Stocks with High Dividend Yields 2023

Stocks with High Dividend Yields

Whether you are investing for your retirement or for any other reason, it is always helpful to have some great dividend-paying stocks in your portfolio. These stocks will help to give you a regular cash pay-out, which you can then re-invest back into your portfolio. This article takes a look at some of the best dividend paying stocks on the market today.

1. AT&T

Telecommunications as a sector is one of the highest dividend yield sectors in the market, and AT&T is certainly no exception. They have consistently paid out dividends on their stock since 1984, with a usual payout of around 4-5%. That trend shows no signs of slowing down any time soon.

2. Chevron

For investors who would like some exposure to oil and gas, Chevron can be an excellent option. As a member of the Dow Jones industrial average, Chevron is one of the biggest companies in the world – and processes regular dividend payouts of around 3.5%.

3. Ford Motor Company

The auto industry is another heavy hitter when it comes to dividend payouts. Ford’s dividend yield is usually just a little higher than that of its rival, General Motors. Where GM usually comes in around 4%, Ford is usually closer to 4.5%.

4. International Paper

International Paper has long been one of the biggest players in the paper and packing industries. Though International Paper may not seem like a “sexy” stock, their dividend yield is certainly very attractive. The company has paid uninterrupted dividends every year since 1993 – usually in the 3% range.

5. Pfizer

Investors looking at the pharmaceutical sector will naturally be drawn to one of its biggest companies – Pfizer. The pharmaceutical giant has paid quarterly dividends regularly for decades and has not shown any signs of slowing down soon. Dividend yield from Pfizer is usually around 3.5% which compares favorably to its competitor, Merck, which usually sits at around 3%.

Though every stock purchase or sale that you make should be carefully researched and considered if you are an investor who likes to receive regular dividend payments you should certainly begin by taking a look at these five companies.