10 Attractive Dividend Stocks

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As Charlie Munger once said:

“Those who keep learning keep rising in life.”

In the investment world, multiple roads lead to Rome.

• Getting Rich: Quality stocks with plenty of growth potential

• Staying Rich: Established quality stocks that are still growing attractively

• Living Rich: Great companies that are paying an attractive dividend

Compounding Quality is all about ‘Getting Rich’.

We invest in attractive quality stocks with plenty of growth potential.

Think about businesses like Visa, Medpace, and Inter Parfums.

Compounding Dividends

Last week, Compounding Dividends were launched.

Compounding Dividends is all about ‘Living Rich’.

It’s a separate service that focuses on Dividend Growth Investing. You can find out more here.

In today’s article, I highlight a piece on Compounding Dividends. You’ll learn about 10 attractive dividend stocks.

10. Lowe’s Cos. ($LOW)

Lowe's Corp is a home improvement retailer, providing a broad selection of products such as building materials, tools, and appliances to DIY customers and professionals. The company enhances its retail offering with services like installation and maintenance, available through its physical stores and online platforms.

• Dividend Yield: 1.9%

• Payout Ratio: 32.9%

• Consecutive # years of dividend payments: 62 years

Source: Finchat

9. Johnson & Johnson ($JNJ)

Johnson & Johnson is a global healthcare company, providing a wide range of pharmaceuticals, medical devices, and consumer health products.

The company focuses on research, development, and manufacturing to deliver innovative solutions for health and wellness through its extensive portfolio.

• Dividend Yield: 3.2%

• Payout Ratio: 69.3%

• Consecutive # years of dividend payments: 62 years

Source: Finchat

8. Fastenal ($FAST)

Fastenal distributes industrial and construction supplies, offering various products such as fasteners, tools, and safety equipment.

The company serves customers through its network of stores, onsite locations, and digital platforms, emphasizing efficient supply chain solutions.

• Dividend Yield: 2.3%

• Payout Ratio: 71.1%

• Consecutive # years of dividend payments: 22 years

Source: Finchat

7. Coca-Cola ($KO)

Coca-Cola is a global beverage company that manufactures, markets, and sells a wide variety of non-alcoholic beverages, including sodas, juices, and energy drinks.

They leverage a vast distribution network to reach consumers worldwide and focus on brand marketing and product innovation.

• Dividend Yield: 3.1%

• Payout Ratio: 74.7%

• Consecutive # years of dividend payments: 62 years

6. Realty Income ($O)

Realty Income is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties leased to tenants on long-term agreements.

The company generates revenue through rental income, primarily from retail and industrial properties, and aims to provide consistent monthly dividends to its investors.

• Dividend Yield: 5.6%

• Payout Ratio: 290.9%

• Consecutive # years of dividend payments: 29 years

Source: Finchat

5. Altria Group ($MO)

Altria Group is a producer and marketer of tobacco, cigarettes, and related products, including brands like Marlboro. The company also invests in alternative nicotine products and has stakes in the cannabis and wine industries, focusing on regulatory compliance and market expansion.

• Dividend Yield: 8.6%

• Payout Ratio: 81.2%

• Consecutive # years of dividend payments: 54 years

Source: Finchat

4. Air Products & Chemicals ($APD)

Air Products & Chemicals supplies industrial gases and chemicals to various industries, including healthcare, energy, and manufacturing. The company specializes in the production and distribution of atmospheric gases, process, and specialty gases, and offers related equipment and services.

• Dividend Yield: 2.7%

• Payout Ratio: 63.4%

• Consecutive # years of dividend payments: 41 years

Source: Finchat

3. McDonald’s ($MCD)

McDonald’s operates as a global fast-food restaurant chain, offering a menu of burgers, fries, beverages, and other items. The company generates revenue through franchise operations and company-operated restaurants, emphasizing brand consistency, operational efficiency, and customer experience.

• Dividend Yield: 2.6%

• Payout Ratio: 53.9%

• Consecutive # years of dividend payments: 48 years

Source: Finchat

2. Verizon Communications ($VZ)

Verizon Communications is a telecommunications company providing various services, including wireless communications, broadband, and digital media. The company focuses on expanding its network infrastructure, offering innovative solutions in 5G technology, and enhancing customer connectivity.

• Dividend Yield: 6.7%

• Payout Ratio: 98.6%%

• Consecutive # years of dividend payments: 37 years

Source: Finchat

1. Automatic Data Processing ($ADP)

Automatic Data Processing (ADP) provides human resources management software and services, including payroll, talent management, and benefits administration. The company serves businesses of all sizes, leveraging technology to streamline HR processes and improve workforce management.

• Dividend Yield: 2.2%

• Payout Ratio: 58.9%

• Consecutive # years of dividend payments: 48 years

Source: Finchat

Compounding Dividends

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Used sources

• Interactive Brokers: Portfolio data and executing all transactions

• Finchat: Financial data

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