High Dividend Stocks with Robust Performance Over the Last 3 Years
Investing in stocks can be a complex endeavor, but focusing on those with high dividends can offer a steady stream of income. As of my last knowledge update in August 2023, several stocks have maintained both high dividend payments and have shown positive stock performance over the past three years. Below is a closer look at some of the top performers in this category.
ATT Inc. (T)
ATT Inc., a telecommunications company, has a history of paying significant dividends. Despite facing industry challenges, they have managed to maintain a substantial dividend yield. The company's stock has shown mixed performance, but it continues to be a popular choice for dividend investors.
Realty Income Corporation (O)
Realty Income Corporation is a real estate investment trust (REIT) that is often referred to as a 'monthly dividend stock.' The company's consistent growth in dividends over the years has made it a reliable source of income for investors. While it may not have seen the same level of performance as its valuation, it remains a strong choice for those seeking reliable dividends.
Altria Group Inc. (MO)
Altria Group Inc. offers high dividends, but investors should be aware that its stock performance has been more volatile due to regulatory pressures. The company's commitment to maintaining steady dividend payments, however, has been a key factor in its appeal to investors.
3M Company (MMM)
3M Company has a long history of paying dividends and has increased its dividend yearly for many consecutive years. While the stock has faced some challenges, its stability and consistent dividend growth make it an attractive option for investors seeking stability.
Chevron Corporation (CVX)
Chevron Corporation is a well-known player in the energy sector. The company has been solid in providing substantial dividends and has benefitted from rising oil prices. This has contributed to its overall performance and has made it a preferred choice for dividend investors.
Key Considerations
When considering high dividend-paying stocks, it's crucial to evaluate several key factors:
Dividend Yield: This is calculated by dividing the annual dividend payment by the stock price. High yields might seem attractive, but they can also indicate potential risk. Stock Performance: Analyzing the stock price trends over the past three years can help assess the overall performance of the company and its stock. Market Conditions: Broader market conditions, including interest rates and sector-specific factors, can significantly influence the performance of dividend stocks.Notable High Dividend Stocks with Recent Growth
In the past few years, some high dividend stocks have exhibited significant growth. Here are a few examples:
Chimera Investments (CIM)
Chimera Investments is a real estate company that saw a growth of 11% in the last year and has a 9% annual dividend yield. The company's consistent payment of dividends and growth in the stock price make it an attractive option for income-focused investors.
ATT Inc. (T)
ATT Inc. has seen a remarkable growth of 28% in the last year with a 5% dividend yield that is increasing annually. This makes it a compelling choice for investors looking for both a steady income stream and potential capital gains.
A Biogen (ABBV)
A Biogen is another strong performer, growing 20% in the last year with a 5% dividend yield that is also increasing annually. The company's growth and consistent dividend payments have made it a popular option for dividend investors.
It's important to note that stock performance is not guaranteed, and there are always risks involved with any investment. The rising economic conditions have contributed to the growth of many high-dividend stocks. This does not constitute an endorsement, and it is possible that these stocks could experience a downturn due to unforeseen market conditions.
Before making any investment decisions, it is essential to conduct thorough research, consider the latest market data, and possibly consult with a financial advisor to align your investments with your financial goals and risk tolerance.