The yield on 10-year US Treasury notes is only 1.45 percent, well below the current inflation rate. Consumer prices climbed by 5.3 percent on an annual basis, down from 5.4 percent in June and July. Diversifying their portfolios with high-quality dividend shares is a smart move. In 2021, investors are expected to get $1.39 trillion in dividends. Dividend aristocrats are well-known blue-chip corporations that have consistently grown dividend distributions for at least 25 years. AT&T, Exxon Mobil Corporation, and Realty Income Corporation are three of the most prominent dividend aristocrats that give investors a passive income. The iShares S&P 500 Dividend Aristocrats ETF has returned 25.64 percent in the last year. Year to date, the iShares 7-10 Year Treasury Bond ETF has lost 4.5 percent. Monthly stock picks from Insider Monkey surpassed the market by 86 percentage points.
Insider Monkey takes a look at the 10 best stocks for dividends. For 59 years, The Coca-Cola Company has increased dividend payments. Non-alcoholic beverages are sold worldwide by the Georgia-based soft drink behemoth. The company’s revenue for the quarter totaled $10.13 billion, up 42 percent from the previous year. Personal safety items, medical supplies, home improvement products, and auto care products are all manufactured and sold by 3M Company. The company’s market capitalization is $107 billion. The stock has increased by 11.5 percent in the last year and is up by 6% year to date. Federal Realty Investment Trust is a real estate investment trust that owns and manages 105 properties. The company’s market capitalization is $9.4 billion. Federal Realty reported $1.41 per share in funds from operations in the second quarter of 2021. For the past 50 years, Leggett & Platt, Inc. has increased its dividend, now paying $1.68 per share to shareholders. The company, situated in Missouri, makes and sells home furniture and fixtures. Over the last 45 years, the Illinois-based drugstore has increased its dividend distribution. Walgreens Boots Alliance, Inc. is a drugstore chain with over 21,000 locations. In the third quarter, the company’s revenue was $34.03 billion, up 12.1% year over year. For more details, click 10 Best Stocks For Dividends.
Unsplash
