Investor's Guide: Top Dividend Stocks for Reliable Returns
Thursday, 16 May 2024, 12:00
Abbott Laboratories: A proven value creator
Abbott Laboratories is a healthcare company with significant assets in high-growth markets like metabolic diseases and cardiac devices. The company faces competition but maintains an economic moat with innovation.
Key reasons to invest in Abbott:
- Dividend yield: Abbott stock boasts a 2.12% annualized yield, higher than the S&P 500 average.
- Consecutive dividends: The company has been paying dividends quarterly since 1924, increasing payouts for 51 years.
- Dividend growth: Over 5 years, dividend checks increased by 11.4% annually.
Invest in Abbott for consistent returns across economic cycles.
Medtronic: A dividend check you can count on
Medtronic is a global medical device company rewarding shareholders with consistent dividends. The company has increased dividends for 46 consecutive years.
Why invest in Medtronic:
- Dividend yield: Medtronic offers a 3.27% annualized yield.
- Future growth: While dividend growth rate is 5%, shares trade at bargain value.
Consider investing in Medtronic before interest rates decline for potential gains.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.