Best stocks to buy for December 2020! Top 10 most popular dividend stocks!

Today, we are going through the top 10 most popular dividend stocks to buy and hold forever that could make you rich. These dividend stocks are in no particular order. Dividend stocks are one of the best yielding investments so we want dividends that are safe, stable, and are growing bigger every year. Microsoft is our first dividend stock which has beat the market by more than 3 fold and has grown 36.85% year to date. The dividend safety score for this stock is a B+ Which means that Microsoft’s dividends are safe and will continue in giving. Another great stock would be Apple stock which has a modest dividend of slightly above a 6. Over here on our dividend summary, Microsoft has a 10.45% growth rate with 17 years of dividend growth plus this dividend like many others is paid out every three months. Our next dividend stock is a favorite of some investors and it’s AT&T which has over a 7% dividend which ranks it as an A for dividend yield because it has such a high paying dividend. Even though it’s dividend yield is over two times what we saw for Microsoft, AT&T also has way more debt than Microsoft. AT&T is rated a C+ for dividend growth which makes it passable by most dividend investing standards. Here on the dividend summary we clearly see that AT&T has a phenomenal dividend yield and payout ratio with 20 years of dividend growth making it a good dividend stock to add to any portfolio. Here comes one of my favorite Dividend stocks, it’s Bank of America which has a moderate dividend yield for the financial sector but it has an A+ rating for dividend growth and it’s a personal favorite of both me and Warren Buffet. Bank of America investors have loved the last five years of a compounding annual growth rate of 40.63%. Even with the uncertainty in the market Bank of America has paid out its dividends with no problem because of the companies sturdy fundamentals. With a 2.8% yield and a 40.63% growth rate, it's a strong dividend stock that every investor should have in their portfolio. Next on the list, we have Cisco systems which have recently been a favorite of value investors but there is a slight catch. Depending on what type of dividend you are looking for this could be a great stock or one you might want to skip because it’s rank as a C- for dividend growth which makes it barely average but on the other hand Cisco is rank as an A+ for dividend yield with a mediocre dividend safety score. You also might find some trouble on Cisco’s balance sheet concerning their debt to earnings data which is always something to be conscious of. Next, we have Intel which is a great dividend stock, which has strap competition with Nvidia and AMD both of which I have in my portfolio. Intel has a slightly below-average ranking of a D+ for dividend growth so I would suggest maybe looking into Nvidia or AMD instead if you can handle the Dividend drop. Next, we have Exxon which I used to hold until I sold it all right before the oil industry tanked because I think with the rapidly growing EV sector and green energy on the rise it will put some pressure on the Oil industry. Exxon has a dividend safety score of a D+ which is below average not to mention that Exxon has a huge debt load which is another reason why I got out. On the bright side, Exxon has a massive dividend of just above 10% with 19 years of dividend growth. Up next we have IBM with a 5% dividend yield which was a great rebound stock play because of how it recovered faster than anticipated. IBM has a Dividend Yield rating of A+ but a dividend safety score of a D making it not ideal. The dividend summary chart might help because it has a high payout with 21-year dividend growth. Coming in at number 8 we have JNJ Johnson and Johnson which is known for its strong dividend payments and consistency. But because of recent events that have shaken the market Johnson and Johnson's dividend safety score was lowered to a D. Other choices you could look into would be Eli Lilly or proctor and gamble which are both excellent choices. Number 9 is Verizon which has gained the attention of many investors because of their 5g technology and because they have a B- dividend growth rating which is really good. Verizon has both current and future projects that are sure to impress. If you are investing in Verizon just to get 5g exposure I would highly recommend that you also invest in The Ark investing ETF ARKW.

#Stocks #Investing #Personalfinance

Source: https://seekingalpha.com/article/4378...

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