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 | 6.76% | 63.95% | 9.72% | 1.88% | 0.20% | -7.33% | 7.77% |
| SunCoke Energy | 4.79% | 37.43% | 8.55% | 1.21% | 0.15% | 48.96% | 0.00% |
| BHP | 5.62% | 97.56% | 33.54% | 5.89% | 0.18% | -9.08% | 1.90% |
| Vale | 10.28% | 65.65% | 4.51% | 1.09% | 0.24% | 31.07% | 6.31% |
| Procter & Gamble | 2.43% | 88.49% | 35.79% | 7.60% | 0.21% | 6.03% | 4.57% |
| Sherwin-Williams | 0.81% | 20.27% | 32.88% | 3.73% | 0.31% | -8.75% | 2.66% |
| Waste Management | 1.31% | 43.34% | 33.40% | 438.78% | 0.48% | 7.91% | 7.18% |
| Southern Copper | 2.04% | 55.09% | 22.69% | 8.35% | 0.40% | 5.48% | 16.33% |
| Freeport-McMoRan | 1.52% | 25.63% | 16.90% | 3.24% | 0.19% | 24.57% | 0.00% |
| 3M | 1.90% | 47.50% | 19.41% | 20.80% | 0.96% | -10.21% | -0.17% |
| Ecolab | 0.89% | 23.81% | 35.90% | 8.66% | 0.25% | 4.99% | 7.41% |
| Republic Services | 0.98% | 32.96% | 35.06% | 6.28% | 0.18% | 1.13% | 4.33% |
| Nucor | 1.52% | 25.75% | 16.45% | 1.64% | 0.10% | 6.25% | 3.88% |
| Dow | 7.05% | 176.64% | 25.11% | 1.57% | 0.06% | 5.92% | 0.00% |
| Corteva | 1.03% | 65.04% | 64.04% | 1.80% | 0.03% | 20.48% | 0.00% |
| DuPont de Nemours | 1.83% | 121.31% | 66.78% | 1.49% | 0.02% | 6.30% | -0.07% |
| Prudential Financial | 4.70% | 69.34% | 14.63% | 1.43% | 0.10% | 5.39% | 9.13% |
| PPG Industries | 1.69% | 41.52% | 18.72% | 3.57% | 0.19% | 6.08% | 0.15% |
| Newmont | 2.10% | -109.88% | -45.22% | 1.83% | -0.04% | -7.03% | 16.09% |
| Nutrien | 4.18% | 144.91% | 34.87% | 1.02% | 0.03% | 4.18% | 0.00% |
| Vulcan Materials | 0.68% | 28.43% | 42.28% | 4.54% | 0.11% | 8.21% | 23.66% |
| Barrick Gold | 2.04% | 32.43% | 15.00% | 1.32% | 0.09% | 23.53% | 6.46% |
| Martin Marietta Materials | 0.58% | 9.36% | 16.14% | 3.41% | 0.22% | 8.24% | 6.70% |
| Franco-Nevada | 1.04% | -38.12% | -42.02% | 4.44% | -0.11% | 7.78% | 6.32% |
| Agnico Eagle Mines | 1.67% | 65.81% | 48.05% | 2.34% | 0.05% | 23.81% | 20.89% |
| Albemarle | 1.93% | -25.49% | -8.05% | 0.99% | -0.11% | 1.84% | 3.88% |
| Coterra Energy | 3.05% | 50.08% | 16.38% | 1.56% | 0.09% | 19.14% | 26.51% |
| Kellogg | 2.75% | 57.33% | 21.15% | 7.52% | 0.39% | 0.00% | 1.75% |
| Wheaton Precious Metals | 0.90% | 45.58% | 51.15% | 4.29% | 0.09% | 11.49% | 9.08% |
| CRH | 1.19% | 50.40% | 22.45% | 3.66% | 0.17% | 9.96% | 4.42% |
| International Flavors & Fragrances | 1.87% | -26.63% | -9.44% | 1.48% | -0.16% | -11.58% | -0.72% |
| Steel Dynamics | 1.32% | 18.39% | 13.76% | 2.37% | 0.17% | 13.90% | 14.87% |
| Westlake | 1.75% | 267.35% | 153.38% | 1.41% | 0.01% | 14.87% | 11.22% |
| ArcelorMittal | 1.73% | -125.02% | -73.21% | 0.42% | -0.01% | 11.83% | 0.00% |
| Reliance Steel & Aluminum | 1.48% | 23.72% | 15.62% | 2.21% | 0.14% | 14.87% | 12.13% |
| Avery Dennison | 1.88% | 39.37% | 20.96% | 6.37% | 0.31% | 8.83% | 9.92% |
| CF Industries | 2.42% | 30.41% | 12.64% | 2.83% | 0.21% | 10.76% | -8.76% |
| Amcor | 4.99% | 164.90% | 32.70% | 3.84% | 0.11% | -2.28% | 2.44% |
| Packaging of America | 2.35% | 58.14% | 24.54% | 4.44% | 0.19% | 9.61% | 12.07% |
| RPM International | 1.57% | 37.24% | 24.15% | 5.80% | 0.26% | 6.03% | 6.79% |
| Celanese | 3.09% | 28.17% | 6.83% | 1.02% | 0.15% | 3.13% | 11.65% |
| Owens Corning | 1.40% | 19.50% | 14.92% | 2.75% | 0.19% | 22.22% | 14.13% |
| International Paper | 3.23% | 115.23% | 35.66% | 2.43% | 0.07% | -1.67% | 2.47% |
| FMC | 6.10% | 19.96% | 3.26% | 1.03% | 0.33% | 7.18% | 14.48% |
| Crown | 1.12% | 28.07% | 24.91% | 4.17% | 0.17% | 0.00% | 0.00% |
| Advanced Drainage Systems | 0.49% | 10.30% | 21.04% | 6.37% | 0.33% | -14.41% | 31.53% |
| Eastman Chemical | 3.15% | 41.88% | 13.38% | 2.10% | 0.16% | 5.28% | 8.44% |
| WestRock | 0.59% | 164.43% | 72.00% | 1.36% | 0.02% | -19.86% | -7.87% |
| AptarGroup | 1.22% | 30.45% | 25.71% | 3.90% | 0.15% | 3.91% | 4.67% |
| Royal Gold | 1.11% | 36.04% | 34.07% | 3.22% | 0.10% | 8.58% | 6.53% |
| Olin | 2.82% | 87.75% | 30.33% | 1.60% | 0.05% | 0.00% | 0.00% |
| United States Steel | 0.52% | 0.00% | 22.44% | 0.53% | 0.03% | 0.00% | 0.00% |
| First Industrial Realty Trust | 2.66% | 64.18% | 25.32% | 2.68% | 0.11% | 9.98% | 13.68% |
| Simpson Manufacturing | 0.64% | 10.77% | 22.70% | 3.32% | 0.17% | -0.54% | 10.51% |