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, check out Everything Investors Need to Know About Ex-Dividend Dates.
1. Automatic Data Processing, Inc.
Automatic Data Processing, Inc. (ADP ) offers a dividend yield of 2.57% based on Friday’s closing price of $76.15 and pays a dividend of $1.96. The stock is down 15.6% from its 52-week high. Dividend.com currently rates Automatic Data Processing, Inc. as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars.
2. Weyerhaeuser Co.
Weyerhaeuser Co. (WY ) offers a dividend yield of 4.53% based on Friday’s closing price of $27.37 and pays a dividend of $1.24. The stock is down 26.11% from its 52-week high. Dividend.com currently rates Weyerhaeuser Co. as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars.
3. Rogers Communications Inc.
Rogers Communications Inc. (RCI ) offers a dividend yield of 4.37% based on Friday’s closing price of $33.57 and pays a dividend of $1.47. The stock is down 18.39% from its 52-week high. Dividend.com currently rates Rogers Communications Inc. as “Neutral”, with a DARS™ rating of 3.3 stars out of 5 stars.
4. UnitedHealth Group Incorporated
UnitedHealth Group Incorporated (UNH ) offers a dividend yield of 1.78% based on Friday’s closing price of $112.36 and pays a dividend of $2.00. The stock is down 10.97% from its 52-week high. Dividend.com currently rates UNH as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars.
5. Ingersoll-Rand Plc
Ingersoll-Rand (IR ) offers a dividend yield of 2.20% based on Friday’s closing price of $52.84 and pays a dividend of $1.16. The stock is down 25.5% from its 52-week high. Dividend.com currently rates Ingersoll-Rand Plc as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars.
6. Starwood Hotels & Resorts Worldwide
Starwood Hotels & Resorts Worldwide (PPL ) offers a dividend yield of 2.13% based on Friday’s closing price of $70.42 and pays a dividend of $1.50. The stock is down 19.97% from its 52-week high. Dividend.com currently rates Starwood Hotels & Resorts Worldwide as “Neutral”, with a DARS™ rating of 3.4 stars out of 5 stars.
