The global COVID-19 pandemic had a substantial impact on company earnings, forcing several companies to slash or significantly reduce their payouts. Dividend aristocrats are among the most profitable investment options, as they have regularly raised their dividends for more than 25 years. Dividend investing will never go out of style, particularly among passive income investors with long time horizons. The oil and gas industry has the highest yields, with average rates of over 5%. The banking, property, and casualty insurance businesses also offer attractive dividend potential.
Here is Insider Monkey’s list of the 10 dividend aristocrats to buy for 2022. One of the top dividend aristocrats to purchase for 2022 is Federal Realty Investment Trust. The corporation has a 49-year track record of increasing dividends consistently. In the third quarter, 21 hedge funds monitored by Insider Monkey were bullish on Federal Realty. Consolidated Edison, Inc. is a major investor-owned energy company in the United States. Earnings for the third quarter came in at $1.41 per share, missing forecasts by $0.07. The quarter’s revenue climbed by 8.40 percent year over year to $3.61 billion. Cardinal Health, Inc. reported third-quarter earnings on November 9. The company posted a $1.29 loss per share, below projections by $0.06 per share. Revenue were $43.97 billion, up 12.55 percent from the previous quarter. Leggett & Platt, Inc. is a maker of engineered components and products based in Missouri. The company’s quarterly sales was $1.32 billion, up 9.24 percent year over year and $3.02 million higher than analysts’ expectations. Amcor Plc announced a quarterly dividend of $0.12 per share, up 2.1 percent over the previous quarter’s payout. Flexible packaging, rigid containers, and specialty cartons for the food, beverage, pharmaceutical, medical, and domestic industries are among the company’s specialties. For more details, click 10 Dividend Aristocrats To Buy For 2022.
Unsplash
