One of the best ways to create and amass wealth is through investing in the stock market. With a potential increase in the profits of the company, shareholders are guaranteed increased dividends.
Finding the best dividend stocks in the market to invest in is very important because not all dividend stocks turn out to be good investments.
A dividend refers to the share of a company’s profits among its shareholders. Many of the most traded companies in the world also happen to be big corporations. This is because it’s easier to predict their profitability than small companies.
However, this doesn’t entirely mean that investing in small companies isn’t worth it because there are many small companies with high dividends for their stockholders.
The following are some of the top dividend-stocks to buy in 2021;
1. Crescent Capital BDC, Inc
With its primary objective being to maximize its stockholder’s total earnings, you know the company will be a safe investment. In February this year, the company reported a net investment of $49.9 million which is equivalent to $1.80 per share.
Crescent Capital, through its management, also announced that its Board of Directors will be getting dividends in the first quarter of 2021 worth $0.41 per share, which will be paid on April 15, 2021. This will be after the close of business on March 31, 2021.
2. AT&T Inc
AT&T has been registering increased dividends for decades now. As of 2021, the company has a dividend yield of 7.2%, which doesn’t appear to slow down in any near future. Although this company has had its fair share of rough patches, it seems to have bounced back in a major way.
The company’s wireless sector that accounts for over 42% of its total revenue, has also paid off even during the pandemic.
3. Blackstone Group Inc
Not only is the company a steady gainer, but also it has increased dividends. The company has maintained a consistent growth rate. This year has even been better, registering a 34% increase, and it’s predicted to grow an average of 15% in the next five years.
According to the experts at money morning, Blackstone’s policy is to pay out about 85% of its distributable earnings every quarter. This means you’re guaranteed higher yields whenever the company moves up.
4. Exxon Mobil Corp
Although oil prices fell flat earlier during the pandemic, you shouldn’t rule out investing in Exxon Mobil Corp. with a steady increase in energy prices across the globe now; the company has been one of the biggest gainers.
It registers a 6.4% yield in dividends which is very generous, and with the various tech plans the company has put in place, it seems the only way to move for the company is up.
If you want to make a worthwhile investment in the X dividend-stocks, you must do your research about a company’s performance and trajectory. This will help you decide on which company suits your investment goals, whether short-term or long-term.