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. Target
Target (TGT ) offers a dividend yield of 2.84% based on Thursday’s closing price of $78.99 and pays a dividend of $2.24. The stock is down 7.95% from its 52-week high. Dividend.com currently rates Target as “Recommended”, with a DARS™ rating of 3.5 stars out of 5 stars and a dividend reliability of 4.5 (sector average is 3.7).
2. Chevron Corp.
Chevron Corp (CVX ) offers a dividend yield of 4.99% based on Thursday’s closing price of $85.85 and pays a dividend of $4.28. The stock is down 33.72% from its 52-week high. Dividend.com currently rates Chevron Corp. as “Recommended”, with a DARS™ rating of 3.5 stars out of 5 stars and a dividend reliability of 4.5 (sector average is 3.7).
3. Energizer Holdings
Energizer Holdings (ENR ) offers a dividend yield of 2.45% based on Thursday’s closing price of $40.80 and pays a dividend of $1. The stock is down 3.86% from its 52-week high. Dividend.com currently rates Energizer Holdings as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 3.9).
4. Walgreens Boots Alliance
Walgreens Boots Alliance (WBA ) offers a dividend yield of 1.56% based on Thursday’s closing price of $92.54 and pays a dividend of $1.44. The stock is down 4.89% from its 52-week high. Dividend.com currently rates Walgreens Boots Alliance 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).
5. Consolidated Edison
Consolidated Edison (ED ) offers a dividend yield of 3.89% based on Thursday’s closing price of $66.92 and pays a dividend of $2.60. The stock is down 7.38% from its 52-week high. Dividend.com currently rates Consolidated Edison as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars and a dividend reliability of 4.5 (sector average is 3.9).
6. Archer Daniels Midland Co.
Archer Daniels Midland Co. (ADM ) offers a dividend yield of 2.36% based on Thursday’s closing price of $47.51 and pays a dividend of $1.12. The stock is down 11.87% from its 52-week high. Dividend.com currently rates Archer Daniels Midland as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars and a dividend reliability of 4.0 (sector average is 3.9).
