Top Dividend Stocks (April 2024)

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Top dividend stocks provide a steady stream of income to shareholders, and many still offer the potential for stock price appreciation.

refers to a company that is known to regularly reward their shareholders with a fraction of their profits on a monthly, quarterly, semi-annually or sometimes even a yearly basis.

Another great aspect of adding dividend stocks to one’s portfolio is the ability to reinvest any dividends paid out by a company, using them to buy more shares , and taking advantage of compounding returns.The dividend stocks that have been screened and included in the list below show solid, consistent dividend prospects, strong fundamentals, long profit histories and strong credit ratings.

The company operates 32 active mines and stands as the second-largest coal supplier in the U.S. Even though the company’s shares have dipped slightly by 5% so far this year , they have skyrocketed 135% over a five year period.Carter’s, Inc. is the largest branded marketer of apparel and related products in the U.S. and Canada, catering exclusively to babies and young children. Founded in 1865 by William Carter, the company’s products are sold through approximately 1,000 Carter-operated stores.

The past year has seen this stock price increase by 5.9%, with a massive 51.49% increase over the last 5 years.To start, we focused only on those U.S. stocks that have a market capitalization exceeding $1 billion as well as a significant market share, while presenting stable financial conditions for continuing the growth of their dividend payouts regardless of ongoing macro conditions.

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