Blue-chip corporations often have large market capitalization, excellent balance sheets, and a long track record. Since 1920, The Coca-Cola Company has issued quarterly dividends, which have been increasing since 1963. Dividends are paid by Apple Inc., UnitedHealth Group Incorporated and AbbVie Inc. Blue-chip stocks are a superb alternative for investors seeking a steady return, especially during times of market volatility. In recent years, Apple Inc. and UnitedHealth Group Incorporated have generated strong returns. Due to the shift in online buying, Amazon.com, Inc. reported a 200 percent profit increase in 2020.
Insider Monkey analyzes the list of the best blue-chip stocks right now. Today, AbbVie Inc. employs approximately 48,000 people. For its customers, the company also offers innovative remedies. The stock has returned 9.10 percent to owners since the beginning of the year and 23.3 percent in the previous year. Because of its long history of dividend increases, The Coca-Cola Company is one of the greatest blue-chip companies right now. The board of directors declared a quarterly dividend of $0.42 per share, yielding 2.9 percent. The Procter & Gamble Company is a consumer goods conglomerate. The board of directors declared a $0.8698 per share quarterly dividend. According to Morgan Stanley, the stock has returned 5.89 percent in the last year. Johnson & Johnson is a global consumer good, pharmaceuticals, and medical device business based in the United States. Because of superior digital healthcare solutions, the company’s healthcare industry is one of the largest in the world. In the second quarter of 2021, it earned more than $164 million from vaccines. UnitedHealth Group is a healthcare and insurance conglomerate. On June 29th, the company’s board of directors increased the quarterly dividend by 16 percent to $1.45 per share. The stock has returned 18.7 percent to stockholders since the beginning of the year. For more details, click 12 Best Blue-Chip Stocks Right Now.
