. | Praveg | 930.45 |
| 4. | Diamond Power | 501.75 |
