What is the best historical dividend stock?
The Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL), and PepsiCo, Inc. (NASDAQ:PEP) are some of the best consistent dividend stocks as these companies have raised their dividends regularly for decades. In this article, we will further take a look at consistent dividend stocks.
- Telecom powerhouse Verizon Communications (NYSE: VZ) with a dividend yield of 6.7%
- Materials science veteran Dow Inc. (NYSE: DOW) showing a 5.1% yield.
- Energy giant Chevron (NYSE: CVX) sporting a dividend yield of 4.2%
- Johnson & Johnson. Johnson & Johnson (NYSE: JNJ) has been a favorite for income investors for decades. ...
- Target. Target (NYSE: TGT) has been in business since 1902. ...
- Verizon Communications. Verizon Communications (NYSE: VZ) is the newbie on the list.
| Company (Ticker) | Sector | Annual Dividend Yield |
|---|---|---|
| Comcast Corp. (CMCSA) | Communication services | 3.14% |
| Bristol-Myers Squibb Co. (BMY) | Health care | 9.29% |
| Altria Group Inc. (MO) | Consumer staples | 8.66% |
| Marathon Petroleum Corp. (MPC) | Energy | 1.84% |
| Symbol | Company name | Forward dividend yield (annual) |
|---|---|---|
| EFC | Ellington Financial | 12.89% |
| EPR | EPR Properties | 8.43% |
| APLE | Apple Hospitality REIT | 6.71% |
| O | Realty Income Corp. | 6.00% |
| Stock | Yield | Dividend Growth Streak |
|---|---|---|
| Johnson & Johnson (JNJ) | 3.4% | 62 |
| Walmart Inc. (WMT) | 1.3% | 51 |
| Procter & Gamble Co. (PG) | 2.4% | 68 |
| Colgate-Palmolive Co. (CL) | 2.1% | 62 |
| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| Nvidia (NVDA) | 1.31 | Strong Buy |
| Amazon.com (AMZN) | 1.32 | Strong Buy |
| Emerson Electric (EMR) | 1.32 | Strong Buy |
| Microsoft (MSFT) | 1.33 | Strong Buy |
- 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.
The Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL), and PepsiCo, Inc. (NASDAQ:PEP) are some of the best consistent dividend stocks as these companies have raised their dividends regularly for decades. In this article, we will further take a look at consistent dividend stocks.
According to an analysis by Newton Investment Management, high-yield dividend stocks outperformed the market overall during inflationary periods between 1940 and 2021. However, yields within the 3% to 7% range are generally considered healthy.
What are the cheapest stocks that pay the highest dividends?
| Dividend Stock | Market Capitalization | Forward Dividend Yield* |
|---|---|---|
| Granite Ridge Resources Inc. (GRNT) | $838 million | 6.9% |
| LXP Industrial Trust (LXP) | $2.6 billion | 5.9% |
| Medical Properties Trust (MPW) | $3.5 billion | 10.3% |
| NatWest Group PLC (NWG) | $35.5 billion | 5.3% |
- Bank of America (BAC), 1.03 billion.
- Apple (AAPL), 789.4 million.
- Coca-Cola (KO), 400 million.
- Kraft Heinz (KHC), 325.6 million.
- Occidental Petroleum (OXY), 248 million.
- American Express (AXP), 151.6 million.
- Chevron (CVX), 122.9 million.
Despite their storied histories, they cut their dividends. 9 In other words, dividends are not guaranteed and are subject to macroeconomic and company-specific risks. Another downside to dividend-paying stocks is that companies that pay dividends are not usually high-growth leaders.
- Exxon Mobil XOM.
- Verizon Communications VZ.
- Johnson & Johnson JNJ.
- Comcast CMCSA.
- Medtronic MDT.
- Duke Energy DUK.
- PNC Financial Services PNC.
- Kinder Morgan KMI.
- Coal India Ltd. ...
- Oil and Natural Gas Corporation Ltd. ...
- HCL Technologies Ltd. ...
- Power Grid Corporation of India Ltd. ...
- Bharat Petroleum Corporation Ltd. ...
- Infosys Ltd. ...
- ITC Ltd.
Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account. This substantial amount is due to savings accounts' relatively low return rate.
- Eli Lilly: 1885. Eli Lilly has been paying investors a dividend since 1885. ...
- Coca-Cola: 1893. Soft drink giant Coca-Cola is a top dividend growth stock. ...
- Toronto-Dominion Bank: 1857.
- 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%
Part of the reason why Buffett has been so successful when it comes to dividend investing is his patience and a keen eye to spot strong businesses. Buffett doesn't invest just for dividends.
| Stock | 2024 Return Through May 31 |
|---|---|
| Trump Media & Technology Group Corp. (DJT) | 180.5% |
| Avidity Biosciences Inc. (RNA) | 196.8% |
| Novavax Inc. (NVAX) | 213.1% |
| Summit Therapeutics Inc. (SMMT) | 232.9% |
What is the best dividend stock to buy and hold for long-term?
Johnson & Johnson (NYSE:JNJ), The Procter & Gamble Company (NYSE:PG), and The Coca-Cola Company (NYSE:KO) are some of the best dividend stocks for long-term investments as these companies have raised their payouts for decades, which shows their sound financial position.
- Airbnb, Inc. ( NASDAQ:ABNB)
- Novo Nordisk A/S (NYSE:NVO)
- ASML Holding N.V. (NASDAQ:ASML)
- Lockheed Martin Corporation (NYSE:LMT)
- Cisco Systems, Inc. ( NASDAQ:CSCO)
- PDD Holdings Inc. ( NASDAQ:PDD)
- The Home Depot, Inc. ( NYSE:HD)
- Booking Holdings Inc. ( NASDAQ:BKNG)
York Water (YORW): The oldest investor-owned utility also has a better than 200-year record of paying dividends. Stanley Black & Decker (SWK): The world's biggest tool company owns some of the best-known hand and power tool brands.
a) Preferred stock.
A preferred stock pays constant and non growing dividends and hence the common stock can be valued as a preferred stock.
| Rank | Company (Ticker) | Dividend Yield |
|---|---|---|
| 1 | Walgreens Boots Alliance (WBA) | 9.9% |
| 2 | Altria (MO) | 8.9% |
| 3 | Boston Properties (BXP) | 6.8% |
| 4 | Verizon (VZ) | 6.7% |
