The best dividend paying stocks can vary from time to time depending on the market conditions and the financial performance of companies. However, here are some examples of companies that have shown a good dividend yield in the past year and have a long history of paying them. All of those stocks are also available on Fundvest app.
The list has been compiled based on the highest dividend yields as of May 6, 2023 from the S&P 500 dividend aristocrats list. To be included in that list, companies must have been increasing their dividend payments for the past 25 years at least, be in the S&P 500 index, and show a float- adjusted market cap of at least USD 3 billion and an average trading value of USD 5 million 3 months prior.
It’s important to note that while high dividend yields can be attractive to investors seeking income, it’s also important to consider other factors such as the company’s financial health, growth prospects, and overall market conditions before making investment decisions. Also worth mentioning is the fact, that dividend yields themselves can be highly effected by the current share price and can therefore change a lot in a short period of time.
Please note that this article is in no way intended to be investment advice, but merely a presentation of facts. All Fundvest clients are encouraged to do their own research and make sure of their risk tolerance and financial capacity before making investment decisions.
Fundvest does not take responsibility, for the information presented in this article becoming outdated and therefore wrong.
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Investment services are provided by Fundvest UAB (private limited liability company established in Lithuania, registration code 305667997, registered address Gedimino av. 20, Vilnius Lithuania). Fundvest UAB is licenced and supervised by the Bank of Lithuania as a financial brokerage firm (category B). More information is available on the website of the Bank of Lithuania.
Nothing on this website can be considered as an offer or advice to purchase or sell any security in any jurisdiction. Fundvest does not provide tax, accounting, or legal advice to its clients, and all investors are advised to consult with professional advisors regarding any potential investment.