Best Stocks to Buy with Dividends Right Now
With markets around the world starting to rebound to pre-pandemic levels, now is the ideal time for investors to strengthen their investment portfolios. While all stock investments come with various risk levels, there are some companies that have a steady history of offering high-yield dividends. Here’s a look at the best stocks to buy with dividends right now.
Vodafone
Vodafone may be based in the UK, but its major markets are in Africa, Western Europe, and India. Some investors have backed away from Vodafone in recent years, due to its less than impressive performance results. The reality is, however, that Vodafone has taken this time to restructure the company by splitting its services and infrastructure offerings into two separate entities and by investing in 5G technology solutions. These changes have helped the company realize a 6.5% year-over-year growth rate for the first half of 2021. It currently offers a yield dividend of 6.9%.
AbbVie
As one of the country’s major drug manufacturers, AbbVie has provided investors with dividend increases for the last 25 years. It’s hard to beat this type of reliability when it comes to investments. Some investors, however, are warning of a potential downfall of AbbVie stock when its blockbuster Humira’s patent expires in 2023. While the expiration of this patent can be cause for concern, AbbVie will hold its Imbruvica patent until 2036 and its recent acquisition of Allergan is likely to be enough to overcome any losses due to Humira.
Easterly Government Properties
What makes Easterly Government Properties different from other leading real estate investment trusts (REIT) is the fact that it leases property almost exclusively to government agencies. This partnership with the government creates a high profit, low-risk business model for Easterly Government Property. In fact, the company boasts a 99% occupancy rate. These are just a few reasons why its stock provides a dividend yield of 4.9%.
Ford Motor Co.
Ford Motor’s recent decision to reinstate its 2% stock dividend may have been criticized by some but investors are certainly happy after dividends were suspended in 2020. What makes Ford Motor Co. a good stock option is the company’s decision to go all-in on electrification technology. In fact, the company announced a $30 billion investment plan that includes the introduction of electric models of some of Ford’s most popular vehicles, including the Mustang and F-150 truck. Early signs are showing success as Ford CEO, Jim Farley, announced that it has already sold out of its first generation of electric vehicles.
Investors looking to expand their investment portfolio should consider buying any of these stocks with dividends.
