Investing in the stock market can be a great way to build wealth over time. However, with so many companies to choose from, it can be overwhelming to decide where to invest your money. In this article, we will introduce you to 10 companies that provide investors with a relatively high Dividend Yield and which we consider attractive to invest in.
First on our list is AT&T (NYSE:T), a telecommunications giant that has been paying dividends for over a century. With a dividend yield of 7.13%, AT&T is one of the highest-yielding stocks on the market. The company has a strong balance sheet and a wide moat in the telecommunications industry.
Next is Verizon Communications (NYSE:VZ), another telecommunications company that has been paying dividends for over three decades. The company has a dividend yield of 4.51% and a strong track record of increasing its dividend payout over time.
Third on our list is Exxon Mobil (NYSE:XOM), an oil and gas company with a dividend yield of 5.73%. Despite the challenges facing the oil industry, Exxon Mobil has a strong balance sheet and a diversified portfolio of assets.
Fourth is Chevron (NYSE:CVX), another oil and gas company with a dividend yield of 5.45%. Chevron has a strong track record of increasing its dividend payout over time and is well-positioned to weather the challenges facing the industry.
Fifth on our list is IBM (NYSE:IBM), a technology company with a dividend yield of 5.51%. IBM has a strong position in the enterprise software and services market and has been investing in emerging technologies like artificial intelligence and blockchain.
Sixth is Pfizer (NYSE:PFE), a pharmaceutical company with a dividend yield of 4.09%. Pfizer has a strong pipeline of drugs in development and a diversified portfolio of products.
Seventh on our list is Johnson & Johnson (NYSE:JNJ), a healthcare company with a dividend yield of 2.52%. Johnson & Johnson has a strong position in the medical device and consumer healthcare markets and has a track record of increasing its dividend payout over time.
Eighth is Procter & Gamble (NYSE:PG), a consumer goods company with a dividend yield of 2.39%. Procter & Gamble has a strong portfolio of brands and a track record of increasing its dividend payout over time.
Ninth on our list is Coca-Cola (NYSE:KO), a beverage company with a dividend yield of 3.12%. Coca-Cola has a strong portfolio of brands and a wide moat in the beverage industry.
Tenth and final on our list is PepsiCo (NASDAQ:PEP), another beverage company with a dividend yield of 2.88%. PepsiCo has a strong portfolio of brands and has been investing in emerging trends like plant-based foods and functional beverages.
In conclusion, these 10 companies offer investors a relatively high dividend yield and are attractive options to consider for long-term investment. However, it's important to do your own research and consider your own investment goals and risk tolerance before making any investment decisions.
