In the volatile world of investments, finding stocks that consistently deliver dividends can be a game-changer for your financial portfolio. The year 2017 was a banner year for dividend-paying stocks in the United States, with many companies increasing their dividend yields. In this article, we'll explore the top US dividend stocks of 2017 and how they can help you secure your financial future.
Understanding Dividend Stocks
Before diving into the top picks from 2017, it's important to understand what makes a dividend stock appealing. Dividend stocks are shares of companies that pay out a portion of their earnings to shareholders in the form of dividends. These payments can provide a steady stream of income and can be a significant source of wealth over time.
Top US Dividend Stocks of 2017
Exxon Mobil Corporation (XOM) Exxon Mobil is one of the largest oil and gas companies in the world. In 2017, it was one of the top dividend stocks, offering a yield of around 2.6%. The company's strong financial performance and commitment to increasing dividends made it a favorite among investors.
Johnson & Johnson (JNJ) Johnson & Johnson is a diversified healthcare company that has been paying dividends since 1944. In 2017, it offered a yield of approximately 2.8%. The company's strong position in the healthcare industry and its commitment to innovation made it a top pick for dividend investors.
Procter & Gamble (PG) Procter & Gamble is a leading consumer goods company with a long history of paying dividends. In 2017, it offered a yield of around 3.1%. The company's diverse product portfolio and strong brand recognition contributed to its popularity among dividend investors.
Microsoft Corporation (MSFT) Microsoft is a technology giant that has been paying dividends since 2003. In 2017, it offered a yield of approximately 2.0%. The company's strong financial performance and commitment to innovation made it a top pick for dividend investors.
Verizon Communications Inc. (VZ) Verizon is a leading telecommunications company that has been paying dividends since 2004. In 2017, it offered a yield of around 4.3%. The company's strong position in the telecommunications industry and its commitment to increasing dividends made it a top pick for dividend investors.
Why Invest in Dividend Stocks?
Investing in dividend stocks can offer several benefits:
- Income: Dividends provide a steady stream of income, which can be particularly valuable during retirement or in times of economic uncertainty.
- Growth: Dividend-paying companies often have strong financial health and a history of increasing dividends over time.
- Protection: Dividend stocks can provide a level of protection against market volatility, as they tend to hold their value better during downturns.
Conclusion
Investing in dividend stocks can be a smart strategy for securing your financial future. By focusing on companies with a strong track record of paying dividends and increasing their yields, you can build a diversified portfolio that provides both income and growth potential. The top US dividend stocks of 2017 offer a great starting point for investors looking to capitalize on this investment strategy.
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