Best high yield dividend stocks: 10 High-Quality Stocks With Dividend Yields of 4% or More

The company has a network of approximately 550,000 agents globally and operates in more than 200 countries. Western Union operates three business segments, Consumer-to-Consumer , Business Solutions, and Other . This article examines the 7 highest yielding securities we track that have ‘reasonably safe or better’ dividends. Of course, not all high yielding securities make equally good investments.

That said, this REIT’s stats are impressive, and are worth noting. Realty Income provides investors with an increased distribution of 25.5 cents per share, previously 25.45 cents per share. Shareholders of record as of Apr. 3 will receive this distribution on Apr. 14. Accordingly, this dividend will make the 120th time Realty Income has increased its distribution since being publicly-listed in 1994. Indeed, if there’s any testament to the willingness of a management team to continue to provide outsized value to shareholders, this is it. This trust focuses on investing in detached office buildings in the U.K., Spain, and the U.S.

“Allergan adds strengths in medical aesthetics, neuroscience and eyecare.” “HBAN continues to grow its presence in its Midwest service area, which will be helped by its planned merger with Detroit-based TCF Financial,” the analysts write. More cautiously, Argus Research rates HBAN at Hold, citing pressure on loan quality in a low-interest-rate environment. Looking farther down the road, however, analysts Kevin Heal and Taylor Conrad do acknowledge the wisdom of the bank’s expansion strategy.

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“With zero exposure to the Las Vegas Strip, GLPI’s assets have seen a stronger recovery than the other gaming REITs.” Real estate investment trusts are required to distribute 90% of their taxable income every year. That makes them some of the most steady and generous dividend vehicles for income investors. “The strong momentum should continue through the rest of the year as demand lifts on successful vaccine rollout, stimulus package, restocking and pent-up demand.” Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

The ideal portfolio varies person to person, based on individual goals and timelines for those goals. Besides, many investors are better off buying index funds rather than individual stocks. Below is a list of the 25 highest-dividend stocks in the S&P 500, ordered by annual dividend yield.

Gladstone Commercial Corporation (NASDAQ:GOOD)

It’s latest increase – upping the quarterly dividend by a penny to $1.08 per share – was announced in August 2022. The most recent increase came in December 2022 when NUE lifted the quarterly disbursement by 2% to 51 cents per share. Nucor returns an average of about $480 million in cash to shareholders in dividends alone, year in and year out. Over the long haul, however, this Dividend Aristocrat’s shares have been a proven winner. That’s thanks in no small part to 31 consecutive years of dividend increases. ECL’s most recent hike came in December 2022, with a 4% increase in the quarterly payment to 53 cents per share.

When it comes to stocks with dividends, the pros are generally bullish on this one. Nine analysts rate CVX at Strong Buy, seven say Buy and 12 rate it at Hold, per S&P Global Market Intelligence. They project the company to generate average annual EPS growth of 23.5% over the next three to five years, thanks to easy year-over-year comparisons. After sifting through scores of names, these high-quality dividend stocks stood out for their generous payouts, solid fundamentals and analysts’ recommendations. Read on to learn more about 10 attractive stocks with dividends yielding at least 4%. As such, it’s imperative that investors keep a keen eye on the stability and reliability of their dividend-paying stocks – not just the generosity of their payouts.

However, Franklin has fought back in recent years by launching its first suite of passive exchange-traded funds. WST operates in a critical sector of the healthcare supply chain, manufacturing packaging components and delivery systems for injectable drugs and other medical products. Bulls note that demand for COVID-19 vaccines is boosting demand for the firm’s products. Meanwhile, the biopharmaceutical industry’s robust pipeline should support longer-term growth. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

Cincinnati Financial

The good news is that you don’t have to have a finance background to do the research you need to evaluate a dividend stock. Analyst consensus is the average investment recommendation among Wall Street research analysts. The tech retailer has made some sizable increases to its shareholder payout over the last few years. Best Buy shareholders collected a cumulative $2.20 per share in 2020, $2.80 in 2021 and $3.52 in 2022. KeyCorp is a holding company for commercial and consumer financial institution KeyBank National.

This is because investors want certainty that a company can maintain and perhaps even grow its dividend even if its overall financial conditions weaken. Payout Ratio – This tells investors how much of a company’s earnings goes towards the dividend. A higher number means that a company is applying more of its earnings towards its dividend.

Here are all 69 stocks, their total return since inception and the number of months since they first appeared in the top 10 list. The best way to create a strong high yield dividend portfolio is with a buy-and-hold strategy. This strategy forces you to think about the stocks you decide to invest your capital into as the plan is to hold the positions indefinitely. Applying this approach over the long term while focusing on potentially undervalued stocks allows investors to generate alpha through capital appreciation.

Recent monthly dividend Headlines

The top 10 stocks for February lost 2.51% last month, outperforming VYM that posted a loss of 3.51% and finishing in line with SPY that also fell 2.51%. He’s also written for Esquire magazine’s Dubious Achievements Awards. The company’s Frito-Lay division is known for Doritos, Tostitos, Rold Gold pretzels, and numerous other brands. As such, it’s seen by some investors as a bet on jobs growth, and tends to move ahead of any pick-up in hiring during and economic recovery. Indeed, CTAS has worked pretty well as a proxy for employment in the past.

• It also delivers reliable increases to its dividend each and every year.
• Meanwhile, the asset manager remains attractive as an income provider for investors looking for the best dividend stocks.
• The fund will then pay out dividends to you on a regular basis, which you can take as income or reinvest.
• MMM notes that it has returned more than $14 billion to shareholders through dividends and share repurchase over the past three years.
• The company generated levered free cash flow of $3.9 billion for the 12 months ended Sept. 30, 2022.
• To put today’s levels in historical perspective, the market’s dividend yield hasn’t touched such lows since 2001.

Of the 18 analysts covering the financial stock tracked by S&P Global Market Intelligence, five rate HBAN at Strong Buy, four say Buy and nine have it at Hold. They forecast the bank to deliver average annual EPS growth of nearly 43% over the next three to five years. LYB trades at just 6.4 times analysts’ next-12-months earnings estimate, according to S&P Global Market Intelligence. That’s about 33% below the stock’s own five-year average, per Refinitiv Stock Reports Plus. There’s no shortage of stocks with dividends these days, but not all of them are worth chasing. Financial performance of Restaurant Brands provides a compelling investment thesis for this stock on its own.

Other factors are also important, including the ability to continue funding dividends and growth prospects. And one person can give a greater weight to those individual factors than another person will. Designed for investors with a moderate-to-high risk tolerance, this portfolio optimizes for yield strength and dividend safety. Holdings conentration risk management strikes a balance between over-diversification, where owning too many stocks can dilute performance, and concentrated bets. The portfolio consists of 10 to 15 equally-weighted holdings, which may come from any of the eleven sectors and may include a variety of security types including stocks, REITs and MLPs.

The most recent payout in January, 2023 was $0.2625 per share, an increase of $0.0125 from the prior quarter. In 2018, HP’s quarterly dividend was $0.1393—it’s nearly doubled since then. The company’s board of directors sets the dividend amount and makes decisions about raising dividends over time.

In May 2022, the best high yield dividend stocks raised its annual base dividend 17% to $2.80 per share. The variable dividends in fiscal year 2022 to date have outpaced the base, totaling $6.16 per share. For example, a stock paying a $0.50 annual dividend that is currently priced at $50 per share has a dividend yield of 1%—the same as a stock priced at $200 that pays a $2 annual dividend. Look for dividend stocks that have delivered stable and growing earnings and revenue. Mid-America Apartment Communities is a residential REIT that develops, acquires and operates apartment complexes, primarily in the U.S. The company currently offers a decent dividend yield, and it’s seen solid growth in the annual dividend payout over the last five years.

It also mentioned that companies that raise their dividends during inflationary periods outperform the broader market because of positive investor sentiment. Dividend payout ratio is an indication of how sustainable a dividend is. A company that pays out 90% or more of its earnings probably can’t withstand a sizable downturn without cutting the dividend.

According to a report by JPMorgan Asset https://forex-world.net/, high-yielding dividend stocks have been generally less volatile over the last 15 years. The report also mentioned that 135 companies in the US have yields above 3% with attractive valuations than the broader market. MCD last raised its dividend in October 2022, when it lifted the quarterly payout by 10% to $1.52 a share. The company’s 10-year compound annual dividend growth rate stands at 7%. The report sheds light on the performance of dividend stocks during previous inflations.

The payout ratio rises and falls as a company’s earnings and dividend rates change. A reasonably low payout ratio of 60% or less indicates that a company’s dividend is sustainable. It is an all-round solid dividend stock, paying a 2% yield and growing the dividend amount by 6.7% per year on average. That’s the lowest dividend growth rate on the list, but still highly respectable. Amgen is a biotech company that develops drugs for cancer, inflammatory and renal diseases, asthma, and more. It has the second highest dividend yield on our list, and the annual dividend payout amount has increased at a decent clip over the last five years.