Blue chip steady businesses have historically proven to be a reliable source of revenue for investors. According to Ned Davis Research, approximately 40% of the S&P 500’s total return occurred as dividends between December 1929 and May 2022. The research also noted that throughout each decade in which the index’s annualized returns were less than 10%, dividends made up 76% of the entire return. According to Austin Graff, a co-chief investment officer at Titleist Asset Management, dividend equities perform better than their counterparts during unstable economic times. From 1978 to 2021, non-dividend payers had a return of 12.2% while dividend growers and initiators gained 13.8%. A consistent dividend yield indicates that the company can produce consistent income, which is profitable for shareholders. The Coca-Cola Company, The Proctor & Gamble Company, and PepsiCo, Inc. are among prominent dividend stocks in this context.
Insider Monkey selected10 high-yield dividend stocks for stable income. An American global tobacco corporation called Philip Morris International Inc. sells its goods in 180 different nations. Since its initial public offering in 2008, the company has continually increased its dividends, making it a fantastic high-yield dividend investment for steady income. An Illinois-based retailer called Walgreens Boots Alliance, Inc. operates retail drugstore chains in addition to other pharmaceutical businesses. The business has paid dividends on a regular basis for over 89 years, and over the past 47 years, it has continuously increased its payouts. The Texas-based energy infrastructure firm Kinder Morgan, Inc. is in charge of and owns oil and gas terminals and pipelines. The company has increased its dividend for five years running, and its FCF generation suggests that dividend hikes will continue. On a number of accounts, Verizon Communications Inc.’s Q2 profits fell short of analysts’ expectations, although the firm reported an increase in its overall broadband net adds. Operating cash flow generated by the corporation during the first half of 2022 totaled $17.7 billion. One of the biggest providers of cell phone services in the US is AT&T Inc., a multinational telecommunications corporation. It now distributes a quarterly dividend of $0.2775 per share. On September 16, the dividend yield for the shares was 6.62%. For more details, click 10 High-Yield Dividend Stocks For Stable Income.