Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
The 5 Top Dividend Stocks to Watch Now
https://moneymorning.com/?p=1131249
Required Please enter the correct value.
Twitter
Stocks: ARR, bdx, HPQ, MKC, WRE

The 5 Top Dividend Stocks to Watch Now

By Money Morning News Team, Money Morning • January 6, 2020

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published.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

Some HTML is OK

While 2019's market handsomely rewarded investors, the U.S. Federal Reserve also cut interest rates to around 1.75% during the year, making it a little harder for folks to make passive income through savings accounts.

Fortunately, the top dividend stocks to watch now are great ways for investors to overcome this hurdle. Income-seeking investors may want extra money for retirement funds or a cash portion of their portfolio.

And our favorite picks today are some of the best dividend stocks to own now, offering the appreciation and income potential that could do just that over the long term.

Plus, dividend stocks can leap over historically low interest rates on bond yields and cash.

In fact, our top pick for dividend stocks is providing its investors with a dividend of more than 11%. That's a whopping five times more than the average 2% yield on an S&P 500 stock.

Check out our picks below.

The Top Dividend Stocks to Watch Now, No. 5: McCormick & Co.

Stocks that consumers will buy year in and year out, regardless of the economy, tend to offer stable dividends. And that's the case with one of the best dividend stocks, McCormick & Co. (NYSE: MKC). It's likely you've seen some of its products if you've ever looked in a spice cabinet.

MKC was founded in 1889, but it's still providing plenty of spice to investor portfolios. Recently, it hiked its dividend 9%, to $0.62 per quarter from $0.57. In fact, as of Dec. 31, 2019, shareholders of record will get in on this raised dividend - payable on Jan. 13.

The Top Dividend Stocks to Watch Now, No. 4: Washington Real Estate Trust

Investors searching for both protections against low interest rates and a huge upside need to look long and hard at real estate investment trusts (REITs).

Great dividends are only part of the story with REITs. They also offer nice tax benefits and protection against inflation in the future.

But not all REITs are equal. What we also look for are REITs in markets where demand is high, so they have the tenants to maintain their dividends.

We've found all of that in this top dividend stock, Washington REIT (NASDAQ: WRE), which manages corporate and multifamily properties in Washington, D.C.

Right now, WRE has a dividend yield of 4%, 100% more than the U.S. 10-year bond.

WRE's price target is $35 by 2020's first quarter. In other words, strong stock price appreciation and a rock-solid dividend yield are yours with this stock.

The Top Dividend Stocks to Watch Now, No. 3: Becton Dickinson

Money Morning Chief Investment Strategist Keith Fitz-Gerald has a principle he adheres to in times when markets are uncertain. As long as consumers have to have a company's products, the stock will do well.

The medical supply sector is a great example of "must own" stocks. You can choose not to buy a car or not to get fancy gadgets if times are tight. But medicine is always in demand.

The "must have" products are why medical supply company Becton Dickinson & Co. (NYSE: BDX) is a top dividend stock to own. And it recently boosted its dividend from $0.77 to $0.79.

That's good for a yield of 1.22%. But BDX is a higher-growth equity, too. And its share price is expected to climb 12% in 2020.

The Top Dividend Stocks to Watch Now, No. 2: Hewlett Packard

Tech company Hewlett Packard Inc. (NYSE: HPQ), is another great dividend-yielding stock that has also raised its dividend recently. It now pays a nice 3.4% yield.

While HPQ stock has been trading weakly, the fact that the company has robust cash flow (meaning that the dividend is reliable) - and it has an expected short-term upside of about $24 per share - makes it a great dividend stock to buy.

HPQ is also supported by several large hedge funds buying it on the idea that a potential merger with Xerox Inc. (NYSE: XRX) could happen in the future.

Right now, Carl Icahn owns more than 10% of HPQ and is pushing the board to approve the merger. And Icahn and the hedge funds could realistically create pressure for HPQ to accept XRX's bid.

The Top Dividend Stocks to Watch Now, No. 1

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz