By - Suhita Poddar
Summary
- Dividend investing is usually suited for investors with a lower risk appetite or those seeking a regular stream of income.
- Due to pandemic many companies had halted dividend payments in the last fiscal.
Dividend stocks are stocks of companies which make regular dividend payments. Due to the ongoing covid-19 crisis, several companies halted dividend payments in the last fiscal to conserve cash. However, with the successful vaccine rollout, and the economy gradually inching towards complete easing of restrictions, many companies are anticipating being in a better position to make dividend payouts as trading levels are expected to witness a boost.
Dividend investing is usually suited for investors with a lower risk appetite or those seeking a regular stream of income. It is a common investment strategy during economic uncertainty and downturn.
Also Read: 3 Dividend Stocks That Could Help You Beat the Market Volatility
Here in this article, we take a look at 5 FTSE 100 listed stocks:
The FTSE 100 listed BHP Group operates in industrial metals and mining sector and is the world’s largest mining company.
It announced an operational review for the nine months period ending on 31 March 2021. The company reported a record production at its Western Australia Iron Ore (WAIO) mine. Moreover, it increased its copper guidance from 1,510 kt and 1,645 kt in a previous FY 2021 guidance to its current guidance for the fiscal standing between 1,535 kt and 1,660 kt to reflect the company’s better than expected performance at Escondida.
(Source: Refinitiv, Thomson Reuters)
BHP’s stock prices stood at GBX 2,262.50, up by 0.74 per cent as of 18 May at 14:10 HRS GMT+1, while the FTSE 100 broader index was at 7,049.33, up by 0.23 per cent. It has a market cap of £47.437 billion and a dividend yield of 4.9 per cent.
Unilever PLC operates in the personal care, drug and grocery store sector. The company announced total revenues of £50.724 billion in FY 2020 compared to £51.980 billion in FY 2019 and an operating profit of £8.295 billion from £8.638 billion in the year ago period.
(Source: Refinitiv, Thomson Reuters)
Unilever’s stock prices stood at GBX 4,295.00, down by 0.36 per cent as of 18 May at 14:30 HRS GMT+1, while the personal care sectoral index stood at 4,437.79, down by 0.28 per cent. It has a market cap of £113.187 billion and a dividend yield of 3.5 per cent.
Rio Tinto is a company operating in the industrial metals and mining, it is the world’s second largest metal and mining company. It reported revenues of £44.611 billion in FY 2020 compared to £43.165 billion the year before. And a net profit (from continued and discontinued) of £10.400 billion from £6.972 billion in FY 2019.
(Source: Refinitiv, Thomson Reuters)
Rio Tinto’s stock price stood at GBX 6,280.00, up by 0.08 per cent as of 18 May at 14:44 HRS GMT+1, while the industrial metals sectoral index stood at 6,816.34, down by 0.59 per cent. It has a market cap of £78.296 billion and a dividend yield of 5.2 per cent.
UK based pharma giant AstraZeneca PLC gained mass attention due to being one of the main vaccines makers in the fight to contain the pandemic. The company announced the commissioning of more batches for the pharma giant for UK based cell therapy company Oxford Biomedica for H2 2021.
AZN had signed an 18-month supply contract with the cell therapy company in September last year.
(Source: Refinitiv, Thomson Reuters)
AstraZeneca’s stock prices stood at GBX 7,922.00, up by 0.34 per cent as of 18 May at 15:04 HRS GMT+1, while the Health Care and Related Services sectoral index stood at 7,311.85, up by 0.57 per cent. It has a market cap of £103.642 billion and a dividend yield of 2.8 per cent.
FTSE 100 listed banking giant HSBC Holdings announced the launch of the HSBC global wallet, which facilitates cross-border payments for small and midsize businesses on 18 May. The wallet is available in the US, UK and Singapore for outbound payments and in some markets across Europe and Asian geographies. It also aims to add payment receiving facilities later this year.
(Source: Refinitiv, Thomson Reuters)
HSBC Holdings’ stock prices stood at GBX 447.25, up by 0.87 per cent as of 18 May at 15:15 HRS GMT+1, while the banking sectoral index stood at 3,029.23, up by 0.95 per cent. It has a market cap of £90.56 billion and a dividend yield of 2.4 per cent.
Also Read: 3 Oil & Gas Stocks with Stable Dividends