what stock is paying the highest dividend

What is the dividend yield of Pepsico?

Dividend yield: 2.95%. Pepsico is best known for its iconic namesake soft drink, but the company's success comes from much more than just Pepsi-Cola. Among its brands and divisions are Frito-Lay, Quaker Foods, Lipton, Doritos, Gatorade, Lay’s, Ruffles, Tostitos and Tropicana.

Where is Emerson Electric located?

Headquartered in Ferguson, Missouri, Emerson Electric is a Fortune 500 company that provides engineering and automation services to a broad range of consumer, commercial and industrial markets. It was founded more than a century ago. Related: How Investing Will Change in the Next 25 Years.

What is the S&P 500?

The S&P 500 is the most holistic of the three mainstream U.S. stock market indices and is supposed to represent a broad, inclusive array of the largest domestic companies.

What is the current yield of Kinder Morgan?

The company also trades at around 13 times 2020 AFFO, an entirely reasonable multiple. Current yield: 6.22%. Kinder Morgan ( KMI) As the second-largest publicly traded "midstream" oil and gas company in the U.S., the Houston-based Kinder Morgan is an established energy gathering, storage and transportation company.

What is Iron Mountain?

Technically considered a real estate investment trust, or REIT, Iron Mountain is a longtime purveyor of corporate data and information management services. The go-to company for physical document storage – think sensitive records and document destruction – the company has increasingly pivoted to offer digitization services, data center and cloud storage solutions in the digital age. As a REIT, the business is required to pay out at least 90% of taxable income to unit-holders in exchange for the ability to legally forego corporate taxes. The company expects adjusted funds from operations, or AFFO, a key profitability metric for REITs, to grow between 6% and 11% on a per-share basis in 2021. The company also trades at around 13 times 2020 AFFO, an entirely reasonable multiple.

How to buy dividend stocks?

Here’s how to buy a dividend stock: 1. Find a dividend-paying stock. You can screen for stocks that pay dividends on many financial sites, as well as on your online broker's website.

What does a high dividend yield mean?

Among other things, a too-high dividend yield can indicate the payout is unsustainable, or that investors are selling the stock, driving down its share price and increasing the dividend yield as a result.

What is dividend ETF?

Dividend ETFs or index funds offer investors access to a selection of dividend stocks within a single investment — that means with just one transaction, you can own a portfolio of dividend stocks. The fund will then pay out dividends to you on a regular basis, which you can take as income or reinvest.

How do dividend stocks work?

Dividend stocks distribute a portion of the company's earnings to investors on a regular basis. Most American dividend stocks pay investors a set amount each quarter, and the top ones increase their payouts over time, so investors can build an annuity-like cash stream. (Investors can also choose to reinvest dividends.

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What is dividend aristocrat?

The Dividend Aristocrats are large companies with reliable dividend payments and high liquidity , and the index as a whole may offer more diversification than high-yield dividend indexes (which are typically heavily weighted toward the financials and utilities sectors).

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NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues.