The historical performance of dividend-paying stocks, consistently delivering superior long-term returns compared to their non-dividend counterparts, underscores their enduring appeal. In the current economic landscape, where inflationary pressures and recessionary concerns loom, dividend stocks stand as pillars of strength. By strategically incorporating these reliable assets into portfolios, investors not only position themselves for enduring returns but also fortify their portfolios against the uncertainties that characterize today’s markets. 

Here is the list of six U.S. stocks available on Fundvest that will pay a dividend in April 2024: 

NYSE: Altria Group (MO) 

Dividend to be paid in April 30: 0,98 USD per share 
Stock price (as of 07.03.2024): 41,46 USD 
Dividend yield (yearly): 9,46% 
Ex-dividend date for April dividend:  22.03.2024 
Payment date: 30.04.2024 

NYSE: Federal Realty Investment Trust (FRT) 

Dividend to be paid in April 15: 1,09 USD per share 
Stock price (as of 07.03.2024): 101,81 USD 
Dividend yield (yearly): 4,28% 
Ex-dividend date for April dividend:  12.03.2024 
Payment date: 15.04.2024 

NYSE: Best Buy Co Inc (BBY) 

Dividend to be paid in April 11: 0,94 USD per share 
Stock price (as of 07.03.2024): 78,21 USD 
Dividend yield (yearly): 4,81% 
Ex-dividend date for April dividend:  20.03.2024 
Payment date: 11.04.2024

NYSE: Hp Inc (HPQ) 

Dividend to be paid in April 3: 0,2756 USD per share 
Stock price (as of 08.03.2024): 30,54 USD 
Dividend yield (yearly): 3,65% 
Ex-dividend date for April dividend:  12.03.2024 
Payment date: 03.04.2024 

NASDAQ: Cisco Systems Inc (CSCO) 

Dividend to be paid in April 24: 0,4 USD per share 
Stock price (as of 08.03.2024): 48,90 USD 
Dividend yield (yearly): 3,25% 
Ex-dividend date for April dividend:  03.04.2024 
Payment date: 24.04.2024 

NYSE: Sysco Corporation (SYY) 

Dividend to be paid in April 26: 0,5 USD per share 
Stock price (as of 08.03.2024): 79,88 USD 
Dividend yield (yearly): 2,53% 
Ex-dividend date for April dividend:  04.04.2024  Payment date: 26.04.2024 

It is important to note, that the dividend payments are proposed by the management of the companies and approved by the shareholders meeting. Therefore, even companies that have a good and stable dividend history, might decrease their dividend or even stop paying them when encountering difficult times. Don’t forget to diversify your investment portfolio!  

* The ex-dividend date – usually investors (shareholders) who buy the Stock (shares) on the ex-dividend date or after will not receive a dividend for last period.   

Please be advised that the list presented is informative and not intended to be an investment advice suggesting specific stocks, 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. Please consult an expert, if necessary.     

In this article, Fundvest has used third party data, therefore Fundvest neither takes any responsibility for the data presented, nor intends to update the information presented in this article. Data can be updated.   

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