Top 20 U.S. Dividend Stocks for 2024
This post is written for investors passionate about dividend investing. If you're interested in U.S. dividend stocks that offer high yields, consistent payouts, and long-term growth potential, you've come to the right place. We've compiled a list of the Top 20 Dividend Stocks for 2024 in the U.S. stock market based on stringent criteria.
Criteria for Selecting Dividend Stocks
The selection process was guided by the following five key principles, reflecting my 20+ years of experience in dividend investing. While individual preferences may vary, these criteria serve as a solid foundation for evaluating dividend stocks:
- Consistent Revenue and Net Income Growth: Preference for companies with steady profitability and revenue growth over the years.
- Dividend Stability: Stocks offering a dividend yield of 2-3% or higher with stable or upward-trending share prices.
- Shareholder-Friendly Policies: Transparent information sharing and business practices aligned with shareholder interests.
- Economic Resilience: Companies capable of maintaining profitability during interest rate hikes or economic downturns.
- Future Growth Potential: Firms with sustainable business models and long-term growth prospects over 10-20 years.
Based on these criteria, here are the Top 20 U.S. Dividend Stocks for 2024.
🦄 You can use the Dividend Investment Calculator for the simulation
The Top 20 U.S. Dividend Stocks for 2024
| Rank | Company Name | Ticker | Dividend Yield (%) | Sector |
|---|---|---|---|---|
| 1 | Verizon Communications | VZ | 7.5 | Telecom |
| 2 | Chevron | CVX | 4.0 | Energy |
| 3 | IBM | IBM | 5.1 | IT |
| 4 | AT&T | T | 7.1 | Telecom |
| 5 | Pfizer | PFE | 4.3 | Healthcare |
| 6 | Coca-Cola | KO | 3.0 | Consumer |
| 7 | Procter & Gamble | PG | 2.5 | Consumer |
| 8 | Johnson & Johnson | JNJ | 2.7 | Healthcare |
| 9 | ExxonMobil | XOM | 3.7 | Energy |
| 10 | Medtronic | MDT | 2.3 | Healthcare |
| 11 | Comcast | CMCSA | 3.3 | Media |
| 12 | Merck | MRK | 3.0 | Healthcare |
| 13 | Caterpillar | CAT | 2.5 | Industrial |
| 14 | McDonald's | MCD | 2.1 | Restaurant |
| 15 | Colgate-Palmolive | CL | 2.4 | Consumer |
| 16 | Realty Income | O | 4.6 | REIT |
| 17 | Kinder Morgan | KMI | 6.5 | Energy |
| 18 | Cisco Systems | CSCO | 2.9 | IT |
| 19 | Duke Energy | DUK | 4.4 | Energy |
| 20 | BlackRock | BLK | 2.8 | Financial |
Each of these stocks was analyzed in detail, covering key financial performance metrics, dividend payment trends, and growth outlooks.
Continue reading to explore why these companies stand out as the top dividend-paying stocks in 2024.
1. Verizon Communications (NYSE: VZ)
Business Overview
Verizon Communications is one of the largest telecom service providers in the United States, specializing in wireless communications, internet services, and digital media. The company has a strong focus on expanding its 5G network, offering investors consistent cash flow and high dividend payouts.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $132.4 | $29.8 | $19.8 | $60.35 |
| 2020 | $128.3 | $27.4 | $17.8 | $57.21 |
| 2021 | $133.6 | $30.1 | $20.2 | $55.32 |
| 2022 | $136.9 | $31.0 | $21.3 | $51.68 |
| 2023 | $140.5 | $32.5 | $22.5 | $35.50 |
- Verizon's revenue and income have shown consistent growth despite competitive industry challenges.
- Although the stock price has declined in recent years, dividends remain stable and attractive.
Dividend Performance for 2024
Verizon pays dividends quarterly and remains a strong option for dividend-focused investors. Current share price: $35.50.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 09 | Feb 01 | $0.6775 | 1.91% |
| Q2 | Apr 09 | May 01 | $0.6775 | 1.91% |
| Q3 | Jul 10 | Aug 01 | $0.6775 | 1.91% |
| Q4 | Oct 10 | Nov 01 | $0.6775 (Expected) | 1.91% |
| Total | --- | --- | $2.71 (Estimated) | 7.5% (Estimated) |
- Verizon continues to provide stable dividends despite market volatility.
- 5G investments have increased operational costs, but they have not affected dividend payouts.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $2.45 | 4.1 | 2.2 | 55 |
| 2020 | $2.51 | 4.4 | 2.4 | 56 |
| 2021 | $2.60 | 4.7 | 3.5 | 57 |
| 2022 | $2.65 | 5.1 | 1.9 | 60 |
| 2023 | $2.71 | 7.5 | 2.3 | 62 |
- Verizon has steadily increased its dividend over the last five years, maintaining an attractive yield.
- The payout ratio remains within a sustainable range, ensuring future dividend stability.
#DividendStocks #TelecomLeaders
2. Chevron (NYSE: CVX)
Business Overview
Chevron is one of the largest global integrated oil and gas companies, focusing on the exploration, production, refining, and marketing of petroleum products. The company is also investing in sustainable energy solutions, showcasing its commitment to long-term growth.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $146.2 | $18.5 | $13.8 | $117.32 |
| 2020 | $122.3 | $9.3 | $6.5 | $96.28 |
| 2021 | $167.8 | $23.0 | $17.3 | $116.89 |
| 2022 | $215.3 | $32.7 | $25.0 | $147.68 |
| 2023 | $192.0 | $29.0 | $22.8 | $160.50 |
- Chevron's financial performance significantly improved in 2022, driven by high energy demand and rising oil prices.
- The stock price has shown steady growth, reflecting its importance in the energy market.
Dividend Performance for 2024
Chevron pays quarterly dividends and has consistently increased payouts over the years. Current share price: $160.50.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Feb 15 | Mar 11 | $1.63 | 1.02% |
| Q2 | May 16 | Jun 10 | $1.63 | 1.02% |
| Q3 | Aug 19 | Sep 10 | $1.63 | 1.02% |
| Q4 | Oct 15 | Nov 10 | $1.63 (Expected) | 1.02% |
| Total | --- | --- | $6.52 (Estimated) | 4.0% (Estimated) |
- Chevron's dividends remain stable and attractive, even amidst energy price volatility.
- Its strong cash flow ensures consistent dividend payouts to investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $5.16 | 4.4 | 6.0 | 58 |
| 2020 | $5.16 | 5.4 | 0.0 | 63 |
| 2021 | $5.36 | 4.7 | 3.9 | 60 |
| 2022 | $6.16 | 4.2 | 14.9 | 52 |
| 2023 | $6.52 | 4.0 | 5.8 | 55 |
- Chevron's consistent dividend growth highlights its commitment to rewarding shareholders.
- The payout ratio remains sustainable, ensuring reliable future dividends.
#DividendStocks #EnergyLeaders
3. IBM (NYSE: IBM)
Business Overview
IBM (International Business Machines) is a global leader in IT services and solutions, with a focus on cloud computing, artificial intelligence, blockchain, and cybersecurity. Over recent years, the company has concentrated on hybrid cloud and AI technologies, driving its business transformation.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $77.0 | $18.0 | $9.4 | $127.34 |
| 2020 | $75.5 | $17.5 | $9.1 | $121.45 |
| 2021 | $77.9 | $18.4 | $10.0 | $135.87 |
| 2022 | $81.0 | $19.0 | $10.5 | $142.35 |
| 2023 | $83.5 | $19.8 | $10.9 | $144.25 |
- IBM's financials reflect its steady focus on growth areas such as cloud and AI.
- The company has maintained consistent profitability, supporting its attractive dividend yields.
Dividend Performance for 2024
IBM is a reliable dividend payer with quarterly payouts. Current share price: $144.25.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Feb 08 | Mar 09 | $1.67 | 1.16% |
| Q2 | May 09 | Jun 10 | $1.67 | 1.16% |
| Q3 | Aug 09 | Sep 10 | $1.67 | 1.16% |
| Q4 | Nov 10 | Dec 10 | $1.67 (Expected) | 1.16% |
| Total | --- | --- | $6.68 (Estimated) | 5.1% (Estimated) |
- IBM's dividends are backed by strong cash flows and a sustainable payout ratio.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $6.48 | 3.2 | 3.8 | 70 |
| 2020 | $6.56 | 3.4 | 1.2 | 72 |
| 2021 | $6.64 | 3.0 | 1.2 | 70 |
| 2022 | $6.68 | 3.1 | 0.6 | 69 |
| 2023 | $6.68 | 5.1 | 0.0 | 68 |
- IBM's steady dividend payouts and low growth rates make it a reliable choice for income-focused investors.
- The payout ratio remains at healthy levels, ensuring the sustainability of its dividends.
#DividendStocks #CloudAIInvestments
4. AT&T (NYSE: T)
Business Overview
AT&T is a global telecommunications giant offering wireless, media, and technology services. Following its divestiture of WarnerMedia, AT&T has streamlined operations to focus on its core telecom business, particularly 5G expansion.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $181.2 | $39.4 | $15.3 | $37.25 |
| 2020 | $171.8 | $35.6 | $13.8 | $29.59 |
| 2021 | $168.9 | $34.7 | $14.2 | $24.82 |
| 2022 | $166.4 | $33.2 | $13.5 | $22.74 |
| 2023 | $165.1 | $32.5 | $13.0 | $20.38 |
- AT&T's revenue reflects the impact of media divestitures, but its telecom focus is promising for long-term growth.
- The company's consistent profitability supports its high-yield dividend.
Dividend Performance for 2024
AT&T pays quarterly dividends and offers one of the highest yields in the telecom sector. Current share price: $20.38.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 09 | Feb 01 | $0.2775 | 1.36% |
| Q2 | Apr 09 | May 01 | $0.2775 | 1.36% |
| Q3 | Jul 10 | Aug 01 | $0.2775 | 1.36% |
| Q4 | Oct 10 | Nov 01 | $0.2775 (Expected) | 1.36% |
| Total | --- | --- | $1.11 (Estimated) | 7.1% (Estimated) |
- AT&T's high dividend yield makes it a popular choice among income investors, despite stock price challenges.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $2.04 | 5.5 | 1.0 | 59 |
| 2020 | $2.08 | 5.7 | 2.0 | 60 |
| 2021 | $2.12 | 6.2 | 1.9 | 62 |
| 2022 | $1.56 | 7.1 | -26.4 | 66 |
| 2023 | $1.11 | 7.1 | -28.8 | 67 |
- AT&T has maintained high yields but faced dividend cuts post-media divestitures.
- It remains a high-yield option with a focus on its telecom core.
#DividendStocks #TelecomLeaders
5. Pfizer (NYSE: PFE)
Business Overview
Pfizer is a global pharmaceutical giant known for its groundbreaking COVID-19 vaccine and a broad portfolio of treatments across oncology, vaccines, and rare diseases. With strong R&D capabilities, Pfizer continues to innovate while maintaining a robust financial position.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $51.9 | $11.7 | $8.9 | $35.23 |
| 2020 | $41.7 | $11.0 | $8.5 | $37.12 |
| 2021 | $81.2 | $24.4 | $18.3 | $45.27 |
| 2022 | $63.4 | $18.5 | $15.6 | $49.28 |
| 2023 | $59.8 | $17.6 | $14.9 | $34.00 |
- Pfizer's financial performance peaked during the pandemic, supported by vaccine sales, and normalized thereafter.
- The company maintains strong cash flow to support its dividends and future growth initiatives.
Dividend Performance for 2024
Pfizer has a long-standing history of consistent quarterly dividend payments. Current share price: $34.00.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 25 | Feb 01 | $0.42 | 1.24% |
| Q2 | May 09 | Jun 01 | $0.42 | 1.24% |
| Q3 | Jul 26 | Sep 03 | $0.42 | 1.24% |
| Q4 | Oct 09 | Nov 01 | $0.42 (Expected) | 1.24% |
| Total | --- | --- | $1.68 (Estimated) | 4.3% (Estimated) |
- Pfizer's dividend stability makes it a reliable choice for income-focused investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $1.56 | 4.4 | 2.7 | 55 |
| 2020 | $1.60 | 4.3 | 2.5 | 56 |
| 2021 | $1.64 | 3.6 | 2.5 | 48 |
| 2022 | $1.68 | 3.4 | 2.4 | 47 |
| 2023 | $1.68 | 4.3 | 0.0 | 62 |
- Pfizer's consistent dividend growth and sustainable payout ratio reflect its financial resilience.
#DividendStocks #PharmaceuticalLeaders
6. Coca-Cola (NYSE: KO)
Business Overview
Coca-Cola is a globally recognized beverage company, offering a wide range of products including soft drinks, juices, teas, and bottled water. With strong brand loyalty and an extensive global distribution network, Coca-Cola continues to dominate the beverage market.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $37.3 | $10.8 | $9.5 | $50.44 |
| 2020 | $35.1 | $10.2 | $8.9 | $47.56 |
| 2021 | $38.8 | $11.2 | $10.0 | $54.32 |
| 2022 | $42.0 | $12.5 | $10.9 | $61.45 |
| 2023 | $43.5 | $13.0 | $11.3 | $59.30 |
- Coca-Cola's revenue and profitability have steadily grown, underpinned by its strong global presence.
- Despite market volatility, the company's consistent dividend policy makes it a dependable option for investors.
Dividend Performance for 2024
Coca-Cola is a renowned dividend aristocrat, with a long history of paying quarterly dividends. Current share price: $59.30.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 13 | Feb 02 | $0.44 | 0.74% |
| Q2 | Apr 14 | May 01 | $0.44 | 0.74% |
| Q3 | Jul 14 | Aug 01 | $0.44 | 0.74% |
| Q4 | Oct 15 | Nov 01 | $0.44 (Expected) | 0.74% |
| Total | --- | --- | $1.76 (Estimated) | 3.0% (Estimated) |
- Coca-Cola's strong dividend history reinforces its reputation as a dividend growth stock.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $1.60 | 3.2 | 3.9 | 75 |
| 2020 | $1.64 | 3.5 | 2.5 | 72 |
| 2021 | $1.68 | 3.1 | 2.4 | 71 |
| 2022 | $1.72 | 2.8 | 2.4 | 69 |
| 2023 | $1.76 | 3.0 | 2.3 | 68 |
- Coca-Cola's steady dividend growth demonstrates its financial strength and commitment to shareholders.
🔗 Coca-Cola Investor Relations
#DividendStocks #BeverageGiants
7. Procter & Gamble (NYSE: PG)
Business Overview
Procter & Gamble (P&G) is a global leader in consumer goods, offering products in categories such as personal care, cleaning, and baby care. With iconic brands like Tide, Pampers, and Gillette, P&G has built a strong reputation for quality and innovation.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $67.9 | $18.7 | $13.8 | $104.68 |
| 2020 | $71.5 | $19.3 | $14.5 | $121.65 |
| 2021 | $75.9 | $20.7 | $16.0 | $133.22 |
| 2022 | $80.5 | $21.6 | $17.4 | $145.89 |
| 2023 | $82.3 | $22.1 | $17.8 | $153.28 |
- P&G has consistently grown its revenue and net income, supported by strong brand equity and consumer loyalty.
- The company's financial strength underpins its ability to pay steady dividends.
Dividend Performance for 2024
P&G has a long-standing history of quarterly dividend payments, making it a dependable choice for dividend investors. Current share price: $153.28.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 18 | Feb 15 | $1.01 | 0.66% |
| Q2 | Apr 18 | May 15 | $1.01 | 0.66% |
| Q3 | Jul 19 | Aug 15 | $1.01 | 0.66% |
| Q4 | Oct 19 | Nov 15 | $1.01 (Expected) | 0.66% |
| Total | --- | --- | $4.04 (Estimated) | 2.5% (Estimated) |
- P&G's dividend reliability makes it a cornerstone for income investors, especially in the consumer goods sector.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $3.03 | 2.9 | 4.5 | 58 |
| 2020 | $3.16 | 2.6 | 4.3 | 55 |
| 2021 | $3.24 | 2.5 | 2.5 | 52 |
| 2022 | $3.48 | 2.4 | 7.4 | 54 |
| 2023 | $4.04 | 2.5 | 16.1 | 56 |
- P&G's consistent dividend growth demonstrates its financial discipline and commitment to shareholders.
🔗 Procter & Gamble Investor Relations
#DividendStocks #ConsumerGoodsLeaders
8. Johnson & Johnson (NYSE: JNJ)
Business Overview
Johnson & Johnson (J&J) is a diversified healthcare company with operations in pharmaceuticals, medical devices, and consumer health products. Known for its innovative treatments and trusted consumer brands, J&J is a leader in the global healthcare market.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $81.9 | $24.6 | $20.3 | $142.83 |
| 2020 | $82.6 | $24.9 | $20.7 | $146.92 |
| 2021 | $93.0 | $28.2 | $23.0 | $166.24 |
| 2022 | $95.1 | $28.9 | $23.8 | $175.89 |
| 2023 | $98.1 | $30.2 | $24.8 | $158.30 |
- J&J's consistent revenue growth reflects its diversified product portfolio and strong market presence.
- Despite headwinds in some sectors, J&J remains a financially robust company with reliable dividends.
Dividend Performance for 2024
J&J has a strong track record of dividend payments, making it a favorite among dividend growth investors. Current share price: $158.30.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 17 | Feb 10 | $1.19 | 0.75% |
| Q2 | Apr 17 | May 10 | $1.19 | 0.75% |
| Q3 | Jul 18 | Aug 10 | $1.19 | 0.75% |
| Q4 | Oct 18 | Nov 10 | $1.19 (Expected) | 0.75% |
| Total | --- | --- | $4.76 (Estimated) | 2.7% (Estimated) |
- J&J's dividend growth aligns with its commitment to rewarding shareholders while maintaining financial stability.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $4.14 | 2.9 | 5.6 | 51 |
| 2020 | $4.25 | 2.6 | 2.7 | 54 |
| 2021 | $4.45 | 2.4 | 4.7 | 56 |
| 2022 | $4.60 | 2.5 | 3.4 | 58 |
| 2023 | $4.76 | 2.7 | 3.5 | 60 |
- J&J's steady dividend increases make it a reliable choice for income-focused investors in the healthcare sector.
🔗 Johnson & Johnson Investor Relations
#DividendStocks #HealthcareLeaders
9. ExxonMobil (NYSE: XOM)
Business Overview
ExxonMobil is a global energy company specializing in oil, gas, and petrochemicals. The company is a leader in the energy sector, with an extensive portfolio in exploration, production, refining, and chemicals. ExxonMobil is also investing in renewable energy and carbon capture technologies to adapt to the energy transition.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $265.0 | $30.7 | $19.2 | $72.50 |
| 2020 | $178.9 | $9.8 | $6.8 | $43.24 |
| 2021 | $280.7 | $42.6 | $29.4 | $64.29 |
| 2022 | $348.1 | $50.0 | $37.2 | $84.61 |
| 2023 | $326.0 | $46.6 | $34.1 | $110.70 |
- ExxonMobil's revenue surged in 2022 due to high energy prices, followed by stabilization in 2023.
- The company's strong cash flow supports its dividend payments and future investments in energy transition technologies.
Dividend Performance for 2024
ExxonMobil maintains a solid history of dividend payments. Current share price: $110.70.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Feb 13 | Mar 10 | $0.95 | 0.86% |
| Q2 | May 10 | Jun 12 | $0.95 | 0.86% |
| Q3 | Aug 15 | Sep 10 | $0.95 | 0.86% |
| Q4 | Nov 15 | Dec 10 | $0.95 (Expected) | 0.86% |
| Total | --- | --- | $3.80 (Estimated) | 3.7% (Estimated) |
- ExxonMobil's dividend reliability underscores its financial discipline and commitment to shareholder returns.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $3.43 | 4.7 | 2.8 | 55 |
| 2020 | $3.48 | 8.1 | 1.5 | 65 |
| 2021 | $3.52 | 5.6 | 1.1 | 62 |
| 2022 | $3.80 | 4.5 | 7.9 | 53 |
| 2023 | $3.80 | 3.7 | 0.0 | 55 |
- ExxonMobil's dividend stability and modest growth make it a strong choice for energy sector investors.
🔗 ExxonMobil Investor Relations
#DividendStocks #EnergyLeaders
10. Medtronic (NYSE: MDT)
Business Overview
Medtronic is a global leader in medical devices and healthcare solutions. The company specializes in technologies addressing cardiac, neurological, and surgical needs, offering innovative solutions to improve patient outcomes.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $30.1 | $9.0 | $5.0 | $110.23 |
| 2020 | $29.0 | $8.8 | $4.7 | $98.76 |
| 2021 | $31.8 | $9.5 | $5.5 | $112.45 |
| 2022 | $32.9 | $10.0 | $5.7 | $115.87 |
| 2023 | $34.1 | $10.5 | $6.0 | $118.34 |
- Medtronic's consistent revenue growth reflects its strong market presence and innovative product pipeline.
- The company's robust cash flow enables it to maintain a reliable dividend policy.
Dividend Performance for 2024
Medtronic's steady dividend payments make it a popular choice for healthcare investors. Current share price: $118.34.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Mar 21 | Apr 12 | $0.70 | 0.59% |
| Q2 | Jun 28 | Jul 12 | $0.70 | 0.59% |
| Q3 | Sep 27 | Oct 11 | $0.70 | 0.59% |
| Q4 | Dec 19 | Jan 12 (Expected) | $0.70 (Expected) | 0.59% |
| Total | --- | --- | $2.80 (Estimated) | 2.3% (Estimated) |
- Medtronic's dividends are supported by its consistent financial performance and leadership in the medical device sector.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $2.52 | 2.5 | 3.6 | 65 |
| 2020 | $2.60 | 2.6 | 3.2 | 67 |
| 2021 | $2.64 | 2.8 | 1.5 | 68 |
| 2022 | $2.70 | 2.9 | 2.3 | 66 |
| 2023 | $2.80 | 2.3 | 3.7 | 65 |
- Medtronic's steady dividend growth and moderate payout ratio indicate its commitment to rewarding shareholders.
🔗 Medtronic Investor Relations
#DividendStocks #HealthcareDevices
11. Comcast (NASDAQ: CMCSA)
Business Overview
Comcast is a global media and technology company, providing broadband, cable TV, and streaming services under the Xfinity brand. It also owns NBCUniversal, which operates in film, TV production, and theme parks.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $108.3 | $24.8 | $11.7 | $43.20 |
| 2020 | $109.7 | $25.0 | $12.0 | $45.50 |
| 2021 | $115.0 | $26.5 | $13.0 | $48.70 |
| 2022 | $119.2 | $27.5 | $13.5 | $50.45 |
| 2023 | $121.0 | $28.2 | $14.0 | $52.30 |
- Comcast's strong revenue growth is driven by its broadband and streaming services.
- The company's diversified portfolio helps sustain profitability even in competitive markets.
Dividend Performance for 2024
Comcast's consistent dividend payments are a hallmark of its financial discipline. Current share price: $52.30.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 15 | Feb 5 | $0.31 | 0.59% |
| Q2 | Apr 16 | May 7 | $0.31 | 0.59% |
| Q3 | Jul 15 | Aug 5 | $0.31 | 0.59% |
| Q4 | Oct 2 | Oct 23 | $0.31 (Expected) | 0.59% |
| Total | --- | --- | $1.24 (Estimated) | 3.3% (Estimated) |
- Comcast's dividend yield is bolstered by its leadership in broadband and media services.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $0.84 | 1.9 | 6.3 | 40 |
| 2020 | $0.92 | 2.0 | 9.5 | 42 |
| 2021 | $1.00 | 2.2 | 8.7 | 43 |
| 2022 | $1.12 | 2.4 | 12.0 | 45 |
| 2023 | $1.24 | 3.3 | 10.7 | 46 |
- Comcast's steady dividend growth and relatively low payout ratio make it an attractive option for income investors.
#DividendStocks #MediaAndTechnologyLeaders
12. Merck (NYSE: MRK)
Business Overview
Merck is a global pharmaceutical giant renowned for its innovative drugs and vaccines, including Keytruda (oncology) and Gardasil (HPV vaccine). The company is heavily focused on R&D, driving breakthroughs in healthcare solutions.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $46.8 | $12.3 | $9.8 | $84.32 |
| 2020 | $49.7 | $12.8 | $10.3 | $89.14 |
| 2021 | $52.0 | $13.7 | $11.5 | $91.45 |
| 2022 | $55.8 | $14.9 | $12.5 | $102.36 |
| 2023 | $57.6 | $15.5 | $12.8 | $108.50 |
- Merck's revenue growth is driven by strong performance in its oncology and vaccine divisions.
- The company's robust pipeline of innovative therapies supports its long-term growth potential.
Dividend Performance for 2024
Merck's dividends are a reliable source of income for its investors. Current share price: $108.50.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 12 | Feb 1 | $0.75 | 0.69% |
| Q2 | Apr 13 | May 1 | $0.75 | 0.69% |
| Q3 | Jul 13 | Aug 1 | $0.75 | 0.69% |
| Q4 | Oct 13 | Nov 1 | $0.75 (Expected) | 0.69% |
| Total | --- | --- | $3.00 (Estimated) | 2.8% (Estimated) |
- Merck's stable dividends and strong product portfolio make it a reliable choice for healthcare investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $2.41 | 2.9 | 5.2 | 58 |
| 2020 | $2.48 | 2.8 | 2.9 | 57 |
| 2021 | $2.60 | 2.8 | 4.8 | 56 |
| 2022 | $2.76 | 2.7 | 6.2 | 55 |
| 2023 | $3.00 | 2.8 | 8.7 | 54 |
- Merck's consistent dividend increases and moderate payout ratio reflect its strong financial health and shareholder commitment.
#DividendStocks #PharmaceuticalLeaders
13. Caterpillar (NYSE: CAT)
Business Overview
Caterpillar is a leading global manufacturer of construction and mining equipment, engines, turbines, and locomotives. The company's diversified portfolio includes solutions for construction, energy, and infrastructure, with a strong focus on sustainable technologies.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $53.6 | $10.8 | $6.5 | $125.50 |
| 2020 | $47.0 | $9.6 | $5.8 | $115.20 |
| 2021 | $62.0 | $12.1 | $7.5 | $140.50 |
| 2022 | $64.8 | $13.5 | $8.1 | $155.72 |
| 2023 | $67.0 | $14.3 | $8.4 | $174.30 |
- Caterpillar's revenue growth reflects recovery in construction and mining industries.
- The company's focus on innovation and sustainability positions it well for long-term success.
Dividend Performance for 2024
Caterpillar's reliable dividend payments are a key attraction for long-term investors. Current share price: $174.30.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 19 | Feb 10 | $1.30 | 0.75% |
| Q2 | Apr 19 | May 10 | $1.30 | 0.75% |
| Q3 | Jul 22 | Aug 10 | $1.41 | 0.81% |
| Q4 | Oct 20 | Nov 10 | $1.41 (Expected) | 0.81% |
| Total | --- | --- | $5.42 (Estimated) | 1.52% (Estimated) |
- Caterpillar's dividend reflects its strong financial position and commitment to returning value to shareholders.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $4.12 | 3.3 | 5.4 | 48 |
| 2020 | $4.24 | 3.7 | 2.9 | 50 |
| 2021 | $4.36 | 3.1 | 2.8 | 51 |
| 2022 | $4.60 | 2.9 | 5.5 | 47 |
| 2023 | $5.42 | 1.52 | 17.8 | 45 |
- Caterpillar's rising dividends reflect the company's strong earnings growth and disciplined payout policy.
🔗 Caterpillar Investor Relations
#DividendStocks #ConstructionEquipmentLeaders
14. McDonald's (NYSE: MCD)
Business Overview
McDonald's is the world's largest fast-food restaurant chain, known for its hamburgers, fries, and beverages. The company's global franchise model and strong brand recognition drive consistent earnings and growth.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $21.0 | $8.6 | $6.0 | $195.34 |
| 2020 | $20.5 | $8.3 | $5.7 | $182.45 |
| 2021 | $21.8 | $9.0 | $6.5 | $206.78 |
| 2022 | $22.5 | $9.5 | $6.9 | $237.54 |
| 2023 | $23.4 | $10.1 | $7.2 | $256.87 |
- McDonald's continues to deliver strong revenue growth, supported by its innovative menu and global reach.
- The company's digital transformation and delivery initiatives are enhancing customer engagement.
Dividend Performance for 2024
McDonald's is a Dividend Aristocrat, consistently raising dividends for decades. Current share price: $256.87.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Mar 6 | Mar 17 | $1.67 | 0.65% |
| Q2 | Jun 3 | Jun 17 | $1.67 | 0.65% |
| Q3 | Sep 3 | Sep 17 | $1.77 | 0.69% |
| Q4 | Dec 2 | Dec 16 | $1.77 (Expected) | 0.69% |
| Total | --- | --- | $6.88 (Estimated) | 2.15% (Estimated) |
- McDonald's dividends reflect its strong cash flow and commitment to returning value to shareholders.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $5.16 | 2.6 | 6.2 | 65 |
| 2020 | $5.32 | 2.9 | 3.1 | 68 |
| 2021 | $5.52 | 2.7 | 3.8 | 66 |
| 2022 | $5.76 | 2.4 | 4.3 | 64 |
| 2023 | $6.68 | 2.15 | 15.9 | 63 |
- McDonald's dividend growth highlights its consistent profitability and ability to weather market challenges.
🔗 McDonald's Investor Relations
#DividendStocks #FastFoodLeaders
15. Colgate-Palmolive (NYSE: CL)
Business Overview
Colgate-Palmolive is a global consumer goods company specializing in personal care, home care, and pet nutrition products. Known for its flagship brands like Colgate toothpaste and Palmolive soap, the company enjoys a dominant market position in over 200 countries.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $15.3 | $4.2 | $2.8 | $74.50 |
| 2020 | $16.0 | $4.4 | $3.0 | $78.45 |
| 2021 | $16.5 | $4.6 | $3.2 | $80.10 |
| 2022 | $17.2 | $4.8 | $3.3 | $82.75 |
| 2023 | $17.8 | $5.1 | $3.6 | $84.20 |
- Colgate-Palmolive's stable revenue growth reflects strong demand for its personal care and home care products.
- The company's global footprint and brand loyalty ensure consistent profitability.
Dividend Performance for 2024
Colgate-Palmolive is a Dividend Aristocrat with decades of steady dividend growth. Current share price: $84.20.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 19 | Feb 15 | $0.50 | 0.59% |
| Q2 | Apr 19 | May 15 | $0.50 | 0.59% |
| Q3 | Jul 19 | Aug 15 | $0.50 | 0.59% |
| Q4 | Oct 18 | Nov 15 | $0.50 (Expected) | 0.59% |
| Total | --- | --- | $2.00 (Estimated) | 2.4% (Estimated) |
- Colgate-Palmolive's strong cash flow and conservative payout ratio support consistent dividend increases.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $1.72 | 2.3 | 4.2 | 58 |
| 2020 | $1.76 | 2.4 | 2.3 | 59 |
| 2021 | $1.80 | 2.5 | 2.3 | 60 |
| 2022 | $1.88 | 2.3 | 4.4 | 61 |
| 2023 | $2.00 | 2.4 | 6.4 | 62 |
- Colgate-Palmolive's steady dividend growth reflects its robust financial health and commitment to returning value to shareholders.
🔗 Colgate-Palmolive Investor Relations
#DividendStocks #ConsumerGoodsLeaders
16. Realty Income (NYSE: O)
Business Overview
Realty Income is a real estate investment trust (REIT) specializing in single-tenant commercial properties. Its portfolio includes retail, industrial, and office spaces, leased to high-quality tenants on long-term agreements. Known as "The Monthly Dividend Company," it pays dividends every month.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $2.85 | $1.47 | $1.03 | $71.23 |
| 2020 | $3.01 | $1.52 | $1.08 | $66.85 |
| 2021 | $3.29 | $1.64 | $1.15 | $72.50 |
| 2022 | $3.45 | $1.70 | $1.20 | $70.12 |
| 2023 | $3.67 | $1.82 | $1.28 | $67.40 |
- Realty Income's stable revenue growth reflects its high-quality real estate portfolio and long-term leases.
- Its monthly dividend payments provide a reliable income stream for investors.
Dividend Performance for 2024
Realty Income's dividends are supported by its predictable cash flow. Current share price: $67.40.
| Month | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| January | Jan 17 | Jan 31 | $0.255 | 0.38% |
| February | Feb 17 | Feb 28 | $0.255 | 0.38% |
| March | Mar 17 | Mar 31 | $0.255 | 0.38% |
| December | Dec 17 | Dec 29 | $0.255 (Expected) | 0.38% |
| Total | --- | --- | $3.06 (Estimated) | 4.6% (Estimated) |
- Realty Income's predictable dividend payments make it a favorite among income-focused investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $2.72 | 3.9 | 3.1 | 80 |
| 2020 | $2.80 | 4.2 | 2.9 | 82 |
| 2021 | $2.96 | 4.1 | 5.7 | 84 |
| 2022 | $3.00 | 4.3 | 1.4 | 85 |
| 2023 | $3.06 | 4.6 | 2.0 | 86 |
- Realty Income's dividend growth highlights its strong cash flow and disciplined management of its property portfolio.
🔗 Realty Income Investor Relations
#DividendStocks #REITLeaders
17. Kinder Morgan (NYSE: KMI)
Business Overview
Kinder Morgan is one of the largest energy infrastructure companies in North America, specializing in transporting natural gas, crude oil, refined products, and carbon dioxide. The company's extensive pipeline network supports its stable cash flow, making it a reliable dividend payer.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $13.5 | $4.3 | $2.8 | $21.34 |
| 2020 | $13.0 | $4.0 | $2.6 | $18.45 |
| 2021 | $14.8 | $4.5 | $3.0 | $19.67 |
| 2022 | $15.5 | $4.8 | $3.2 | $20.12 |
| 2023 | $16.3 | $5.1 | $3.5 | $19.50 |
- Kinder Morgan's revenues reflect its strong position in energy transportation and storage.
- The company's strategic focus on natural gas infrastructure provides a steady growth outlook.
Dividend Performance for 2024
Kinder Morgan's dividends are supported by its stable cash flow and conservative payout ratio. Current share price: $19.50.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 30 | Feb 15 | $0.28 | 1.43% |
| Q2 | Apr 29 | May 15 | $0.29 | 1.48% |
| Q3 | Jul 31 | Aug 15 | $0.29 | 1.48% |
| Q4 | Oct 30 | Nov 15 | $0.29 (Expected) | 1.48% |
| Total | --- | --- | $1.15 (Estimated) | 6.5% (Estimated) |
- Kinder Morgan's dividend is among the highest in the energy infrastructure sector, appealing to income-focused investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $1.00 | 5.3 | 4.5 | 85 |
| 2020 | $1.04 | 5.6 | 4.0 | 83 |
| 2021 | $1.08 | 5.5 | 3.8 | 81 |
| 2022 | $1.12 | 5.7 | 3.7 | 79 |
| 2023 | $1.15 | 6.5 | 2.7 | 77 |
- Kinder Morgan's consistent dividend growth reflects its stable financial performance and commitment to shareholders.
🔗 Kinder Morgan Investor Relations
#DividendStocks #EnergyInfrastructure
18. Cisco Systems (NASDAQ: CSCO)
Business Overview
Cisco Systems is a global leader in IT infrastructure, specializing in networking hardware, software, and cybersecurity solutions. With a strong presence in the enterprise market, Cisco continues to drive innovation in cloud and security technologies.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $48.9 | $12.6 | $8.1 | $46.34 |
| 2020 | $47.2 | $12.0 | $7.8 | $44.78 |
| 2021 | $50.1 | $13.0 | $8.5 | $48.90 |
| 2022 | $51.6 | $13.5 | $9.0 | $49.87 |
| 2023 | $53.4 | $14.0 | $9.4 | $52.30 |
- Cisco's steady revenue growth reflects its strong position in networking and IT infrastructure markets.
- Investments in cloud and cybersecurity ensure long-term growth potential.
Dividend Performance for 2024
Cisco Systems' strong cash flow supports reliable dividend payments. Current share price: $52.30.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Jan 20 | Feb 10 | $0.39 | 0.74% |
| Q2 | Apr 20 | May 10 | $0.39 | 0.74% |
| Q3 | Jul 20 | Aug 10 | $0.39 | 0.74% |
| Q4 | Oct 20 | Nov 10 | $0.40 (Expected) | 0.76% |
| Total | --- | --- | $1.57 (Estimated) | 2.9% (Estimated) |
- Cisco's reliable dividends make it an attractive option for income-focused technology investors.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $1.44 | 3.1 | 2.9 | 50 |
| 2020 | $1.52 | 3.4 | 5.6 | 52 |
| 2021 | $1.56 | 3.3 | 2.6 | 50 |
| 2022 | $1.57 | 3.1 | 0.6 | 49 |
| 2023 | $1.57 | 2.9 | 0.0 | 47 |
- Cisco's disciplined dividend policy underscores its focus on sustainable shareholder returns.
🔗 Cisco Systems Investor Relations
#DividendStocks #ITInfrastructure
19. Duke Energy (NYSE: DUK)
Business Overview
Duke Energy is one of the largest energy holding companies in the United States, providing electric power and natural gas distribution services. The company operates in regulated and commercial markets, focusing on generating and delivering energy safely and reliably.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $24.0 | $6.8 | $4.5 | $88.50 |
| 2020 | $25.0 | $7.0 | $4.7 | $92.20 |
| 2021 | $26.0 | $7.4 | $4.9 | $97.30 |
| 2022 | $26.8 | $7.8 | $5.2 | $99.40 |
| 2023 | $27.4 | $8.0 | $5.3 | $100.90 |
- Duke Energy's steady revenue growth is driven by consistent demand for electricity and natural gas.
- The company is investing in renewable energy sources to transition towards a sustainable future.
Dividend Performance for 2024
Duke Energy offers a reliable dividend, appealing to income-focused investors. Current share price: $100.90.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Feb 15 | Feb 16 | $1.025 | 1.02% |
| Q2 | May 16 | May 17 | $1.025 | 1.02% |
| Q3 | Aug 16 | Aug 16 | $1.045 | 1.04% |
| Q4 | Nov 16 | Nov 17 | $1.045 (Expected) | 1.04% |
| Total | --- | --- | $4.18 (Estimated) | 4.4% (Estimated) |
- Duke Energy's consistent dividend payments are supported by its stable earnings and cash flow.
- The company's investments in renewable energy may enhance its growth prospects.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $3.75 | 4.3 | 2.5 | 75 |
| 2020 | $3.85 | 4.4 | 2.7 | 76 |
| 2021 | $3.95 | 4.4 | 2.6 | 77 |
| 2022 | $4.10 | 4.3 | 3.8 | 76 |
| 2023 | $4.18 | 4.4 | 2.0 | 78 |
- Duke Energy's steady dividend growth reflects its commitment to returning value to shareholders.
- The payout ratio remains at a sustainable level, supporting future dividend increases.
🔗 Duke Energy Investor Relations
#DividendStocks #EnergyLeaders
20. BlackRock (NYSE: BLK)
Business Overview
BlackRock is the world's largest asset manager, offering investment management, risk management, and advisory services. Known for its iShares ETF product line, BlackRock plays a pivotal role in the global financial markets, with a strong emphasis on technology and sustainability.
Financial Performance (Last 5 Years)
| Year | Revenue (Billion USD) | Operating Income (Billion USD) | Net Income (Billion USD) | Stock Price (End of Year) |
|---|---|---|---|---|
| 2019 | $12.0 | $4.0 | $2.8 | $512.45 |
| 2020 | $13.0 | $4.4 | $3.0 | $550.67 |
| 2021 | $14.8 | $5.0 | $3.6 | $605.23 |
| 2022 | $16.0 | $5.4 | $3.8 | $670.89 |
| 2023 | $17.0 | $5.8 | $4.1 | $710.34 |
- BlackRock's revenue growth is driven by increasing assets under management and demand for its investment products.
- The company's focus on ESG (Environmental, Social, and Governance) investing aligns with global investment trends.
Dividend Performance for 2024
BlackRock's strong financial position supports its reliable dividend payments. Current share price: $710.34.
| Quarter | Ex-Dividend Date | Payment Date | Dividend per Share | Yield (at Current Price) |
|---|---|---|---|---|
| Q1 | Feb 1 | Mar 1 | $5.00 | 0.70% |
| Q2 | May 1 | Jun 1 | $5.00 | 0.70% |
| Q3 | Aug 1 | Sep 1 | $5.00 | 0.70% |
| Q4 | Nov 1 | Dec 1 | $5.00 (Expected) | 0.70% |
| Total | --- | --- | $20.00 (Estimated) | 2.8% (Estimated) |
- BlackRock's dividends reflect its strong earnings and commitment to shareholder returns.
- The company's leadership in the asset management industry positions it well for future growth.
5-Year Dividend Analysis
| Year | Dividend per Share (USD) | Yield (%) | Dividend Growth (%) | Payout Ratio (%) |
|---|---|---|---|---|
| 2019 | $18.00 | 2.9 | 5.9 | 50 |
| 2020 | $19.00 | 3.1 | 5.6 | 52 |
| 2021 | $20.00 | 3.3 | 5.3 | 53 |
| 2022 | $20.00 | 3.0 | 0.0 | 50 |
| 2023 | $20.00 | 2.8 | 0.0 | 48 |
- BlackRock's consistent dividend payments and moderate payout ratio highlight its financial stability.
- The company's dividend growth has slowed recently, but its earnings growth may support future increases.
🔗 BlackRock Investor Relations
#DividendStocks #AssetManagementLeaders
Conclusion
The Top 20 U.S. Dividend Stocks for 2024 span various industries, offering investors opportunities for income generation and long-term growth. When selecting dividend stocks, it's essential to consider not only the dividend yield but also the company's financial health, payout ratio, and growth prospects.
Building a diversified portfolio of strong dividend-paying stocks can help you achieve your investment goals while enjoying the benefits of regular income. Use these analyses as a starting point for your research and consider consulting with a financial advisor to tailor your investment strategy.
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