Top 10 Dividend Stocks to Watch: July 26 – August 3, 2023
10. – KFFB – Kentucky First Federal Bancorp
Forward Yield (%): 6.50%
Ex-Dividend Date: 2023-07-28
This week, Kentucky First Federal Bancorp takes the tenth spot in our top ten dividend rankings. Kentucky First Federal Bancorp is a financial holding company that specializes mainly in banking and providing financial services for citizens and businesses of Kentucky. The company has proven to be stable and reliably growing over the past twelve months, while consistently paying a dependable dividend.
- Current stock price: $6.15
- Market Cap: $0.05 billion
- Declaration date: 2023-07-06
- Pay date: 2023-08-24
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
9. – PAGP – Plains GP Holdings, L.P. Class A Units representing Limited Partner Interests
Forward Yield (%): 6.83%
Ex-Dividend Date: 2023-07-28
Plains GP Holdings, L.P., ranking at 9 this week, is a midstream energy firm which focuses on processing, transporting, storing and gathering oil and natural gas. It has a strong track record of providing consumers with reliable energy services and a healthy dividend yield. Additionally, they have been incrementally increasing their dividend payouts over the period of last two years, ensuring investors of steady income growth.
- Current stock price: $15.67
- Market Cap: $3.05 billion
- Declaration date: 2023-07-06
- Pay date: 2023-08-14
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.27 | 0.27 | 0.22 | 0.22 | 0.22 | 0.22 | 0.18 | 0.18 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
8. – PAA – Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests
Forward Yield (%): 7.24%
Ex-Dividend Date: 2023-07-28
Ranked 8th this week, Plains All American Pipeline, L.P. (PAA) is a midstream energy services provider operating crude oil, natural gas liquids (NGL), and natural gas pipelines that are primarily located in the U.S. and Canada. They provide transportation, storage, and marketing services for crude oil, NGLs, and natural gas. PAA is a well-established company with a long history of stable growth and a growing dividend. Since 1997, their dividend has grown steadily and the stock is an attractive option for those seeking a dependable income stream.
- Current stock price: $14.77
- Market Cap: $10.32 billion
- Declaration date: 2023-07-06
- Pay date: 2023-08-14
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.27 | 0.27 | 0.22 | 0.22 | 0.22 | 0.18 | 0.18 | 0.18 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
7. – HEP – Holly Energy Partners, L.P.
Forward Yield (%): 7.38%
Ex-Dividend Date: 2023-07-28
Holly Energy Partners, L.P. debuts at 7 on our weekly dividend ranking this week. This midstream energy company focuses on the transportation, storage, and distribution of petroleum products in the U.S. Operating since 2004, Holly Energy Partners has provided its shareholders with a steadily growing dividend and solid returns. In addition, its low beta ratio and quarterly dividend payments have added to the stability of their offering.
- Current stock price: $18.97
- Market Cap: $2.40 billion
- Declaration date: 2023-07-20
- Pay date: 2023-08-11
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
6. – EPD – Enterprise Products Partners L.P.
Forward Yield (%): 7.45%
Ex-Dividend Date: 2023-07-28
Enterprise Products Partners L.P. ranks 6th this week in our top 10 dividend rankings. As one of the biggest and most successful energy companies in the world, they specialize in natural gas liquids, crude oil, and refined products. The company has delivered consistently high and stable dividends for its shareholders since its initial public offering in 1998. Its strong capital structure and excellent balance sheet make it a reliable investment for income investors who are seeking steady dividend growth.
- Current stock price: $26.84
- Market Cap: $58.36 billion
- Declaration date: 2023-07-10
- Pay date: 2023-08-14
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.49 | 0.49 | 0.47 | 0.47 | 0.47 | 0.47 | 0.45 | 0.45 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
5. – OHI – Omega Healthcare Investors Inc.
Forward Yield (%): 8.19%
Ex-Dividend Date: 2023-07-28
This week, Omega Healthcare Investors Inc. takes the 5th spot in our Top 10. Omega Healthcare Investors Inc. is a real estate investment trust (REIT) that is involved in the acquisition and leasing of skilled nursing facilities, assisted living facilities, independent living facilities, and other medical-related facilities within the healthcare sector. The operating cash flow is stable, with relatively consistent growth over time. The company has also provided its investors with a steadily growing dividend since 2003.
- Current stock price: $32.73
- Market Cap: $7.67 billion
- Declaration date: 2023-07-20
- Pay date: 2023-08-15
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
4. – SPH – Suburban Propane Partners L P
Forward Yield (%): 8.64%
Ex-Dividend Date: 2023-07-31
This week, Suburban Propane Partners L P is ranked 4th in our top 10 weekly dividend rankings. Suburban Propane Partners L P is a retail distributor of propane and other refined fuels, heating equipment, accessories and services primarily in the United States. The company has delivered strong and stable returns to its stockholders with a dividend history that goes back as far as 2011. Additionally, it has also experienced strong and steady growth in revenue over the last five years.
- Current stock price: $15.04
- Market Cap: $0.95 billion
- Declaration date: 2023-07-20
- Pay date: 2023-08-08
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
3. – DMLP – Dorchester Minerals LP
Forward Yield (%): 9.05%
Ex-Dividend Date: 2023-07-28
This week, Dorchester Minerals LP has achieved a ranking of 3 in our Top 10 Weekly Dividend Rankings. Dorchester is a publicly owned limited partnership engaged in the acquisition, ownership and administration of mineral and royalty interests located in the United States. Dorchester is also the largest independent mineral and royalty holder in Ellis, Kent, Hall, and Hamilton counties, Texas.
Dorchester Minerals has a longstanding track record of paying a meaningful cash dividend to its shareholders from quarterly payments. Since its listing on the Nasdaq public exchange, the company has managed to provide an annual dividend rate of $2.4 and a yield of 10.92%. Additionally, Dorchester Minerals has shown overall growth in dividend paid out each year and has also increased the amount of its capital distributions annually.
Not only do shareholders receive dividends, but Dorchester Minerals also provides important returns from the sale of minerals and related products. This is due to the high-quality mineral and royalty assets that the company holds across the US. Moreover, the company has also been consistently showing consistent and healthy growth in its core operating activities from development and production in its core portfolios.
Overall, Dorchester Minerals LP has established itself as a reliable source of income and capital within the energy sector and has provided investors with a good source of dividend income.
- Current stock price: $29.9
- Market Cap: $1.15 billion
- Declaration date: 2023-07-20
- Pay date: 2023-08-10
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.99 | 0.88 | 1.14 | 0.97 | 0.75 | 0.64 | 0.51 | 0.48 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
2. – VOC – VOC ENERGY TRUST
Forward Yield (%): 9.66%
Ex-Dividend Date: 2023-07-28
Ranked at #2 this week is VOC Energy Trust (VOC). VOC is a trust that holds royalty interests in oil and natural gas properties in the Permian Basin in West Texas. VOC’s royalty interests are primarily derived from long‐lived, mature properties, providing a stable production stream and a predictable cash flow platform to support a predictable and growing dividend stream. VOC’s dividends have been paid on a consistent schedule since its initial issuance of units in 2009 and viewed as one of the most reliable choices for established and consistent income. In the past six years total distributions have increased almost 14%, which is rise of nearly 2% annually. VOC energy trust continues to be held in high regard as a reliable dividend stock and this is reflected in its strong ranking in our review of high dividend-yielding stocks of the week.
- Current stock price: $8.7
- Market Cap: $0.15 billion
- Declaration date: 2023-07-20
- Pay date: 2023-08-14
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.23 | 0.23 | 0.36 | 0.38 | 0.28 | 0.25 | 0.20 | 0.16 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
1. – JFIN – Jiayin Group Inc. American Depositary Shares
Forward Yield (%): 24.69%
Ex-Dividend Date: 2023-07-27
Jiayin Group Inc. American Depositary Shares (NASDAQ:JFIN) has secured the top rank this week in our weekly dividend rankings. Jiayin is a Shanghai-based online matchmaking platform that connects borrowers and investors. As of November 2018, the company had facilitated peer-to-peer loan transactions amounting to a total principal balance of more than 130 billion RMB.
With a strong presence in China’s peer-to-peer lending market and quasi-banking sector, Jiayin has demonstrated a consistent growth. The company’s revenues since the initial public offering in July 2016 have been growing steadily. Revenue for the second quarter of 2019 was 23 million dollars, a 28% growth over the same quarter in 2018.
As for dividend payments, Jiayin has consistently provided dividends to shareholders every quarter since the second quarter of 2018 with an annual yield of 4.44%, as of June 2019. Through the first half of 2019, the company has paid a total of $7.8 million in dividends to its shareholders. Looking ahead, Jiayin is expected to see solid and consistent growth in its revenue and dividend payment rates.
- Current stock price: $6.48
- Market Cap: $0.35 billion
- Declaration date: 2023-07-10
- Pay date: 2023-08-16
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date |
|---|
| Amount |
| Type |
