Best Dividend Stocks Right Now


In the global pandemic, many investors turned to dividend stocks to cope with the economic downfall. While most beginner investors believe in investing in high-paying dividend stocks because of their low risk and greater potential for capital gains, the best strategy is to invest in dividend stocks for the long term to generate income. Investing in P&G would be more feasible than investing in a high-yield dividend stock with a weak dividend history. Most investors started relying on dividend stocks as a steady source of income. Insider Monkey looks at the 15 Best Dividend Stocks Right Now.

Amgen, Inc. is one of the leading biotechnology companies worldwide. Based in California, the company is behind top-selling drugs like XGEVA, Aranesp, and Enbrel. Also, Newmont Corporation focuses on mining essential metals such as silver, lead, and copper. The company’s revenue in the full year 2020 came in at $11,497 million. International Business Machine Corp is a tech company that has consistently rewarded its shareholders with a dividend for a total of 21 years. In 2020, the company announced its plans to diversify its operations with a cloud computing company. The company will temporarily be named NewCo. The shares of Blackrock climbed 76.41% over the last twelve months. Markel Gayner Asset Management is the biggest stakeholder of the stock, with 220 thousand shares, worth $158 million. Lockheed Martin Corporation was recently awarded by the Missile Defense Agency a $3.7 billion contract to create the Next Generation Interceptor (NGI), an advanced missile defence system. Texas Instruments Incorporated has been paying a dividend since 2004, with a growth rate of 26% from 2004-2020. As of April 7, the company offers a dividend yield of 2.10%. Ranking ninth on this list, PepsiCo started paying dividends regularly in 1965 and 2020; it rewarded its shareholders with their 48th consecutive annual dividend increase. Global semiconductor leader Broadcom, Inc. ranks 8th in Insider Monkey’s list of the 15 best dividend stocks right now. The IT and networking company Cisco Systems Inc. ranks 7th in Insider Monkey’s list of 15 best dividend stocks right now. What are companies topmost on the list? Check out the original article 15 Best Dividend Stocks Right Now.