Investors’ attention has been drawn to dividend stocks like Johnson & Johnson, The Coca-Cola Company, and AT&T Inc. in 2022. Investors have resorted to equities that provide consistent income as a result of rising interest rates and recessionary fears. One of the most dependable forms of income for investors is dividends. Dividend payments since the beginning of the year have surpassed all previous highs. By the end of 2022, analysts anticipate dividend payments to increase by about 10% from the previous year’s total.
Insider Monkey looked at 10 high-yield dividend stocks to buy in July. American information technology corporation International Business Machines Corporation produces and markets computer hardware and software. The company pays out $1.65 per share on a quarterly basis, for a yield of 4.74 percent, as of July 13. From $62.8 billion in 2019 to $51.7 billion in 2021, it decreased its net debt. For 51 years running, Leggett & Platt, Inc. has increased its dividend. The payout ratio of the business is currently 56.7 percent, down from 94 percent in 2020. The dividend yield on the stock was 4.76 percent as of July. In March, Best Buy Co., Inc. increased its quarterly dividend by 26 percent to $0.88 per share. For the past nine years, the business has increased its dividend every year, with a 20.6 percent 5-year CAGR. As of the closing on July 13, Walgreens Boots Alliance, Inc. was paying out a quarterly dividend of $0.4775 per share, or a yield of 5.03 percent. At 38.7%, the company’s payout ratio is likewise strong. In the past 26 years, W. P. Carey Inc. has been able to increase its dividends despite every market downturn. W.P. Carey had more than $205.4 million in cash and cash equivalents available at the end of the first quarter of 2022. For more details, click 10 High-Yield Dividend Stocks To Buy In July.
