5 Good Dividend Stocks as of March 2023

 

Chubb Limited (CB) is a large insurance company that offers property and casualty insurance, as well as life insurance, reinsurance, and other financial services. It currently pays a dividend yield of around 1.58%, which is lower than some other dividend stocks but still above the average yield of the S&P 500.

Chubb has a long history of paying dividends, and it has increased its dividend every year for the past 28 years. The company has a strong financial position, with solid earnings and cash flow, which can help support its dividend payments.

 

IBM (International Business Machines Corporation) is a technology company that provides software, hardware, and consulting services to businesses and governments worldwide. IBM paid a quarterly dividend of $1.65 per share, which equates to an annual dividend yield of approximately 5.15%.

IBM has a solid history of paying and increasing dividends, having paid dividends for more than 100 years and increased its dividend for 25 consecutive years. The company has a strong financial position, with solid earnings and cash flow, which can help support its dividend payments.

 

Pfizer Inc. (PFE) is a large pharmaceutical company that develops, manufactures, and sells medicines and vaccines for a range of health conditions. Pfizer paid a quarterly dividend of $0.41 per share, which equates to an annual dividend yield of approximately 4.08%.

Pfizer has a strong history of paying and increasing dividends, having paid dividends for more than 100 years and increased its dividend for 11 consecutive years. The company has a solid financial position, with strong earnings and cash flow, which can help support its dividend payments.

 

Verizon Communications Inc. (VZ) is a large telecommunications company that provides wireless, broadband, and other communication services to consumers and businesses. Verizon paid a quarterly dividend of $0.65 per share, which equates to an annual dividend yield of approximately 6.81%.

Verizon has a strong history of paying and increasing dividends, having paid dividends for more than 30 years and increased its dividend for 14 consecutive years. The company has a solid financial position, with strong earnings and cash flow, which can help support its dividend payments.

 

AT&T Inc. (T) is a large telecommunications company that provides wireless, broadband, and other communication services to consumers and businesses. AT&T paid a quarterly dividend of $0.28 per share, which equates to an annual dividend yield of approximately 5.95%.

AT&T has a long history of paying and increasing dividends, having paid dividends for more than 100 years and HAD increased its dividend for 37 consecutive years. The dividend cut last year doesn’t concerm me that much, it brought he yield back in line. The company has a solid financial position, with strong earnings and cash flow, which can help support its dividend payments.

Best way to invest in dividends, in my opinion anyway.

Dollar Cost Averaging.

Dollar cost averaging is an investment strategy where an investor invests a fixed amount of money at regular intervals (such as monthly or quarterly) into an investment, regardless of the current market conditions. The idea is that by investing a fixed amount of money on a regular basis, the investor is able to purchase more shares when prices are low and fewer shares when prices are high.

For example, if an investor invests $100 in a mutual fund every month, regardless of whether the fund’s share price goes up or down, the investor would end up buying more shares when the price is low and fewer shares when the price is high. Over time, this strategy can help to average out the investor’s cost basis and potentially lead to a better overall return.

Dollar cost averaging can be a good strategy for investors who are investing for the long term and want to avoid the risk of trying to time the market. However, it’s important to note that there is no guarantee that dollar cost averaging will result in a profit, and there are still risks associated with any investment strategy.