Want dividend safety, consistency, growth, and a yield? See these 10 names
Nov. 15, 2024 10:39 AM ET
By: Jason Capul, SA News Editor
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When it comes to dividend investing, most investors want safety, consistency, growth, and yield, but finding that exact combination can be a challenge.
As a result, Seeking Alpha screened a list of stocks that fit the mold for the above requirements, and found only 10 names. They have a B+ or higher Seeking Alpha grade in each of the following categories: dividend safety, dividend consistency, dividend growth, and dividend yield.
The list of names is ranked by lowest to highest dividend yield.
No. 10: Matson, Inc. (NYSE: MATX): Dividend yield of 0.83%.
No. 9: Cigna Group (NYSE: CI): Dividend yield of 1.73%.
No. 8: Qualcomm (NASDAQ: QCOM): Dividend yield of 2.07%.
No. 7: Snap-on Incorporated (NYSE: SNA): Dividend yield of 2.39%.
No. 6: Lockheed Martin Corporation (NYSE: LMT): Dividend yield of 2.45%.
No. 5: Robert Half (NYSE: RHI): Dividend yield of 2.81%.
No. 4: Merck & Co. (NYSE: MRK): Dividend yield of 3.13%.
No. 3: Dillard’s (NYSE: DDS): Dividend yield of 4.85%.
No. 2: American Financial Group (NYSE: AFG): Dividend yield of 6.83%.
No. 1: Innovative Industrial Properties (NYSE: IIPR): Dividend yield of 7.35%.
Year-to-date price action: MATX +50.1%, CI +8.1%, QCOM +13.3%, SNA +23.8%, LMT +18.9%, RHI -14.2%, MRK -5.6%, DDS +7.3%, AFG +19.4%, and IIPR +2.6%.
For a broader approach to the dividend landscape, investors can look towards these dividend-focused exchange-traded funds:
- Vanguard Dividend Appreciation ETF ( VIG)
- Schwab US Dividend Equity ETF ( SCHD)
- Vanguard High Dividend Yield Index ETF ( VYM)
- iShares Core Dividend Growth ETF ( DGRO)
- SPDR S&P Dividend ETF ( SDY)
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