For more than 50 years, dividend stocks have contributed considerably to investment results. Dividend stocks provided approximately 41% of the total returns of the S&P 500 Index between 1930 and 2020. Dividends generated an incredible 80% of return on investment in the 1970s. The Coca-Cola Company, Johnson & Johnson, and Proctor & Gamble are all well-known dividend stocks. According to expert estimations, dividend returns are thought to have accounted for the bulk of the overall return for the S&P 500 Index over the last century. Because of their enormous dividends, these companies are known as the “Dividend Kings.”
Insider Monkey compiled this list of 10 dividend stocks to buy under $20. At the end of the June quarter, 24 hedge funds had positions in People’s United Financial, Inc. valued at around $219 million. This compares to 20 positions with a total stake worth around $208.5 million in the previous quarter. Hennessy Advisors, Inc. has a trailing twelve-month PE ratio of 10.40 and a six-month gain of 15.34 percent. The company’s $4.31 million revenue is a year-over-year increase of 24.06 percent. Star Group, L.P, sells home heating and air conditioning goods and services. The company is situated in Stamford, Connecticut, and was created in 1995. Star Group is ranked eighth on the list of the top 10 dividend stocks to buy under $20. Banco Santander (Brasil) S.A. is a Brazilian bank that offers a variety of banking products and services to individuals, small and medium businesses, and corporations in Brazil and around the world. With a Neutral rating and a R$47 price target, Bradesco BBI analyst Gustavo Schroden assumed coverage of the firm. Arbor Realty Trust, Inc. has issued a $0.35 per share quarterly cash dividend for the quarter ending June 30, 2021. This is the company’s sixth consecutive quarterly growth, up 12.9 percent from the previous quarter. For more details, click 10 Dividend Stocks To Buy Under $20.
