Top 10 Dividend Stocks to Watch: July 19 – 27, 2023

10. – WSM – Williams-Sonoma, Inc.

Forward Yield (%): 2.84%

Ex-Dividend Date: 2023-07-20

Williams-Sonoma, Inc. is ranked 10th in this week’s top 10 dividend rankings. Williams-Sonoma, Inc. is a multi-channel specialty retailer primarily selling home furnishings and related products and services. The company has managed to significantly increase its dividend since initiating it 5 years ago, and their dividend growth rate has been increasing gradually. In addition, the company has a stable and growing sales history, making it a solid option for dividend investors.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.90 0.78 0.78 0.78 0.78 0.71 0.71 0.59
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

9. – PDCO – Patterson Companies, Inc.

Forward Yield (%): 3.24%

Ex-Dividend Date: 2023-07-20

This week’s 9th ranking goes to Patterson Companies, Inc., a leading North American distributor of dental, animal health and rehabilitation supplies. It has a long, stable history of dividend payments that have proved to be reliably growing. The company’s strong market share with customers and suppliers has been built upon its excellent customer service as well as frequent product updates and new offerings. Patterson Companies, Inc. focuses on offering innovative products combined with competitive prices and a wide selection of specialized services to the industries it serves.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

8. – CVS – CVS HEALTH CORPORATION

Forward Yield (%): 3.39%

Ex-Dividend Date: 2023-07-20

CVS Health Corporation ranks 8th on our list this week, offering a dividend yield of 2.36%. CVS Health Corporation is a leading health care provider with a diversified portfolio of pharmacy services, retail health services, pharmacy benefits management services, and retail clinic services. Its operations are highly stable and its dividend yield has steadily grown over the years. With a dividend payout ratio of 28.3%, CVS Health Corporation shows a strong commitment to its shareholders.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.60 0.60 0.55 0.55 0.55 0.55 0.50 0.50
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

7. – STEW – SRH Total Return Fund, Inc.

Forward Yield (%): 3.74%

Ex-Dividend Date: 2023-07-21

Ranked 7th this week is SRH Total Return Fund, Inc., an equity-based closed-end fund. SRH invested in domestic and international securities, such as equity and debt, with a focus on generating capital appreciation and dividend income. The fund has a strong dividend history, paying out quarterly for more than 20 years and is seeing relatively stable or growing dividend yield.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 0.12 0.12 0.12 0.12 0.12 0.12 0.10 0.10
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

6. – CODI – Compass Diversified

Forward Yield (%): 4.52%

Ex-Dividend Date: 2023-07-19

Compass Diversified Holdings is this week’s #6 ranking dividend paying stock and is a publicly traded investment company focusing on acquiring and managing businesses in to stable and stably growing companies. It operates in a broad range of industries, which provides investors with access to a diversified portfolio and reliable income stream. Since its founding in 2001, Compass Diversified has increased it’s dividend payments year-on-year. Currently, CODI pays an annual dividend yield of 5.11%, making it a reliable and stable income source.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Sep-21
Amount 0.25 0.25 0.25 0.25 0.25 0.25 0.36 0.88
Type Regular Regular Regular Regular Regular Regular Regular Special

 

5. – CMRE – Costamare Inc.

Forward Yield (%): 4.69%

Ex-Dividend Date: 2023-07-19

Costamare Inc. ranks this week at number 5 on our top 10 weekly dividend rankings. Costamare Inc. is a leading global ship owning company with a fleet of 86 container vessels. It has a sustainable and conservative dividend policy and has increased its dividend by more than 40% since 2017. It is one of the few shipping companies to maintain a quarterly dividend payout, providing shareholders with a steady reliable income. Overall, the company is a reliable name offering consistent, long term performance and attractive dividend yields.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.12 0.12 0.12 0.12 0.50 0.12 0.12 0.12
Type Regular Regular Regular Regular Special Regular Regular Regular

 

4. – CBRL – Cracker Barrel Old Country Store, Inc,.

Forward Yield (%): 5.53%

Ex-Dividend Date: 2023-07-20

Cracker Barrel Old Country Store, Inc, is ranked fourth this week in our top 10 dividend rankings. The company runs a chain of homestyle restaurants combined with gift stores and offers a unique dining experience along with carefully chosen items of high quality. With over 20 years of dividend distributions, Cracker Barrel Old Country Store, Inc is well regarded as a reliable source of steady income. Furthermore, the company’s share price has been on an uptrend in recent years, making it a solid investment opportunity.

Recent Dividends

Pay Date May-23 Jan-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.00
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

3. – EGBN – Eagle Bancorp Inc

Forward Yield (%): 7.69%

Ex-Dividend Date: 2023-07-19

This week, Eagle Bancorp Inc earns position 3 on the top 10 dividend rankings. The Maryland-based regional bank focuses primarily on commercial and consumer lending services while providing financial management services. The bank is backed by a strong deposit base, reputable management, and a long history of providing solid returns for its shareholders. It is no coincidence that Eagle Bancorp Inc has been steadily growing both in terms of revenue as well as its dividend payout for the past 10 consecutive years. The company has earned a rating of A- from both Fitch and Standard & Poor’s, highlighting its strong capitalization and liquidity that is well maintained. Its dividend payout has grown by an average of 7.7% annually since 2009, and it also provides regular stock splits and bonuses to its investors. Its conservative yet flexible approach to business has been attractive to its growth so far, and 2019 is likely to prove it once again with an expected growth of 13%.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Nov-21 Aug-21
Amount 0.45 0.45 0.45 0.45 0.40 0.40 0.40 0.35
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

2. – ASG – LIBERTY ALL-STAR GROWTH FD

Forward Yield (%): 7.90%

Ex-Dividend Date: 2023-07-20

This week, Liberty All-Star Growth FD (NASDAQ:ASG) maintains its impressive ranking of 2 on the top 10 weekly dividend rankings. This closed-end fund is managed by Liberty All-Star Equity Group, LLC and has been providing high yields and stable returns since inception in 2003.

The fund’s primary objective is to deliver exceptional total returns over the long term by investing in a diversified portfolio of domestic and international equities. Equities are chosen based on a combination of quantitative and fundamental research, emphasizing quality companies with attractive valuations. Over time, this approach has led to consistent revenue and dividend growth while minimizing potential downside risk.

Liberty All-Star Growth FD currently invests in a wide range of mid- to large-cap stocks and pays a regular quarterly dividend that has been steadily increasing each year. In addition, the fund’s net asset value has grown significantly since 2017. This combined with increasing dividends make ASG a stock offering a great deal of potential for long-term investors.

Recent Dividends

Pay Date Jun-23 Mar-23 Jan-23 Sep-22 Jun-22 Mar-22 Jan-22 Sep-21
Amount 0.11 0.11 0.10 0.11 0.14 0.15 0.18 0.17
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

1. – USA – Liberty All-Star Equity Fund

Forward Yield (%): 9.65%

Ex-Dividend Date: 2023-07-20

This week, Liberty All-Star Equity Fund has achieved the top spot in the weekly dividend rankings. Liberty All-Star Equity Fund is a unique investment opportunity that enables individuals to experience diversified equity investments in both growth and income stocks. Its portfolio includes domestically held smaller and mid-cap companies, as well as some select non-U.S. equity investments. By investing in this fund, investors may be able to spread risk and potentially decrease market volatility. Liberty All-Star Equity Fund has also demonstrated a high level of stability and consistently growing dividends. Historically, the fund has yielded an impressive 5% annual return since its 1997 inception. These high dividend yields, combined with the fund’s low volatility and affordability have made it an attractive option for investors. The fund’s proven performance and diversity make it an outstanding choice for long-term investors looking to achieve both steady growth and income production.

Recent Dividends

Pay Date Jun-23 Mar-23 Jan-23 Sep-22 Jun-22 Mar-22 Jan-22 Sep-21
Amount 0.15 0.15 0.15 0.16 0.18 0.20 0.21 0.21
Type Regular Regular Regular Regular Regular Regular Regular Regular