What are the 10 best stocks that pay dividends?
(NYSE:VZ), and Bristol-Myers Squibb Company (NYSE:BMY) are some of the best dividend stocks in this regard as these companies have not only raised their dividends over the years but also maintain above-average yields, making them attractive options for investors seeking reliable income streams.
- Verizon: 6.4% yield. Verizon stock hasn't delivered for investors over the past few years; it's down 28% over the past five years, and that includes a 13% gain year to date. ...
- 3M: 5.8% yield. ...
- Dow Inc.: 4.9%
- 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.
| Stock | Market Cap | Current Dividend Yield |
|---|---|---|
| Diamondback Energy Inc. (FANG) | $35.9 billion | 4.0%* |
| Dick's Sporting Goods Inc. (DKS) | $17.2 billion | 2.1% |
| Hewlett Packard Enterprise Co. (HPE) | $23.3 billion | 2.9% |
| Pan American Silver Corp. (PAAS) | $6.1 billion | 2.4% |
(NYSE:VZ), and Bristol-Myers Squibb Company (NYSE:BMY) are some of the best dividend stocks in this regard as these companies have not only raised their dividends over the years but also maintain above-average yields, making them attractive options for investors seeking reliable income streams.
What is the highest-yielding Dividend King in 2024? As of Jan. 24, 2024, Altria had the highest yield, about 9.56% at recent prices.
Macy's, Inc.'s ( M ) ex-dividend date is March 14, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Macy's, Inc. ( M ) pays dividends on a quarterly basis.
| Stock | Forward dividend yield |
|---|---|
| Procter & Gamble Co. (PG) | 2.3% |
| Home Depot Inc. (HD) | 2.4% |
| Merck & Co. Inc. (MRK) | 2.5% |
| Chevron Corp. (CVX) | 4.4% |
| Symbol | Company Name | Stock Price |
|---|---|---|
| ADC | Agree Realty Corporation | 56.03 |
| PECO | Phillips Edison & Company, Inc. | 34.20 |
| MAIN | Main Street Capital Corporation | 47.32 |
| APLE | Apple Hospitality REIT, Inc. | 16.06 |
| S.No | Company Name | Close Price (₹) |
|---|---|---|
| 1 | Bajaj Holdings and Investment Ltd | 8,190.95 |
| 2 | IDFC Ltd | 115.30 |
| 3 | Tata Investment Corporation Ltd | 4,537.80 |
| 4 | Indian Energy Exchange Ltd | 136.80 |
Is Coca Cola a dividend stock?
The Coca-Cola Company's ( KO ) dividend yield is 3.26%, which means that for every $100 invested in the company's stock, investors would receive $3.26 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.
| Name | Price | Analyst Price Target |
|---|---|---|
| T AT&T | $17.42 | $20.89 (19.92% Upside) |
| IBM International Business Machines | $189.14 | $191.69 (1.35% Upside) |
| CVX Chevron | $161.60 | $175.64 (8.69% Upside) |
| EOG EOG Resources | $135.94 | $143.21 (5.35% Upside) |
| Stock | Trailing annual dividend yield* |
|---|---|
| Boston Properties Inc. (BXP) | 6.2% |
| Kinder Morgan Inc. (KMI) | 6.2% |
| AT&T Inc. (T) | 6.3% |
| Verizon Communications Inc. (VZ) | 6.3% |
| Company | Ticker | Years of dividend growth |
|---|---|---|
| Becton Dickinson | BDX | 52 |
| AbbVie | ABBV | 52 |
| Illinois Tool Works | ITW | 52 |
| PPG Industries | PPG | 52 |
| Stock | Dividend yield |
|---|---|
| Northwest Natural Holding Co. (NWN) | 5.4% |
| Hormel Foods Corp. (HRL) | 3.4% |
| Verizon Communications Inc. (VZ) | 6.7% |
| Mid-America Apartment Communities Inc. (MAA) | 4.5% |
The chart below shows that Coca-Cola, Pepsi, and Hormel all have a dividend yield close to 3%, giving investors $3 for every $100 invested. Additionally, dividend investors like to consider a company's payout ratio to assess the riskiness of the investment.
The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions. 7 In general, it pays to do your homework on stocks yielding more than 8% to find out what is truly going on with the company.
| Fund | Expense Ratio | 30-day SEC Yield |
|---|---|---|
| JPMorgan Equity Premium Income Fund (JEPAX) | 0.85% | 6% |
| Fidelity Floating Rate High Income Fund (FFRHX) | 0.72% | 8.8% |
| Baird Intermediate Bond Fund (BIMSX) | 0.55% | 4.2% |
| PGIM High Yield Fund (PBHAX) | 0.75% | 7.2% |
Most stocks that pay dividends pay them every three months, after the company releases its quarterly earnings report. However, others pay their dividends every six months (semi-annually) or once a year (annually). Some stocks also pay monthly, or on no set schedule — these are termed "irregular" dividends.
| Ex-Date | Amount | Frequency |
|---|---|---|
| Aug 18, 2022 | $1.42 | Quarterly |
| May 18, 2022 | $1.42 | Quarterly |
| Feb 14, 2022 | $1.42 | Quarterly |
| Nov 16, 2021 | $1.34 | Quarterly |
What months are most dividends paid?
Most companies pay dividends quarterly or semi-annually. They have specific payment dates on the last day of each quarter or every six months, respectively. For instance, Procter & Gamble (NYSE: PG) follows a quarterly schedule and often pays dividends in February, May, August and November.
It is possible to achieve financial freedom by living off dividends forever. That isn't to say it's easy, but it's possible.
The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.
Along with Johnson & Johnson (NYSE:JNJ), Pfizer Inc. (NYSE:PFE), and The Proctor and Gamble Company (NYSE:PG), Realty Income Corporation (NYSE:O) is one of the best retirement stocks to buy according to the media.
Dividend Summary
The next Coca-Cola Co dividend is expected to go ex in 2 months and to be paid in 3 months. The previous Coca-Cola Co dividend was 48.5c and it went ex 24 days ago and it was paid 6 days ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.9.
