Here’s a list of some US Stocks that pay Dividends
Looking to pick a dividend stock on the New York Stock Exchange or the NASDAQ but you’re totally clueless on what companies even pay a dividend in the first place.
Well we have created a list of US companies who pay dividends to get you started. This list is by no means exhaustive and is only intended to lay a foundation for your own research. That being said, lets dive in first with a brief recap on what dividends even mean…
What is a Dividend?
A dividend is a share of a company’s profits distributed to shareholders, paid like a bonus to investors. Dividends are a way shareholders participate and share in the growth of the company, above and beyond the appreciation of the share’s price. It’s also good to note that not all companies on the stock market pay dividends, so we have decided to highlight some of the companies who do.
Here are some dividend stocks to consider buying this 2019
Target Corp. (NYSE: TGT)
Dividend Yield: ~3.6 %.
Ford (Ticker Symbol: MO)
Dividend Yield: ~5.7 %.
Altria Group (Ticker Symbol: MO)
Dividend Yield: ~5.7 %.
CVS (CVS)
Dividend Yield: ~ 2.5 % dividend.
Occidental Petroleum Corp. (OXY)
Dividend Yield: ~4.5 %
AbbVie (ABBV)
Dividend Yield: ~4.6 %
Intel Corp. (INTC)
Dividend Yield: ~2.5 %
PepsiCo (PEP)
Dividend Yield: ~2.9%
Philip Morris International (PM)
Dividend Yield: ~5.4%
Pfizer Inc. (PFE)
Dividend Yield: ~3.7%
Chevron (CVX)
Dividend Yield: ~4%
Home Depot (HD)
Dividend Yield: ~2.7%
Procter & Gamble (PG)
Dividend Yield: ~2.8%
Exxon Mobil (XOM)
Dividend Yield: ~4.5%
Johnson & Johnson (JNJ)
Dividend Yield: ~2.7%
Cisco Systems (CSCO)
Dividend Yield: ~2.5%
Other companies that pay dividends include Apple (AAPL), Microsoft (MSFT), Wells Fargo (WFC), and Verizon (VZ).
In Conclusion
We hope this was helpful in a way for you to start further research on what US companies to invest in.
With Trove, you can purchase any of the stocks listed on the Nasdaq Stock Market, the New York Stock Exchange and even some Chinese companies like Alibaba, Baidu etc. as a Nigerian.
How do I begin trading US Stocks from Nigeria?
To get started you would have to download the Trove app. To download the Trove app from the Play Store click here and to download from the App store click here.
In case you have downloaded the Trove app but still don’t know how to get started, check out this post How to start buying stocks on the Trove app.
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Disclaimer: Trove is a financial technology service that allows users place orders for securities via its mobile application. Trove is not a registered broker-dealer or investment advisor and does not provide personalized or individual investment advice of any kind. Nigerian brokerage services are provided by Sigma Securities Limited, a company duly registered by the Securities and Exchange Commission and US equities provided by Drivewealth LLC, member FINRA and SIPC. The product features provided are meant for informational purposes only and are not intended to serve as a recommendation to buy or sell any security. Trove is not in any way affiliated with companies with listed securities and all information is provided strictly for promotional purposes. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns.
