Highest yielding dividend stocks globally
12/10/2024 07:40am
The highest yielding dividend stocks globally can be found in various regions, offering attractive yields to investors. Here are some of the top picks:
1. **Canada**
- **Whitecap Resources (TSX: WCP)**: With a dividend yield of 7.36%, Whitecap Resources stands out for its attractive returns.
- **Acadian Timber (TSX: ADN)**: Acadian Timber offers a dividend yield of 6.44%, making it another strong contender.
2. **United States**
- **Walgreens Boots Alliance (NASDAQ: WBA)**: Despite some challenges, Walgreens Boots Alliance boasts a high dividend yield of 11.8%, although its stock price has dropped significantly.
- **Altria Group (NYSE: MO)**: Altria Group provides a dividend yield of 7%, although it faces competition and has seen a decline in its stock price.
- **Pfizer (NYSE: PFE)**: Pfizer offers a dividend yield of 6.6%, and while it has a history of dividend payments, it faces challenges that affect its yield.
3. **Other Regions**
- **Brookfield Infrastructure (BIPC, BIP)**: Based in Canada, Brookfield Infrastructure offers a steady dividend yield of around 4%, with a strong track record of increasing dividends over the years.
- **Verizon Communications (NYSE: VZ)**: As part of the Dow Jones Industrial Average, Verizon has a dividend yield of 6.3%, making it a solid choice for income-focused investors.
- **Chevron (NYSE: CVX)**: Chevron provides a dividend yield of 4.1%, with a moderate return on equity and a history of dividend payments.
These stocks represent a mix of yields and stability, making them worthy of consideration for investors looking for income. However, it's important to conduct thorough due diligence before investing in any stock, considering factors such as the company's financial health, growth prospects, and the sustainability of its dividend payouts.