If you are an investor that is out there in the market to make regular income, then a dividend stock is a good way to start. It is with the aid of dividend stocks that a portion of the earnings of a company is shared among investors on a regular basis. Dividend stocks normally add value to your income portfolio.
If an investor wants to buy a dividend stock, he should ensure that the companies dividend payments are sustainable. In the course of this article, we will be reviewing the 20 best high-yielding dividend stocks.
This is a high-yielding dividend stock with a payout of about 225%. It has a dividend yield of 4.4 % with its annual dividend amount being $5.20. This high-yielding dividend stock has had an excellent record in the market since its spinoff from Abbott Labs in 2013.
2. AvalonBay Communities
This is a company that makes a profit from collecting steady rental income to support its high-yielding payout to investors. The income portfolio of this stock is what makes it worth investing in. The dividend yield of this company is 2.8%, while its annual dividend amount is $6.36.
3. Brookfield Renewable
This is a company that is related to Brookfield Infrastructure. Both companies are controlled by Brookfield Asset Management. They are a business group that focuses on renewable energy. It is important to note that the annual dividend amount of the Brookfield renewable is $1.22, while its dividend yield is 3%.
4. Brookfield Infrastructure
Brookfield is a business in America that is focused on a lot of income portfolios such as utilities, transportation, data, and energy midstream. The Brookfield Infrastructure has its ways of generating a stable cash flow so that it can support its dividend. As an investor, it is important to note that the Brookfield infrastructure has an annual dividend amount of $2.04, and a dividend yield of 3.6%.
5. Consolidated Edison
Consolidated Edison is an electric and gas business that is focused in the New York metro area. In the United States of America, they are the second-largest solar energy developer. They have an annual dividend amount of $3.10 and a dividend yield of 4%.
6. Crown Castle International
Crown Castle International is a business that is focused on owning communications infrastructure in the United States of America. Some of this infrastructure include; cell towers, fiber optic cable, and small cells. Crown Castle Company has an annual dividend amount of $5.32 and a dividend yield of 2.7%.
7. Digital Realty
Digital Realty is a REIT that maintains data centers. This is an organization in the USA that has an excellent dividend history. The annual dividend amount of Digital Realty is $4.64, while its dividend yield is 2.9%.
Enbridge is a Canadian oil pipeline company that has had an outstanding dividend stock for some years. This oil company has been able to expand its payout in each of the past 26 years by a 10% compound annual rate. The annual dividend amount of Enbridge is $3.4 while the dividend yield is 6.8%.
9. Enterprise Product Partners
Enterprise Products Partners is a company that ranks as one of the top game players in the oil and gas market of the USA. It has been able to increase its payout for more than 20 consecutive years. This company Focuses on fossil fuels and has future investments that can keep its dividend stocks on the rise. It is important to note that the annual dividend amount of Enterprise products partners is $1.80, while the dividend yield is 8%
10. Gilead Sciences
In the biotechnological sector of the United States of America, Gilead Sciences is a company that pays one of the most attractive dividends. They have a perfect dividend track record and have been able to increase their peers since it started paying one in the year 2015. The annual dividend amount of Gilead Sciences Company is 2.8 for US dollars while the dividend yield is 3.9%.
Intel is a tech giant that has constantly increased its dividend over the years. This chipmaker company does not hike its dividend every year but has been able to give investors a raise in most of the 27 years of its payment of dividends.
12. Johnson & Johnson
Johnson & Johnson is a healthcare giant in the United States of America. It is important to note that for nearly 60 straight years they have been able to increase their dividend. This healthcare giant in America has a dividend yield that is growing on a steady basis. The annual dividend amount of the Johnson & Johnson healthcare company is $4.24, while its dividend yield is 2.4%.
13. Medical Properties Trust
Medical properties trust is a company that deals in the ownership of hospitals. What they do is to acquire hospitals from the Healthcare systems, and list them back to healthcare operators. With this business approach, they have been able to increase their cash flow, portfolio and dividend. The annual dividend amount of medical properties Trust is $1.72, while the annual yield is 5.6%.
This is a brand that is based in the United States of America and specializes as an industrial conglomerate. Over the years, they have been able to invest in new products, expand their sales and increase their dividend on a yearly basis. The annual dividend yield of 3M is 3%.
Pfizer is a brand in America that has been able to pay dividends for more than 330 consecutive quarters. They are a pharmaceutical giant that is based in the USA and runs their business in a way that generates plenty of cash to finance future dividends. It is important for an investor to note that the annual yield of Pfizer is 3.1%.
16. Procter & Gamble
Procter & Gamble is a consumer staples giant in the United States of America. They have been able to increase their dividend for the past 65 years. For past decades, they have been developing household products that meet the consumer needs of USA citizens. It is important to note that the dividend yield of Procter & Gamble is 2.4%.
17. Realty Income
This is a brand that has made over 600 consecutive dividend payments. Since Realty Income went IPO in 1994, they have been able to expand their business at more than a 4% compound rate. The dividend yield of Realty Income is 3.9%.
18. Verizon Communications
Verizon is a telecommunication giant in the USA that has been a good income stock over the years. As the telecommunications company is investing in network transition to 5G, they are gaining a larger customer base and profit. The dividend yield of Verizon is 4.5%.
19. Walgreens Boots Alliance
Walgreens is a pharmaceutical giant that has paid dividends for more than 88 years. They have been able to increase the number of stores that they have scattered across the USA, and around the world. As of 2021, Walgreens had over 21,0000 stores worldwide. This has given them a steady cash flow that allows them to pay tangible dividends to investors. It is important to note that the dividend yield of Walgreens Boots Alliance is 3.9%.
20. W.P. Carey
W.P.Carey is a company that is a real estate giant in America. They have a diverse real estate portfolio and a good dividend record that has managed to increase its payout since it went IPO in 1988. The dividend yield of W.P.Carey is 5.3%.