5 Dividend Stocks Worth Considering
Top picks for high-yield dividends
There are many dividend stocks out there.
Here are 5 stocks that you may want to consider adding to your dividend portfolio because they are over 5%. This is based on my personal opinion and not financial advice. Here it goes:
- AT&T: Ticker T
- LUMN: Ticker LUMN
- Atria: Ticker MO
- Ares: Ticker ARCC
- Realty Income Corp: Ticker O
- Williams Company Inc: Ticker WMB
1. Real estate stock
Realty Income Corp is a dividend aristocrat and has been paying dividends for the longest time since 1994.
It is a good stock because:
- It's real estate so it's a physical property and people will always need a place to rent to live or conduct business and activities.
- A diversified portfolio, prudent growth strategy, conservative capital structure, and diversified real estate not just in the USA but outside the USA as well.
- Stable and has been in operation for over 5o years.
2. Telco company
AT&T has a high-yield dividend at a glance. 7% at the time of this article (Nov 2023) and the stocks aren’t too expensive.
However, the company has been loss-making for a few years and has a high debt repayment period of around 7 years.
The dividend payout ratio isn’t too great since it is in the loss position currently. Hence, you may want to consider if your sole purpose is just for dividends or do you plan to hold it long-term.
3. Tobacco industry
Atria has been one of the top dividend stocks because of its high dividend yield.
It's safe because it is:
- Recession-proof
- Consumer staple for smokers
- High dividend yield
Additionally, the increase in quarterly dividends as well:
4. Telco industry
Lumen used to pay dividends, however with the halt of dividend payments, you won’t earn dividend income with this stock, unfortunately.
Here is the announcement made by the senior management team:
5. Business development industry
ARCC does have an attractive dividend yield of 9.87%.
It could be a great stock long term with its positive net income and overall decent momentum.
- Been a change in key management personnel.
- Net income.
- Stable momentum of growth.
6. Energy Company
The dividend payout is attractive.
Financials look favorable with year-on-year growth in gross profit, net profit, and EPS.
Energy company so it's quite sustainable long term given the business nature.
Final thoughts
These are just some of the stocks in a wide range of industries with attractive dividends that I have found to be unique and interesting to own shares of.
What dividend stocks are attractive to you?
Let me know in the comments, I would love to hear from you.
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