Top 25 Dividend Stocks - For High Returns in 2024
Investing in top dividend stocks is an excellent strategy for building a portfolio that delivers both income and long-term growth. The stocks that make the top 25 list are from well-established companies with a strong track record of paying consistent dividends, often for decades. These companies operate in diverse sectors such as consumer goods, healthcare, energy, and financial services, providing stability and resilience even in fluctuating markets. We’ll explore the top 25 dividend stocks, showcasing why these companies are standout performers, offering investors reliable payouts and the potential for future growth, making them ideal for those looking to generate steady income while investing for the long term.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Coca-Cola | 3.46% | 75.57% | 28.10% | 11.58% | 0.41% | 3.36% | 5.09% |
| PepsiCo | 3.78% | 75.99% | 25.63% | 12.33% | 0.49% | 6.63% | 8.24% |
| McDonald's | 2.65% | 56.79% | 27.23% | -46.89% | -1.73% | 8.26% | 7.16% |
| Altria | 9.95% | 67.28% | 8.47% | -28.52% | -2.69% | 5.06% | 7.63% |
| AbbVie | 4.11% | 201.82% | 62.54% | 49.26% | 0.57% | 10.52% | 13.98% |
| Merck & Co | 3.61% | 55.64% | 19.67% | 6.20% | 0.34% | 8.26% | 5.52% |
| Pfizer | 5.79% | -360.95% | -62.87% | 1.86% | -0.03% | 4.08% | 5.50% |
| Exxon Mobil | 3.15% | 45.65% | 15.25% | 1.94% | 0.16% | 2.64% | 4.11% |
| Chevron | 4.24% | 62.19% | 14.72% | 1.73% | 0.12% | 6.16% | 4.47% |
| Kimberly-Clark | 4.40% | 95.24% | 27.31% | 36.13% | 1.55% | 3.37% | 3.83% |
| General Mills | 4.31% | 56.29% | 16.11% | 4.17% | 0.26% | 2.89% | 4.76% |
| Hershey | 2.89% | 55.23% | 20.13% | 9.27% | 0.46% | 10.09% | 9.43% |
| Mondelez International | 2.45% | 57.16% | 24.28% | 3.46% | 0.14% | 11.03% | 9.23% |
| CVS Health | 5.85% | 45.29% | 9.93% | 0.95% | 0.10% | 3.89% | 10.40% |
| Southern | 3.05% | 65.44% | 22.13% | 3.14% | 0.14% | 3.16% | 3.28% |
| Duke Energy | 3.44% | 75.16% | 21.55% | 1.86% | 0.09% | 2.24% | 2.77% |
| American Electric Power | 3.51% | 69.60% | 20.12% | 2.03% | 0.10% | 5.90% | 5.62% |
| Waste Management | 1.75% | 46.07% | 33.29% | 11.36% | 0.36% | 8.52% | 6.73% |
| Visa | 0.73% | 21.48% | 29.80% | 14.33% | 0.48% | 16.27% | 3.01% |
| JPMorgan Chase | 2.05% | 19.89% | 11.92% | 1.85% | 0.16% | 10.31% | 11.53% |
| Johnson & Johnson | 3.73% | 59.38% | 27.03% | 5.55% | 0.21% | 5.83% | 6.14% |
| Procter & Gamble | 2.93% | 91.23% | 40.33% | 8.03% | 0.21% | 5.63% | 4.67% |
| Home Depot | 2.20% | 58.41% | 26.93% | 90.01% | 6.78% | 15.20% | 18.28% |
| Lowe's | 1.63% | 36.59% | 22.31% | -11.23% | -0.47% | 19.29% | 20.25% |
| IBM | 2.87% | 72.25% | 25.35% | 8.90% | 0.36% | 1.32% | 6.01% |