Best Basic Materials Dividend Stocks to Maximize Your Returns - 2024
The Basic Materials sector is a cornerstone of the global economy, providing the essential raw materials that fuel construction, manufacturing, and industrial processes. For dividend investors, companies in this industry offer a unique combination of stability and growth, driven by consistent demand for resources like metals, chemicals, and construction materials. Basic Materials dividend stocks not only provide a steady stream of income but also offer exposure to cyclical growth, as these companies often benefit from rising commodity prices and infrastructure development. We'll explore a list of top Basic Materials dividend stocks that can help enhance your portfolio with both income and long-term value.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Rio Tinto | 7.26% | 63.95% | 9.06% | 1.76% | 0.20% | -7.33% | 7.77% |
| SunCoke Energy | 3.60% | 41.74% | 12.09% | 1.58% | 0.14% | 0.00% | 0.00% |
| BHP | 5.79% | 97.56% | 32.55% | 5.70% | 0.18% | -9.08% | 1.90% |
| Vale | 11.50% | 65.65% | 4.04% | 0.98% | 0.24% | 31.07% | 6.31% |
| Procter & Gamble | 2.47% | 66.12% | 26.41% | 7.29% | 0.29% | 6.03% | 4.57% |
| Sherwin-Williams | 0.81% | 27.33% | 34.70% | 21.36% | 0.68% | -8.75% | 2.66% |
| Waste Management | 1.42% | 45.06% | 32.06% | 10.61% | 0.36% | 7.91% | 7.18% |
| Southern Copper | 1.98% | 61.44% | 27.12% | 9.20% | 0.37% | 23.43% | 19.42% |
| Freeport-McMoRan | 1.37% | 43.19% | 31.55% | 3.60% | 0.12% | 31.95% | 0.00% |
| 3M | 2.40% | 55.40% | 17.57% | 16.63% | 0.96% | -10.21% | -0.17% |
| Ecolab | 0.99% | 32.16% | 33.17% | 7.93% | 0.25% | 4.99% | 7.41% |
| Republic Services | 1.05% | 34.17% | 33.77% | 5.93% | 0.18% | 1.13% | 4.33% |
| Nucor | 1.76% | 20.61% | 11.55% | 1.42% | 0.12% | 6.25% | 3.88% |
| Dow | 6.85% | 185.20% | 27.05% | 1.57% | 0.06% | 0.00% | 0.00% |
| Corteva | 1.10% | 65.04% | 59.82% | 1.68% | 0.03% | 0.00% | 0.00% |
| DuPont de Nemours | 1.82% | 79.10% | 43.69% | 1.44% | 0.03% | -1.08% | 1.18% |
| Prudential Financial | 4.39% | 45.82% | 10.30% | 1.39% | 0.14% | 5.39% | 9.13% |
| PPG Industries | 2.22% | 41.52% | 18.78% | 3.58% | 0.19% | 6.08% | 0.15% |
| Newmont | 2.40% | -109.88% | -39.65% | 1.61% | -0.04% | -7.03% | 16.09% |
| Nutrien | 4.19% | 144.91% | 34.76% | 1.02% | 0.03% | 4.18% | 0.00% |
| Vulcan Materials | 0.65% | 28.43% | 43.96% | 4.72% | 0.11% | 8.96% | 45.66% |
| Barrick Gold | 2.36% | 43.24% | 17.04% | 1.17% | 0.07% | 23.53% | 6.46% |
| Martin Marietta Materials | 0.53% | 9.41% | 17.69% | 3.83% | 0.23% | 8.76% | 5.76% |
| Franco-Nevada | 1.18% | -38.12% | -37.11% | 3.92% | -0.11% | 7.44% | 6.57% |
| Agnico Eagle Mines | 1.89% | 65.81% | 42.43% | 2.07% | 0.05% | 23.81% | 20.89% |
| Albemarle | 1.66% | -14.36% | -6.08% | 1.12% | -0.18% | 1.84% | 3.88% |
| Coterra Energy | 3.38% | 50.08% | 14.80% | 1.41% | 0.09% | 36.16% | 27.88% |
| Kellogg | 2.77% | 76.62% | 27.84% | 7.66% | 0.30% | 0.00% | 1.75% |
| Wheaton Precious Metals | 1.08% | 45.58% | 42.79% | 3.59% | 0.09% | 11.49% | 9.08% |
| CRH | 1.37% | 50.40% | 19.42% | 3.16% | 0.17% | 9.96% | 4.42% |
| International Flavors & Fragrances | 2.26% | -26.63% | -9.83% | 1.54% | -0.16% | 2.67% | 8.30% |
| Steel Dynamics | 1.47% | 16.06% | 10.98% | 2.12% | 0.19% | 13.90% | 14.87% |
| Westlake | 1.74% | 267.35% | 154.50% | 1.42% | 0.01% | 14.87% | 11.22% |
| ArcelorMittal | 2.14% | -125.02% | -59.31% | 0.34% | -0.01% | 11.83% | 0.00% |
| Reliance Steel & Aluminum | 1.43% | 23.72% | 16.17% | 2.29% | 0.14% | 14.87% | 9.87% |
| Avery Dennison | 1.79% | 40.40% | 22.98% | 6.48% | 0.30% | 8.83% | 9.92% |
| CF Industries | 2.07% | 30.41% | 14.84% | 3.35% | 0.21% | 10.76% | -8.76% |
| Amcor | 5.18% | 94.93% | 18.15% | 3.56% | 0.20% | -2.28% | 0.00% |
| Packaging of America | 2.09% | 58.14% | 27.68% | 5.01% | 0.19% | 10.76% | 12.70% |
| RPM International | 1.40% | 38.49% | 27.99% | 6.50% | 0.25% | 5.60% | 9.56% |
| Celanese | 3.90% | 28.17% | 7.20% | 1.08% | 0.15% | 3.13% | 11.65% |
| Owens Corning | 1.39% | 19.50% | 15.06% | 2.77% | 0.19% | 22.22% | 14.13% |
| International Paper | 3.29% | 152.86% | 46.73% | 2.27% | 0.05% | -1.67% | 2.47% |
| FMC | 4.33% | 19.96% | 4.60% | 1.45% | 0.33% | 7.18% | 14.48% |
| Crown | 1.17% | 121.43% | 103.73% | 4.01% | 0.04% | 0.00% | 0.00% |
| Advanced Drainage Systems | 0.49% | 9.48% | 19.81% | 6.65% | 0.37% | -14.41% | 0.00% |
| Eastman Chemical | 3.55% | 42.82% | 12.07% | 1.89% | 0.16% | 5.28% | 8.44% |
| WestRock | 1.17% | 164.43% | 72.00% | 1.36% | 0.02% | -19.86% | -7.87% |
| AptarGroup | 1.09% | 33.06% | 31.07% | 4.12% | 0.14% | 3.91% | 4.67% |
| Royal Gold | 1.19% | 36.04% | 31.60% | 2.99% | 0.10% | 8.58% | 6.53% |
| Olin | 2.39% | 63.20% | 25.95% | 1.90% | 0.07% | 0.00% | 0.00% |
| United States Steel | 0.56% | 0.00% | 20.50% | 0.70% | 0.03% | 0.00% | 0.00% |
| First Industrial Realty Trust | 2.71% | 60.52% | 22.66% | 2.65% | 0.12% | 8.03% | 14.18% |
| Simpson Manufacturing | 0.59% | 14.37% | 24.46% | 4.22% | 0.18% | 4.27% | 10.95% |