10 Dividend Stocks To Explore In June

Dividend stocks are large-cap companies that pay a portion of their income to shareholders either quarterly or yearly. These stocks often have a stable history of dividend payments.

The dividend stocks are also called retirement stocks as they offer a source of regular income.

We explore here 10 dividend stocks to know about their businesses and how they have performed in recent months.

AT&T (NYSE: T)

This Dallas, Texas-headquartered company is one of the world’s leading telecommunication companies. It has interests in media, and communication technology. It owns the Warner Bros entertainment company. Its major markets include North America and Latin America.

AT&T’s market cap is around US$209 billion. The company logs a dividend yield of 7.04% and pays a dividend of US$2.08 annually. It is expanding its 5G network for customers across the US.

People’s United Financial has a dividend yield of 3.95%

AbbVie (NYSE: ABBV)

AbbVie is a bio-pharmaceuticals company based in Illinois. Its primary functional areas are research, drug development, and marketing.

Its market cap is around US$202 billion. Its revenue surged 38% YoY in December 2020.

The company logs a dividend yield of 4.53% and pays a dividend of US$5.2 annually.

Its highest selling product is Humaira. In 2020, AbbVie had acquired the Dublin-headquartered drugmaker Allergan, Inc. as part of its expansion plans.  

 

Source: Pixabay.

Also Read: Three Growth Stocks Flying In The Face Of Lockdown

Cisco System (NASDAQ: c)

Cisco is based in California and provides computer technology solutions to its customers. It has clients across the globe, including the Americas, Asia, and Europe. Its market cap is around US$223 billion. Its net income rose 17% YoY in the quarter ended January 2021.

Cisco has a dividend yield of 2.8% and pays an annual dividend of US$1.48.

Kimberly Clark (NYSE: KMB)

Kimberly Clark manufactures different fiber products like napkins, diapers, and tissue paper. Its main product divisions are Personal Care and Consumer Tissue Segment.

The Irving, Texas-based company has a market cap of around US$ 44.5 billion.

Kimberly has a dividend yield of 3.48% and pays an annual dividend of US$4.56.

It markets its products across the world, including Europe and the Americas.

It logged a net income of US$584 million in the three months to March of 2021.

Also Read: Three Midcap Stocks That May Gain From Recovery

International Business Machines Corp. (NYSE: IBM)

IBM operates in more than 175 countries. It makes computer hardware and cloud-based solutions. Its dividend yield is 4.58% and pays an annual dividend of US$6.56.

Its market cap is around US$128.5 billion.

Technology stocks have been among the best performers during the pandemic and are expected to continue that momentum this year. It earned US$17.7 billion in Q1 of 2021.

Exxon Mobil Corp. (NYSE: XOM)

Exxon Mobil is a leading energy company based In Irving, Texas. Its operations are in the US, Canada, Europe, Asia, and Africa.

Its market cap is around US$247 billion.

The company logs a dividend yield of 5.9% and pays a dividend of US$3.48 annually.

Also Read: Three Utility Stocks To Explore As Economy Reopens

People’s United Financial (NASDAQ: PBCT)

It is a holding company of the People’s United Bank headquartered in Connecticut. The bank has 403 branches across the US and offers various banking services to its clients.

It has a dividend yield of 3.95% and pays an annual dividend of US$0.73.

The stock price rose 54% in the past one year.

^{Source: Pixabay.}

Automatic Data Processing, Inc. (NASDAQ: ADP)

This New Jersey-headquartered company was founded in 1949. It provides various HR management solutions to its clients.

ADP’s market cap is US$83 billion.

It has a dividend yield of 1.91% and pays an annual dividend of US$3.72.

Its share prices jumped 36% in the past year.  

In the quarter ended March, its net income was up 25% YoY.

Walgreens Boots Alliance, Inc. (NASDAQ: WBA)

Walgreens is a US$46.8 billion company involved in the wellbeing and pharmacy business.

Its main divisions are Pharmacy International and Pharmaceutical Wholesale.

The company conducts businesses in 11 countries, including the US.

Its current dividend yield is 3.6% and pays a dividend of US$1.87 annually.

Also Read: Home Depot Revenues Soar 84%, Sales Up 32.7% In Q1

PepsiCo, Inc. (NASDAQ: PEP)

PepsiCo is based in New York and one of the world leaders in the beverage industry.

It has a market cap of US$204.9 billion.

Its revenue rose 5% YoY to US$70 million in FY 2020 ended December.

Net income stood at US$7.1 million during the period.

PepsiCo has a dividend yield of 2.76% and pays a dividend of US$1.87 annually. The stock rose 14% in a year.