1. AT&T Inc. (T) – AT&T is a telecommunications company that offers a high dividend yield of around 6.9%.
2. Exxon Mobil Corporation (XOM) – Exxon Mobil is an oil and gas company with a dividend yield of approximately 6.7%.
3. Verizon Communications Inc. (VZ) – Verizon is a telecommunications company with a dividend yield of around 4.2%.
4. Procter & Gamble Co. (PG) – Procter & Gamble is a consumer goods company that pays a dividend yield of about 2.7%.
5. Johnson & Johnson (JNJ) – Johnson & Johnson is a healthcare company with a dividend yield of approximately 2.6%.
6. Pfizer Inc. (PFE) – Pfizer is a pharmaceutical company with a dividend yield of around 3.9%.
7. Coca-Cola Company (KO) – Coca-Cola is a beverage company with a dividend yield of about 3.1%.
8. 3M Company (MMM) – 3M is a diversified technology company that pays a dividend yield of approximately 2.6%.
9. IBM (IBM) – IBM is a technology company with a dividend yield of around 4.7%.
10. McDonald’s Corporation (MCD) – McDonald’s is a fast-food restaurant company with a dividend yield of about 2.2%.
Important facts about dividend paying stocks:
– Dividend yield is a key metric to assess the attractiveness of a stock for income investors. It is calculated by dividing the annual dividend per share by the stock price.
– Dividends are typically paid quarterly by companies to their shareholders as a way of sharing profits. They can provide a steady income stream for investors, especially during periods of market volatility.
– Dividend aristocrats are companies that have a track record of consistently increasing their dividends for at least 25 consecutive years. These companies are highly regarded by income investors for their reliability and stability.
– Dividend stocks are generally considered less volatile than non-dividend paying stocks, making them a popular choice for conservative investors seeking steady income and capital preservation.
– Investors should conduct thorough research and analysis before investing in dividend paying stocks, considering factors such as the company’s financial health, dividend history, payout ratio, and growth prospects.