Best Dividend Stocks To Buy

Novartis
Novartis

As the stock market is recovering from the pandemic’s effect, we are seeing more retail investors than ever before. From apps such as Robinhood, Questrade which have made it easier for investors directly without having a third party to do it for you.

During the quarantine, people have been forced to look into their finances and make wiser decisions. Since there was a significant sell-off in the third week of March 2020, a majority of the stock prices had been lowered, which has made it more affordable for ordinary people to become overnight investors in the stock exchange.

 

Here are The Best Dividend Stocks To Buy

 

9. Novartis (ticker: NVS)

Novartis
Novartis

It has been a volatile year for many health care stocks, with some companies soaring based on potentially related to the pandemic and others suffering amid economic uncertainty.

However, Swiss drugmaker Novartis stands out with bright, long-term prospects thanks to its diversification

Current yield: 3.5%

 

 

8. National Health Investors (NHI)

National Health Investors
National Health Investors

A twist on the reliable business of health care is medical real estate firm National Health Investors. NHI specializes in financing solutions across the sector, largely focusing on senior-housing facilities and retirement communities.

Current yield: 7.7%

 

7. PetMed Express (PETS)

PetMed Express
PetMed Express

Another very different take on health care is this smaller and pet-focused offering, PetMed. Though selling heartworm and flea medication are not as glamorous as treating cancer or developing a cure for Alzheimer’s disease, investors should be interested in PETS for its dominance in the durable and fast-growing category of pet expenses.

Current yield: 2.9 %

 

6. Amcor (AMCR)

Amcor (AMCR)
Amcor (AMCR)

While online merchants such as PetMed have seen their day in the sun in 2020 thanks to social distancing, the reality is that more dollars are being spent digitally every year. Consider that in 2019, total e-commerce spending in the U.S. was up about 15% over the prior year, while overall spending and gross domestic product growth were in the low single digits.

Current yield:4.4%

 

 

5. Verizon Communications (VZ)

Verizon Communications
Verizon Communications Inc. (PRNewsFoto/Verizon)

Speaking of the internet, the only way you can have reliable connectivity to buy anything is through a key telecom provider such as Verizon. Its 5G – or fifth-generation – wireless network continues to grow impressively, with about 35 metro markets covered at present.

Current yield: 4.5%

 

4. Toronto-Dominion Bank (TD)

Toronto-Dominion Bank
Toronto-Dominion Bank

If you’re looking for a “forever” financial stock, it’s hard to forget about the 2008 financial crisis that resulted in catastrophic losses for big U.S. banks like Citigroup (C) and Bank of America (BAC).

Current yield: 5%

 

3. Duke Energy Corp. (DUK)

Duke Energy Corp
Duke Energy Corp

One of the largest for-profit utilities in the U.S., Duke boasts a market value of roughly $60 billion at present and nearly 8 million electric customers across six different states, covering a service area of more than 90,000 square miles. On top of that, it operates a natural gas distribution network serving close to 2 million more customers.

Current yield: 4.7%

 

 

2. Oneok (OKE)

Oneok (OKE)
Oneok (OKE)

An energy stock of a different flavour, Oneok is a “midstream” fossil fuel company focused on pipelines and processing facilities. It operates one of the largest natural gas systems in the country, with facilities to liquefy, store and transport gas. The company has been in operation for more than a century.

Current yield: 13%

 

 

1. Chubb (CB)

Chubb (CB)
Chubb (CB)

Speaking of less risk, Switzerland-based insurance giant Chubb is in the business of managing risk via its policies that cover residences, automobiles, businesses, boats and a host of other assets. With more than a century of operations under its belt – and more than a century of dividend payments – CB knows a thing or two about how to cover the costs of claims and still have plenty left over for its shareholders.

Current yield: 2.4%

 

 

Sources: money.usnews