It is expected that some industries and companies have negative growth because of the pandemic; nevertheless, it is still recommended to invest in various companies’ stocks. As economic activity continues, these companies will also get back on track.
Below are the 10 Best Dividend Stocks For 2021
Holly Energy Partners, L.P. specializes in product services in the petroleum industry. Unfortunately, COVID-19 affected the company negatively in Q4. They declared $0.35 per share in January of 2021.
Another company would be National Health Investors, they had increased shares and dividends by 3.7% and 5%, respectively, in Q4 of 2020. Emmbridge Inc is an energy transportation company. They reaffirmed its outlook for 5%-7% average long-term annual distributable cash flow per share growth.
Realty Income Corporation recently bought a gas station and convenience store portfolio in Hawaii, which amounted to $109.4 million. This acquisition would increase the volume of their shares by $3.44-$3.49 per share.
Even if they engage in various business ventures, Kinder Morgan, Inc. stock prices recently went down to $17; however, this resulted from the weak markets amidst the COVID-19 pandemic.
It is also ideal to invest in companies with a consistent increase in their dividends, such as Enterprise Products Partners L.P.
In over 20 years, the company has a dividend yield of 7% and is considered one of the best dividends stock to buy this 2021. Currently, it has plans to repurpose the pipeline as a measure to reduce investments during this time of market uncertainty.
Altria Group, Inc. has over 50 consecutive years in dividend hikes. This is one of the safest dividend stocks to buy this 2021, and International Business Machines Corporations had a consistent increase in dividends for the past 20 years. Over the 12 months, it has gained about 17%.
Another company would be Philip Morris International which had ten years of a consecutive dividend hike. The company also expects a 40% increase in net revenue in its smokeless product line.
Finally, Phizer Inc. shares have increased over 20% in the last 12 months primarily because they are the supplier of the COVID-19 vaccine, with expected to sell about $15 billion worth of vaccine and will have a net profit in the range of 20%.
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