What Are The Top 5 Dividend Paying Stocks?

What are the 10 highest paying dividend stocks?

These 10 stocks could be great buys if the real estate and energy sectors recover next year.StockDividend YieldPayout RatioLumen (NYSE:LUMN)9.84%84%Energy Transfer LP (NYSE:ET)15.74%230%MPLX LP (NYSE:MPLX)12.16%265%Phillips 66 Partners (NYSE:PSXP)12.58%90%7 more rows•Dec 28, 2020.

Can you live off dividends?

Over time, the cash flow generated by those dividend payments can supplement your Social Security and pension income. Perhaps, it can even provide all the money you need to maintain your preretirement lifestyle. It is possible to live off dividends if you do a little planning.

What are the top 10 dividend paying stocks in Canada?

Sneak Peek: Our Top 10 Canadian Dividend StocksNameTickerDividend YieldFortis IncFTS.TO3.72%EnbridgeENB.TO7.70%Canadian National Railway CoCNR.TO1.64%Telus CorpT.TO4.58%6 more rows•Dec 20, 2020

How many dividend stocks should I own?

Depending on portfolio size and research time constraints, owning 20 to 60 equally-weighted stocks seems reasonable for most investors. Stocks should be diversified across different sectors and industries, with no sector making up more than 25% of a portfolio’s value.

How do I choose the best dividend stock?

If you plan to invest in dividend stocks, look for companies that boast long-term expected earnings growth between 5% and 15%, strong cash flows, low debt-to-equity ratios, and industrial strength.

What are the 10 best stocks for 2020?

10 Best Stocks for 2020Wayfair (W) 150% Return. Buy Price: $90.37. … Roku (ROKU) 148% Return. Buy Price: $133.90. … Freeport-McMoRan (FCX) 99% Return. Buy Price: $13.07. … PennyMac Financial Services (PFSI) 94% Return. Buy Price: $33.74. … Apple (AAPL) 82% Return. … Disney (DIS) 25% Return. … Hercules Capital (HTGC) 8% Return. … Aimmune Therapeutics (AIMT) 3% Return.More items…

What stocks pay dividends monthly?

Eight best monthly dividend stocks to buy now:Gladstone Investment Corp. (GAIN)Horizon Technology Finance Corp. (HRZN)LTC Properties (LTC)PennantPark Floating Rate Capital (PFLT)Prospect Capital Corp. (PSEC)Realty Income Corp. (O)Shaw Communications (SJR)Stag Industrial (STAG)

What stocks pay the highest dividends?

List of 25 high-dividend stocksSymbolCompany NameDividend YieldPRUPrudential Financial Inc.5.35%IBMInternational Business Machines Corp.5.14%SAFTSafety Insurance Group Inc.4.48%WASHWashington Trust Bancorp Inc.4.42%21 more rows

What are the best Canadian dividend stocks?

3 Top Canadian Dividend Stocks You Can Buy Under $50Enbridge. The energy delivery company Enbridge (TSX:ENB)(NYSE:ENB) has a long history of paying dividends. … Canadian Utilities. A diversified global energy infrastructure company, Canadian Utilities (TSX:CU) has the longest record of raising dividends by any public company. … Algonquin Power & Utilities.

What is the best stock to buy right now?

Stocks with the Most MomentumPrice ($)12-Month Trailing Total Return (%)Tesla Inc. (TSLA)649.86701.1Moderna Inc. (MRNA)138.30597.4Enphase Energy Inc. (ENPH)170.78558.43 more rows

What is the best Canadian stock to buy?

I love you 3,000(%): Top 10 TSX Composite stocks of the decadeDOLLARAMA. Symbol: DOL. 10-year total return: 1,030% … ENGHOUSE SYSTEMS. Symbol: ENGH. … ALIMENTATION COUCHE-TARD. Symbol: ATD/B. … INTERRENT REIT. Symbol: IIP-U. … CARGOJET. Symbol: CJT. … AURORA CANNABIS. Symbol: ACB. … AIR CANADA. Symbol: AC. … CONSTELLATION SOFTWARE. Symbol: CSU.More items…