Stocks are great, dividend paying stocks are even greater. When the market is performing well and the economy is healthy, dividend paying stocks like to reward their investors. There are plenty reasons for offering dividends but the main idea is that it will attract more investors and encourage those invested to hold their positions in the company.
We’ve detailed three dividend stocks that have performed exceptionally well these last few years.
General Motors Company (NYSE:GM)
General Motors is the multinational corporation responsible for car brands such as Buick, Cadillac, and Chevrolet. The auto manufacturer recently payed out a cash dividend of $0.38 which is a 4.4% yield, up from last quarters yield of 3.5%. GM’s dividend amount per quarter has rose from $0.30 back in 2015 to $0.38 in 2018 marking a 26.6% increase. Shares of GM are down -10% in the last month and down -17% year to date
Verizon Communications Inc. (NYSE:VZ)
As of Q4 last year, Verizon has the most service subscribers with over 150 million users. The second most was AT&T followed by T-Mobile. Shares of Verizon have also performed well and are up 8% over the last 3-months and 11% over the last 6-months. The company has increased their dividend payment amount all the way from $0.53 in 2014 to $0.60. The company plans to pay its next cash dividend on November 1st for a yield of 4.5%.
Brookfield Infrastructure Partners LP (NYSE:BIP)
Brookfield Infrastructure has a solid track record of dividend payouts, with payments reaching yields of 6.65% back in 2009. The company’s current dividend yield is at 4.74% paying roughly $0.47 a quarter. Brookfield also has a solid track record as a business as they have scaled to nearly 26,000 employees in 15 countries since their initial public offering.
Want to learn more about Dividend Stocks? Read our article here.
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