Growing and sustaining your wealth during these economically challenging times is no easy task – especially if you’re a business owner. Looking out for your organization and ensuring it remains on the track leading to success means continuously looking for opportunities to reinvest and grow your business.
William Schantz believes that one way to do this is by stock market investing, which can provide you with the funds you need to support your business goals. But picking the right stocks isn’t always easy – especially if you don’t have a lot of experience in the market.
Here is William Schantz’s list of 4 high dividend-paying stocks experts recommend you invest in today. These businesses have strong financials, consistent dividend payments, and are well-positioned to weather any economic storms that might come their way.
4 High Dividend Paying Stocks – As Per William Schantz
1. Johnson & Johnson (NYSE: JNJ)
Dividend Yield: 2.4% | Dividend History: 57 years | Market Cap: $380 billion | Sector: Healthcare
Johnson & Johnson is a healthcare conglomerate with a long history of dividend payments. The company operates in three segments: Pharmaceutical, Medical Devices, and Consumer Health.
Johnson & Johnson has a strong portfolio of products, including over-the-counter drugs, medical devices, and baby care products. The company’s brands are some of the most recognizable in the world, including Tylenol, Band-Aid, and Listerine.
Johnson & Johnson has increased its dividend for 57 consecutive years and is a Dividend Aristocrat – a select group of companies that have increased their dividends for 25+ consecutive years. The company’s stock is also a component of the Dow Jones Industrial Average (DJIA).
2. Exxon Mobil Corporation (NYSE: XOM)
Dividend Yield: 4% | Dividend History: 35 years | Market Cap: $290 billion | Sector: Energy
Exxon Mobil is the world’s largest publicly traded oil and gas company. The company operates in more than 70 countries and has a diversified business portfolio that includes Upstream, Downstream, and Chemical operations.
Exxon Mobil is one of the most reliable dividend payers on the market, with 35 consecutive years of dividend increases. The company’s strong financials and global reach make it well-positioned to weather any economic storms that might come its way.
Exxon Mobil’s stock is a component of the Dow Jones Industrial Average (DJIA).
3. AT&T Inc. (NYSE: T)
Dividend Yield: 5.8% | Dividend History: 34 years | Market Cap: $219 billion | Sector: Telecommunications
AT&T is a telecommunications giant with a long history of dividend payments. The company offers wireless, broadband, and TV services to consumers and businesses in the United States.
AT&T has increased its dividend for 34 consecutive years and is a Dividend Aristocrat – a select group of companies that have increased their dividends for 25+ consecutive years. The company’s stock is also a component of the S&P 500 Index.
4. Procter & Gamble Company (NYSE: PG)
Dividend Yield: 2.8% | Dividend History: 61 years | Market Cap: $306 billion | Sector:Consumer Staples
Procter & Gamble is a consumer staples giant with a long history of dividend payments. The company operates in more than 80 countries and sells a wide range of household products, including laundry detergent, shampoo, and paper towels.
Procter & Gamble has increased its dividend for 61 consecutive years and is a Dividend Aristocrat – a select group of companies that have increased their dividends for 25+ consecutive years. The company’s stock is also a component of the S&P 500 Index.
Bottom Line
William Schantz points out that these are just a few of the high dividend-paying stocks experts recommend you invest in today. If you’re looking for reliable income sources to help support your business goals, these stocks should be at the top of your list.