Top 5 Dividend Stocks to Buy – High Yield Dividend Stocks
The Dow Jones Industrial Average (DJIA) is a price-weighted measure of 30 U.S. blue-chip companies. It covers all industries except transportation and utilities. There are no hard and fast rules to be selected as a Dow member company. However, the companies must have a strong reputation and demonstrate sustained growth. The selection committee is really only concerned with picking highly valued and well-established companies. If a company stops performing, it will eventually be replaced by another company with stronger value prospects. This steady shuffling has been part of the Dow’s selection process for over a century. Look no further than the Dow to find the top 5 dividend stocks to buy…
High Yield Dividend Stocks
The Dow members are highly valued and well established companies. They also share another thing in common – they all pay dividends. Interestingly, there is a wide disparity in terms of how much these stocks pay their shareholders. A few pay between 4% and 5%, while some are closer to the 1% level. In theory, high yield dividend stocks usually signify that a company is undervalued. History shows that Dow companies that are temporarily undervalued are normally due for a strong rebound. Even if the stock continues to perform modestly, you can still benefit from the high dividend yield.
The Dow’s Highest Paying Dividend Stocks
The Dow is made up of Wall Street’s biggest and most prestigious firms. They also pay dividends that are well above the average for the entire stock market. If a stock is good enough to be listed in the Dow, it is certainly worth a look to add to your portfolio.
Top 5 Dividend Stocks to Buy
Listed here are the Top 5 High Yield Dividend Stocks from the Dow:
Highest Paying Dividend Stocks – Verizon Communications (NYSE:VZ)…
The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. Dividend Yield – 4.7%
High Yield Dividend Stocks – IBM (NYSE:IBM)…
International Business Machines Corp. is an information technology company. It provides business solutions that integrate information technology with business processes. Dividend Yield – 4.3%
Best Dividend Stocks Buy – ExxonMobil (NYSE:XOM)…
Exxon Mobil Corporation is engaged in the energy business. The Company explores, transports and sells crude oil and natural gas. It also manufactures and sells other commercial petroleum products and chemicals. Dividend Yield – 4%
Best Dividend Stocks to Buy – Chevron (NYSE:CVX)…
Chevron Corporation sells raw crude oil and natural gas from its production operations. It also markets refined petroleum products under the principal brands of Chevron, Texaco and Caltex throughout various parts of the world. Dividend Yield – 3.7%
The Best Dividend Stocks to Buy – General Electric (NYSE:GE)…
General Electric Company (GE), is a global digital industrial company. The Company’s products and services range from aircraft engines, power generation, and oil and gas production equipment to medical imaging, financing and industrial products. Dividend Yield – 3.7%
Penny Stocks To Buy Now
Are you interested in low cost stock opportunities? Check out Penny Stocks to Buy Now