Who don’t like Investing in dividend stocks, especially with little experience can be such a daunting activity and may require an individual to dedicate hours and hours of research.

However, there is a list of top 10 companies that paid high dividend over the years & have been quite stable year in, and year out, consistently dushing out millions of dollars to investors.

List of best dividend stocks to buy right now.

• Johnson & Johnson
• Lowe’s
• Realty Income
• Target
• Walgreens Boots Alliance

Johnson & Johnson

For at least six consecutive decades, Johnson & Johnson has raised its dividends, thus building confidence among investors. The reputational brand has a diverse portfolio, ranging from pharmaceuticals to medical devices. Each year, the company rakes in massive profits. This is the right time to buy stock from this conglomerate because the management is splitting the business into two to make operations effective and those who will be in will be getting dividends from both companies in 2023.

Lowe’s

You can go wrong with Lowe’s, listed in NYSE as Low. The company is a trendsetter in home improvement services. Since it went public in 1961, Lowe’s’ shareholders have been receiving higher dividends each year. In the last 10 years, Lowe’s has increased payout by a significant 556%. With the increasing demand for decent homes, Lowe’s potential in the coming years can be emphasized enough.

Realty Income

– The real estate giant has been paying dividends for 53 years in a row every month and for the last 27 straight years, the company boasts of dividend increases. Realty Income owns a variety of e-commerce-resistant properties, making huge profits from tenants who have signed long-term leases.

Target

– The highly innovative company has been a leader in the retailing business for decades. Compared to its peers, the retail chain has earned more profits in operating and gross margins. For more than 50 years, shareholders have been smiling all the way to the bank every year.

Walgreens Boots Alliance

Walgreens Boots Alliance – The pharmacy company has embarked on a mission aimed at becoming a complete healthcare operator. The expansion will see the already profitable company harvest more profits. Besides launching full-service healthcare clinics, Walgreens’ digital sales have been growing at a solid clip. For 60 years, the dividends have been growing above 5%

Let’s now shift gears a little bit and look at the 25 highest dividend paying stocks in S&P 500.

List of Highest dividend paying stocks in S&P 500

Hasbro Inc-Highest dividend paying stocks in S&P 500

Hasbro Inc– The risk for this stock is moderate. The current dividend yield stands at 4.70 percent while the dividend payout is $2.80 as of November 18, 2022. The quarterly dividend amount settled at $0.70 per share.

Ford Motors Co – Highest dividend paying stocks in S&P 500

Ford Motors Co – The annual dividend yield is 3.33 percent, with the dividend amount per share at $0.15 for the moderate buy.

Citigroup Inc | Highest dividend paying stock

Citigroup Inc. recently declared dividend for Citigroup’s common stock is $0.51 per share. The annual dividend yield is 4.19 percent.

Prudential Financial Ink | Highest dividend paying stocks

Prudential Financial Ink – the annual dividend yield for the finance firm is 4.47 percent while the dividend amount is $1.20 per share.

VF Corp – Presently, the annual dividend yield of VF Corp is 6.17 percent and the quarterly dividend amount averaged $0.51 per share.
ONEOK Inc – ONEOK’s annual dividend yield is 5.80 percent while the quarterly dividend amount is $0.93 per share.

Dow Inc – The commodity chemical company’s annual dividend yield is 5.59 percent while the quarterly dividend amount is $0.70 per share.

Viatris Inc – The pharmaceutical firm posted an annual dividend yield of 4.36 percent and a quarterly dividend amount of $0.12 per share.

Best Buy Co Inc – The consumer electronic retailer’s annual dividend yield is 4.89 percent while the quarterly dividend amount is $0.88 per share.

Walgreens Boots Alliance – The retail pharmacy operator had 4.89 percent in annual dividend yield while the quarterly dividend amount per share stood at $0.48.

LyondellBasell Industries NV – the chemical business’ annual dividend yield is 5.78 percent while the quarterly dividend amount is $1.19 per share.

Truist Financial Corp – The bank holding company registered 4.56 percent in annual dividend yield and a quarterly dividend amount of $0.52 per share.

Newmont Goldcorp Corp – The gold mining company’s annual dividend yield is 4.87 percent while the quarterly dividend amount is $0.55 per share.

Pioneer Natural Resources – The hydrocarbon exploration firm’s annual dividend yield is 10.43 percent while the quarterly dividend amount is $6.52 per share.

Altria Group Inc – The holding company’s annual dividend yield is 8.51 percent while the quarterly dividend amount is $0.94 per share.

Seagate Technology PLC – The data storage technology and solutions company’s annual dividend yield is 5.13 percent while the quarterly dividend amount is $0.70 per share.

International Paper Co – The pulp and paper company’s annual dividend stock is 5.17 percent while the quarterly dividend amount is $0.46 per share.

Kinder Morgan Inc-DE – The energy infrastructure company’s annual dividend yield is 6.25 percent and the quarterly dividend amount is $1.11 per share.

Verizon Communications Inc – The telecommunication conglomerate’s annual dividend yield is 6.77 percent while the quarterly dividend amount is $0.65 per share.

Philip Moris International Inc – The tobacco business’s annual dividend yield is 5.28 percent while the quarterly dividend amount is $1.27 per share.

Dominion Energy Inc – The power and clean energy company had a 4.51 percent annual dividend yield and a quarterly dividend amount of $0.67 per share.

Pinnacle West Capital Corp – The electric utility holding company’s annual dividend yield is 4.69 percent while the quarterly dividend amount is $0.86 per share.

Duke Energy Corp – The electric power and natural gas company’s annual dividend yield is 4.15 percent while the quarterly dividend amount is $1 per share.

AT&T Inc – The telecommunication firm’s annual dividend yield is 5.85 percent while the quarterly dividend amount is $0.28 per share.

Franklin Resources Inc – The investment firm’s annual dividend yield is 4.44 percent while the quarterly dividend amount per share is $0.29.