Yahoo Finance Best Dividend Stocks In NYSE
Energy Transfer Equity, Ventas, and International Paper are three of the best paying dividend stocks for creating diversified portfolio income. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Energy Transfer Equity, L.P. (NYSE:ETE)
Energy Transfer Equity, L.P. provides diversified energy-related services in the United States. Started in 2002, and now led by CEO John McReynolds, the company provides employment to 29,486 people and with the stock’s market cap sitting at USD $18.80B, it comes under the large-cap category.
ETE has a juicy dividend yield of 7.02% and is currently distributing 89.81% of profits to shareholders . ETE has increased its dividend from US$0.44 to US$1.22 over the past 10 years. The company has been a reliable payer too, not missing a payment during this time. If analysts are correct, Energy Transfer Equity has some strong future growth on the horizon with an expected increase in EPS of 71.05% over the next three years. Interested in Energy Transfer Equity? Find out more here.
Ventas, Inc. (NYSE:VTR)
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust. Started in 1983, and currently lead by Debra Cafaro, the company provides employment to 493 people and with the company’s market cap sitting at USD $19.66B, it falls under the large-cap group.
VTR has a juicy dividend yield of 5.77% and the company currently pays out 90.01% of its profits as dividends , with analysts expecting this ratio to be 173.89% in the next three years. VTR has increased its dividend from US$2.05 to US$3.16 over the past 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. Ventas’s performance over the last 12 months beat the us reits industry, with the company reporting 77.02% EPS growth compared to its industry’s figure of 14.85%. Continue research on Ventas here.
International Paper Company (NYSE:IP)
International Paper Company operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia. Started in 1898, and run by CEO Mark Sutton, the company currently employs 56,000 people and with the company’s market capitalisation at USD $22.32B, we can put it in the large-cap category.
IP has a sizeable dividend yield of 3.53% and is distributing 33.98% of earnings as dividends , with an expected payout of 37.54% in three years. IP’s last dividend payment was US$1.90, up from it’s payment 10 years ago of US$1.00. They have been consistent too, not missing a payment during this 10 year period. More on International Paper here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
