What are the cheap monthly dividend stocks in 2024?
The five stocks on the NYSE or Nasdaq with the highest forward dividend yield that also trade for $25 or less as of April 2024 include Jiayin Group Inc., Petroleo Brasileiro, Frontline Plc, Hercules Capital, and Apollo Commercial Real Estate Finance, Inc.
| Stock | Dividend yield |
|---|---|
| Johnson & Johnson (JNJ) | 3.4% |
| Prologis Inc. (PLD) | 3.7% |
| Realty Income Corp. (O) | 5.9% |
| Grupo Aeroportuario del Pacifico SAB de CV (PAC) | 5.5% |
| Stock | Yield |
|---|---|
| Banco Santander SA (ticker: SAN) | 4.2% |
| Lloyds Banking Group PLC (LYG) | 5.3% |
| Telefonica SA (TEF) | 7.6% |
| Vodafone Group PLC (VOD) | 11.5% |
- ARMOUR Residential REIT – 20.7%
- Orchid Island Capital – 17.8%
- AGNC Investment – 14.8%
- Oxford Square Capital – 13.7%
- Ellington Residential Mortgage REIT – 13.2%
- SLR Investment – 11.5%
- PennantPark Floating Rate Capital – 10%
- Main Street Capital – 7%
| Stock | Dividend yield | Dividend growth streak |
|---|---|---|
| Walmart Inc. (WMT) | 1.4% | 50 years |
| Procter & Gamble Co. (PG) | 2.4% | 68 years |
| 3M Co. (MMM) | 6.5% | 65 years |
| Coca-Cola Co. (KO) | 3.3% | 61 years |
Some of the highest dividend paying stocks in India are Vedanta Ltd., Hindustan Zinc Ltd, Coal India Ltd, T.V. Today Network Ltd, Bhansali Engineering Polymers Ltd, Balmer Lawrie Investment Ltd, Coal India Ltd.
- Verizon Communications VZ.
- Johnson & Johnson JNJ.
- Philip Morris International PM.
- Altria Group MO.
- Comcast CMCSA.
- Medtronic MDT.
- Pioneer Natural Resources PXD.
- Duke Energy DUK.
The five stocks on the NYSE or Nasdaq with the highest forward dividend yield that also trade for $25 or less as of April 2024 include Jiayin Group Inc., Petroleo Brasileiro, Frontline Plc, Hercules Capital, and Apollo Commercial Real Estate Finance, Inc.
- AbbVie (ABBV) Pharmaceutical companies have very consistent sales with established treatments. ...
- Colgate-Palmolive (CL) ...
- Johnson & Johnson (JNJ) ...
- PepsiCo (PEP) ...
- S&P Global (SPGI) ...
- Stanley Black & Decker (SWK) ...
- Walmart (WMT)
Petroleo Brasileiro SA- Petrobras's next quarterly payment date is on Feb 27, 2024, when Petroleo Brasileiro SA- Petrobras shareholders who owned PBR shares before Nov 22, 2023 received a dividend payment of $0.36 per share.
What is the safest monthly dividend stock?
| Stock | Market Capitalization | 12-month Trailing Dividend Yield |
|---|---|---|
| Gladstone Investment Corp. (GAIN) | $500 million | 6.9% |
| Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
| LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
| Realty Income Corp. (O) | $44 billion | 6.4% |
Dividend yield of at least 2.7%.
Investors looking for monthly dividend income are likely looking for a yield that is substantially higher than the market average. Stocks with a dividend yield of 2.7% or higher have payouts that are more than a percentage point higher than the S&P 500 average yield of 1.64%.
| Symbol | Company Name | Div. Yield |
|---|---|---|
| PECO | Phillips Edison & Company, Inc. | 3.56% |
| APLE | Apple Hospitality REIT, Inc. | 5.69% |
| SLG | SL Green Realty Corp. | 6.54% |
| EPR | EPR Properties | 8.30% |
The Company today announced that its board of directors approved a 7.7% increase in its quarterly dividend to $2.25 per share, which equates to an annual dividend of $9.00 per share. The dividend is payable on March 21, 2024, to shareholders of record on the close of business on March 7, 2024.
Some of the best dividend stocks include Johnson & Johnson (NYSE:JNJ), The Procter & Gamble Company (NYSE:PG), and AbbVie Inc (NYSE:ABBV) with impressive track records of dividend growth and strong balance sheets. In this article, we will further take a look at some of the best dividend stocks of all time.
If you're already retired and looking for a high-yield stock to boost your passive income stream Verizon's not a bad option. Earnings aren't growing, but relatively stable cash flows from mobile and broadband subscribers give it a good chance to at least maintain its payout at present levels over the long run.
| Stock | 2024 return through March 31 |
|---|---|
| MicroStrategy Inc. (MSTR) | 169.9% |
| SoundHound AI Inc. (SOUN) | 177.8% |
| Vera Therapeutics Inc. (VERA) | 180.4% |
| Avidity Biosciences Inc. (RNA) | 182% |
| Stock | Expected Change in Stock Price* |
|---|---|
| Nvidia Corp. (ticker: NVDA) | 6.1% |
| Alphabet Inc. (GOOG, GOOGL) | 10.1% |
| Meta Platforms Inc. (META) | -1.9% |
| JPMorgan Chase & Co. (JPM) | -3.4% |
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| Promax Power | 1:1 | 09-04-2024 |
| Cupid | 1:1 | 04-04-2024 |
| Sunrise Efficie | 1:2 | 03-04-2024 |
| Lorenzini Appar | 6:11 | 28-03-2024 |
The Coca-Cola Company's ( KO ) dividend yield is 3.22%, which means that for every $100 invested in the company's stock, investors would receive $3.22 in dividends per year. The Coca-Cola Company's payout ratio is 74.22% which means that 74.22% of the company's earnings are paid out as dividends.
What is the best dividend ETF?
| Dividend ETF | Assets under management | Expense ratio |
|---|---|---|
| Vanguard High Dividend Yield Index ETF (VYM) | $55 billion | 0.06% |
| Vanguard Real Estate ETF (VNQ) | $34 billion | 0.12% |
| iShares International Select Dividend ETF (IDV) | $4.2 billion | 0.51% |
| Global X SuperDividend ETF (SDIV) | $760 million | 0.58% |
What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
The Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL), and PepsiCo, Inc. (NASDAQ:PEP) are some of the best dividend leaders in the market as these companies have been offering growing dividends for decades now.
| Year | Total Return | Dividend Yield |
|---|---|---|
| 2021 | +24.59% | 1.38% |
| 2022 | -18.29% | 1.31% |
| 2023 | +24.87% | 1.91% |
| Mar 2024(*) | +8.94% | 0.06% |
- Altria (MO) ...
- Devon Energy (DVN) ...
- Dow Inc. ...
- International Business Machines (IBM) ...
- Verizon Communications (VZ) ...
- AT&T (T) ...
- Prudential Financial (PRU) ...
- Philip Morris International (PM)
