Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

How to Find the Best Dividend Stocks

It's only April, but it appears dividend payouts this year will soar past 2012's tally – meaning all investors need to know how to find the best dividend stocks or risk missing out on record-high yield.

Barron's reports that in Q1, 944 of approximately 10,000 U.S. companies boosted payouts, either by increases, extras or resumption. That was up a hefty 39.4% from 677 companies a year ago.

Dividend increases alone tallied $14.5 billion. Cash payments jumped 12%, while the forward indicated dividend rate reached an all-time high.

The following favorite dividend stocks are among those that juiced payouts in the first quarter:

  • 3M Co. (NYSE: MMM) raised its dividend 8% to $0.63 per share.
  • General Electric Co. (NYSE: GE) increased quarterly payment 12% to $0.19 per share.

Join the conversation. Click here to jump to comments…

  1. Jessica Angelaes | April 25, 2013

    Informative post. Thank you for sharing. Investing in dividend stocks yeilds you good income if selected a perfect portfolio observing the changing market trends. A good investor has to keep the thorough knowlegde about the global market and the indutries before investing. It is always recommended to have a expert opinion while selecting your portfolio.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK