In 2008, the S&P 500 Dividend Aristocrats index fell by nearly 22%. Dividend companies have historically outperformed other stocks in times of financial distress. Between 1977 and 1978, the corporate sector paid out more than half of all cash dividends. Financial markets are on the mend following a pandemic-related halt. Many corporations that had earlier lowered their payouts are now restoring them. The Coca-Cola Company, Proctor & Gamble Company, and Exxon Mobil Corporation are among the most well-known dividend stocks.
Insider Monkey analyzes the list of the best high dividend stocks under $50. Brookfield Renewable Partners L.P. is a limited partnership based in Canada that invests in renewable energy assets. The company had a strong second quarter, with funds from operations totaling $268 million, up 23% year over year. The yearly dividend paid by ASE Technology Holding Co. is $0.22 per share, yielding 3.20 percent. The dividend payout ratio for the corporation is 51.16 percent. The stock has returned 15.24 percent to stockholders since the beginning of the year. The Buckle, Inc. pays a $1.32 per share annual dividend, yielding 3.29 percent. For the previous two years, the company has continuously increased its dividend. With $47.2 million in shares, Ken Heebner’s Capital Growth Management is the largest stakeholder. Pfizer Inc. has a 12-year track record of increasing dividends consistently. The company now pays a $1.56 per share annual dividend, yielding 3.77 percent. On the list of the best high dividend stocks under $50, it ranks seventh. In the last three years, FirstEnergy Corp. has increased its dividend by 9% and now pays an annual dividend of $1.56 per share, yielding 4.38 percent. The company’s dividend payout ratio is 65.2 percent. With 19 million shares, Carl Icahn’s Icahn Capital is the company’s largest stakeholder. Holly Energy Partners, L.P. is an American energy corporation that operates in the petroleum and pipeline industries. The board of directors declared a quarterly dividend of $0.35 per share, yielding 7.06 percent annually. For more details, click 11 Best High Dividend Stocks Under $50.
