Payout ratio, price-to-book ratio, Sharpe ratio, and other vital metrics are among the most important. Expert income investors consider all of these aspects when deciding which firm is ideal for their portfolio. Companies that have recently cut or abolished dividends might not be the best investments. Dividend equities with high yields can and have outperformed the market as a whole. Global X researched the performance of high dividend equities in rising rate situations and came up with some exciting results.
Insider Monkey takes a look at the 10 dividend stocks that raised their dividend in 2021. Ally Financial Inc. is ranked 10th. The company’s revenue was $2.08 billion, up 29.58 percent year over year and $213.29 million higher than analysts’ expectations. Ares Management Corporation is ranked 9th. The company’s revenue was $478.36 million, which was $28.89 million higher than expected. It is up 44.03 percent in the last six months and 69.09 percent for the year. Best Buy Co., Inc. is a consumer electronics retailer based in the United States and Canada. On the list of dividend stocks that raised their dividend in 2021, the company is ranked eighth. Best Buy is up 2.55 percent in the last six months and is up 10.81 percent for the year. Jefferies Financial Group Inc. is ranked 7th. Revenue was $4.44 billion, up 286.68 percent year over year and $2.86 billion higher than expected. Newmont Corporation is a materials corporation focused on gold exploration and production. The corporation also explores copper, silver, zinc, and lead. Newmont Corporation reported an EPS of $0.83 in the second quarter of 2021. For more details, click 10 Dividend Stocks That Raised Their Dividend In 2021.
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