Introduction: Are you looking to maximize your investment returns in 2016? High dividend stocks can be a great way to achieve this goal. In this article, we will explore some of the top high dividend US stocks that investors should consider adding to their portfolios. Whether you are a seasoned investor or just starting out, these stocks can provide you with a steady stream of income and potential capital gains.
Understanding High Dividend Stocks
High dividend stocks are shares of companies that pay out a significant portion of their earnings as dividends to their shareholders. These companies tend to have strong financial health, stable cash flows, and a long history of paying dividends. Investors often seek out high dividend stocks for their income-generating potential and as a hedge against market volatility.
Top High Dividend US Stocks in 2016
Exxon Mobil Corporation (XOM) Exxon Mobil is one of the largest oil and gas companies in the world. With a dividend yield of over 3%, it is a favorite among income investors. The company has paid dividends for over 100 years and has increased its dividend for 33 consecutive years.
Johnson & Johnson (JNJ) Johnson & Johnson is a diversified healthcare company that has paid dividends for over 125 years. With a dividend yield of approximately 2.6%, JNJ is known for its reliable and consistent dividend payments. The company's strong pharmaceutical and consumer healthcare businesses make it a solid investment choice.
Procter & Gamble (PG) Procter & Gamble is a leading consumer goods company that has paid dividends for over 130 years. With a dividend yield of around 3.1%, PG is known for its diverse product portfolio and strong global brand recognition. The company's stable and predictable dividend payments make it an attractive investment for income seekers.
IBM (IBM) International Business Machines Corporation (IBM) is a global technology company that has paid dividends for over 100 years. With a dividend yield of about 3.5%, IBM offers investors a mix of dividend income and potential capital gains. The company's focus on cloud computing and cognitive solutions positions it well for long-term growth.
Philip Morris International (PM) Philip Morris International is a leading tobacco company that has paid dividends for over 50 years. With a dividend yield of around 4.6%, PM is known for its strong dividend growth and consistent payouts. The company's exposure to international markets makes it less vulnerable to economic downturns in the United States.
Conclusion
Incorporating high dividend stocks into your investment portfolio can provide you with a steady stream of income and potential capital gains. As we approach 2016, consider adding these top high dividend US stocks to your portfolio to maximize your returns. Always remember to do your research and consult with a financial advisor before making any investment decisions.