Dividends are an effective income generation tool for both short- and long-term investors. To capitalize on dividends, investors must ensure that they purchase the stock before the ex-dividend date and hold the stock through this period. Payments for dividends usually occur two to six weeks after the Ex-Date. For more information please check out Everything Investors Need to Know About Ex-Dividend Dates.
1. TJX Companies
TJX Companies (TJX ) offers a dividend yield of 1.21% based on Friday’s closing price of $69.63 and pays a dividend of $0.84. The stock is down 1.97% from its 52-week high. Dividend.com currently rates TJX Companies as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 3.7).
2. Exxon Mobil
Exxon Mobil (XOM ) offers a dividend yield of 3.80% based on Friday’s closing price of $76.83 and pays a dividend of $2.92. The stock is down 23.41% from its 52-week high. Dividend.com currently rates Exxon Mobil as “Neutral”, with a DARS™ rating of 3.3 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 3.7).
3. Zoetis Inc.
Zoetis Inc. (ZTS ) offers a dividend yield of 0.69% based on Friday’s closing price of $48.31 and pays a dividend of $0.33. The stock is down 12.77% from its 52-week high. Dividend.com currently rates Zoetis Inc. as “Neutral”, with a DARS™ rating of 3.2 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 4.0).
4. Entergy Corp.
Entergy Corp. (ETR ) offers a dividend yield of 4.73% based on Friday’s closing price of $70.26 and pays a dividend of $3.32. The stock is down 23.65% from its 52-week high. Dividend.com currently rates Entergy Corp. as “Neutral”, with a DARS™ rating of 3.1 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 3.9).
5. Avon Products
Avon Products (AVP ) offers a dividend yield of 3.92% based on Friday’s closing price of $6.13 and pays a dividend of $0.24. The stock is down 57.01% from its 52-week high. Dividend.com currently rates Avon Products as “Neutral”, with a DARS™ rating of 3.0 stars out of 5 stars and a dividend reliability of 3.5 (sector average is 3.9).
6. Hudson City Bancorp
Hudson City Bancorp (HCBK) offers a dividend yield of 1.56% based on Friday’s closing price of $10.24 and pays a dividend of $0.16. The stock is down 4.92% from its 52-week high. Dividend.com currently rates Hudson City Bancorp as “Neutral”, with a DARS™ rating of 2.7 stars out of 5 stars and a dividend reliability of 3.0 (sector average is 3.6).
