Introduction: Investing in dividend stocks has always been a popular strategy among investors seeking stable income and long-term growth. In 2017, several U.S. companies stood out as the best dividend stocks, offering attractive yields and strong potential for capital appreciation. This article will explore the top dividend stocks of 2017 and provide insights into why they were considered the best choices for investors.
- Johnson & Johnson (NYSE: JNJ)
- Johnson & Johnson, often referred to as the "Baby Bell," has been a dividend-paying stock for over 125 years. In 2017, the company increased its dividend for the 61st consecutive year, making it one of the most reliable dividend stocks. With a strong presence in healthcare, consumer products, and pharmaceuticals, JNJ offers investors a diverse portfolio and a consistent dividend yield of around 2.7%.
- Procter & Gamble (NYSE: PG)
- Procter & Gamble, known for its wide range of consumer goods, has been a dividend-paying stock since 1937. In 2017, the company raised its dividend for the 61st consecutive year, reflecting its commitment to shareholder value. With a dividend yield of approximately 3.1%, PG provides investors with a steady income stream and the potential for capital appreciation.
- Exxon Mobil Corporation (NYSE: XOM)
- Exxon Mobil, one of the world's largest oil and gas companies, has been a dividend-paying stock since 1882. In 2017, the company increased its dividend for the 34th consecutive year, making it a top choice for income investors. With a dividend yield of around 3.4%, XOM offers investors a stable and growing income stream, along with the potential for capital appreciation.
- Microsoft Corporation (NASDAQ: MSFT)
- Microsoft, a global leader in technology, has been a dividend-paying stock since 2003. In 2017, the company increased its dividend for the 14th consecutive year, reflecting its strong financial performance and commitment to shareholders. With a dividend yield of approximately 2.1%, MSFT provides investors with a growing income stream and the potential for long-term capital appreciation.
- AT&T Inc. (NYSE: T)
- AT&T, a leading telecommunications company, has been a dividend-paying stock since 1902. In 2017, the company increased its dividend for the 34th consecutive year, making it one of the most reliable dividend stocks. With a dividend yield of around 5.5%, T offers investors a high yield and the potential for capital appreciation.
Conclusion: In 2017, these top dividend stocks stood out as the best choices for investors seeking stable income and long-term growth. From healthcare and consumer products to oil and gas and technology, these companies demonstrated their ability to generate consistent dividends and deliver strong returns. As investors continue to search for reliable income sources, these dividend stocks remain top picks for their strong fundamentals and attractive yields.