Investors are gravitating toward dividend-paying growth companies that are less volatile and more dependable. Non-dividend-paying companies had an average annual return of +4.18 percent from 1991 to 2015, whereas dividend-paying stocks had an average annual return of +9.7 percent. Many investors like dividend-paying companies because they offer them consistent income. Johnson & Johnson has a market capitalization of $445 billion and a dividend yield of 2.51%. In the first quarter of 2021, the company’s net revenue was $22.3 billion. During the epidemic, the corporation celebrated its 25th anniversary of dividend payments. International Business Machines Corporation has a market cap of $128.4 billion and a dividend yield of 4.56 percent. In April, Pool Corporation increased its dividend by 5.5 percent, making it the eighth year in a row that it has raised. In the first quarter, legendary investor Stanley Druckenmiller purchased a new stake in JPMorgan Chase & Co. Individuals, companies, institutions, and governments all over the world are served by the New York-based firm.
Here is Insider Monkey’s list of the 10 best dividend stocks to buy according to Stanley Druckenmiller. With over 250 bank locations in the Southeast, First Horizon Corporation is one of Tennessee’s major banks. The board of directors of First Horizon declared a quarterly common stock dividend of $0.15 per share. The dividend will be paid to investors who were on the books from March 12, 2021 to April 1, 2021. Vale S.A. is ranked 9th on Stanley Druckenmiller’s list of the top 10 dividend stocks to buy. Vale has a market capitalization of $110.4 billion and operates in over 30 countries across the world. By 2050, the Brazilian miners intend to phase out fossil fuels. Cummins Inc., an Indiana-based electric power production company, is ranked eighth on Stanley Druckenmiller’s list of the top ten dividend stocks to buy. The company, which was started in 1919, now has over 5,000 locations in 197 countries. Cummins announced a $1.35 per share cash dividend on the common stock, payable on June 3, 2021 to shareholders of record on May 21, 2021. Linde Plc, situated in Ireland, is ranked 7th on Stanley Druckenmiller’s list of the top 10 dividend stocks to purchase. The corporation is one of the world’s largest industrial gas companies. Linde has a market capitalization of $156 billion and now pays a 1.41 percent dividend yield. Caterpillar Inc, a construction equipment manufacturer based in Illinois, is ranked 6th on Stanley Druckenmiller’s list of the top 10 dividend stocks to buy. The company was established in 1925 and has routinely paid annual dividends since then. Caterpillar has a market capitalization of $132 billion and now pays a 1.71 percent dividend yield. For more details, click 10 Best Dividend Stocks to Buy According to Stanley Druckenmiller.
