[This is a sponsored post, but I highly approve of each company. As you well know, SBUX and HRL are already in my portfolio]
If you’re looking to improve your portfolio in 2018, you can keep an eye out for some of the best stock dividends. They are looking to be good assets, as Forbes predicts that markets will continue to trend higher during the first quarter of the year. Although the US economy might see a 20% correction, it wouldn’t be as catastrophic as others might expect. In fact, it may even create more opportunities for buying high-quality companies at a good price.
Among the many trends projected for 2018, one of the strongest driving forces is the markets’ reliance on big and established names. The top companies in various industries have attracted many investors into buying their stock dividends, mostly because of stability. If you’re looking to earn more profit through stock dividends, here are some of the best to buy in 2018.
American Water Works (AWK) – Current Yield: 2.05%
American Water Works provides one of the most essential products in the world, and they serve a variety of customers, from residential and commercial entities, all of which help maintain their track record of growth. The firm also provides a steady flow of revenue because they work in regulated markets, which means you can regularly earn income.
Starbucks (SBUX) – Current Yield: 1.99%
Starbucks still holds its position firmly as a top brand for coffee products, and the franchise can be seen almost everywhere. Its status led to a ten-year dividend growth of 500%. The company’s distinction and worldwide-reach earn reliable revenue each year, resulting in a stable profit for a lot of its shareholders.
Hormel Foods Corporation (HRL) – Current Yield: 2.17%
In the meat industry, Hormel Foods Corp. has been a big name for many decades. Their products have become staples for many households, giving them a steady revenue stream. And with such a successful business, they’re generous with their stock payouts, having had a 267% growth in the past decade.
AbbVie (ABBV) – Current Yield: 2.83%
The attraction for AbbVie stems from one of this year’s biggest market trends: strong demand for medical care. The company has become one of the leading brands in the pharmaceutical industry, due in part to its flagship product, Humira, which is used mainly for rheumatoid arthritis. Analysts now predict that their shareholder earnings will grow as much as 14% annually in the next five years.
General Motors (GM) – Current Yield: 3.45%
Since the auto industry has been rising up lately, General Motors Co. has become a viable dividend stock to buy in 2018. The automobile manufacturer has even increased sales by 4.2% in the past year, making it a strong player in its field. Its recent success has earned big revenue for a good income for its many investors.
With a tumultuous economy, especially due to geopolitical activities dictating recent market activities, it’s imperative to find good stock dividends to serve as additional contributors for financial security.