Short-term capital gains are taxed at a rate of 25%, while dividends are taxed at a rate of roughly 15%. Dividend stocks outperform growth stocks by a wide margin over lengthy periods. This year, global dividend payments to investors will total more than $1.3 trillion, an increase of over 26% year over year. Because US Treasury Bond yields are languishing around 1.45 percent, well below the usual 3 percent inflation rate, investors should consider dividend stocks.
Here is Insider Monkey’s list of the 10 best dividend stocks for steady growth. Universal Corporation was established in 1886 and has a market capitalization of more than $1.2 billion. The fundamentals of the Virginia-based company are sound. It generated $350 million in revenue for the first quarter, up 10.8% year over year. The National Fuel Gas Company distributes a strong and consistent dividend to its shareholders. The company outperformed market forecasts on earnings per share ($0.11) in the third fiscal quarter. Revenue for the quarter was $394 million, up 22% year over year. The H.B. Fuller Company is a speciality chemicals company with a long history of paying out dividends. In the third fiscal quarter, the company’s revenue exceeded market estimates by about $30 million, and it upped its fiscal year guidance. Retail investors who use internet sites like Reddit to trade investment ideas are particularly fond of the company. The shares of Tootsie Roll Industries, Inc. was briefly stopped due to volatility earlier this year. The company has handled these difficulties admirably, allowing earnings to remain unaffected. Another specialty chemical firm on our list of dividend stocks for steady growth is Stepan Company. The company reported revenue of more than $595 million in the second quarter, increasing over 30% from the previous year’s same period. For more details, click 10 Best Dividend Stocks For Steady Growth.
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