How to Find the Best High Dividend Stocks

We often hear that Millennials are terrible investors because most Millennials entered the workforce during the 2008 financial crisis. Afterward, many hesitated to invest after seeing their families lose money, and those who often invested very conservatively. 

Popular Millennial Stocks

This has been seen by Financial Brokerage Platforms like Robinhood, popular among Millennials. The platform gained 10 million users from 2016 to 2020 and added 3 million users during the pandemic. 

What Are Dividends

Dividends are a portion of the company’s earnings that are distributed to shareholders. In addition to the value of a company’s stock going up, dividends are an additional payment sent to shareholders simply for owning the company. 

Dividend Investing Is a Growing Trend

Dividend Investing is a growing trend investment strategy involving owning primarily stocks that offer dividends. The idea is that by owning enough stocks that offer dividends, those dividend payments can eventually entirely replace your income for retirement. 

What Is The Average Dividend Yield

In the S&P 500, which gauges 500 popular American companies. The average dividend yield of the S&P 500 is 2.00%. So, for every $100 you invest in the S&P 500, you will earn $2 annually in dividend payments. 

What Are High Dividend Stocks?

High Dividend Stocks are typically stocks that offer a dividend yield greater than the average 2.00%. Typically high dividend stocks come from companies with strong cash flow such as: 

– REITs (Real Estate Investment Trust) – Oil & Gas Companies – Telecommunication Companies – Utilities – Banks

Popular High Dividend Stocks

Bank High Dividend Stocks Citigroup (C) – Dividend Yield 4.74%  JPMorgan Chase (JPM) – Dividend Yield 3.55% Energy Company High Dividend Stocks ExxonMobil (XOM) – Dividend Yield 10.19%  Chevron (CVX) – Dividend Yield 7.07%  Edison (EIX) – Dividend Yield 4.53% DCP Midstream (DCP) – Dividend Yield 12.05% 

Real Estate High Dividend Stocks Realty Income Corporation (O)- Dividend Yield 4.64%  Universal Health Realty Trust (UHT) – Divined Yield 5.01%  Simon Property Group (SPG) – Dividend Yield 8.02%  Iron Mountain (IRM) – Dividend Yield 8.99%  Telecommunication High Dividend Stocks Verizon (VZ) – Dividend Yield 4.3%  AT&T (T) – Dividend Yield 7.61%  CenturyLink (LUMN) – Dividend Yield 10.14%  Cisco (CSCO) – Dividend Yield 3.59% 

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