Top 10 Dividend Stocks to Watch: July 5 – 13, 2023
6. – ACN – Accenture PLC
Forward Yield (%): 1.45%
Ex-Dividend Date: 2023-07-12
This week, Accenture PLC stands at 6th in our weekly dividend rankings. Accenture is a consulting, digital services, and technology company that provides services and solutions to clients in over 120 countries. Their unique offerings in areas such as consulting, technology and operations have driven consistent and organic growth over the last few years. Moreover, Accenture also provides a steady and growing dividend to its investors. The dividend has grown uninterruptedly for the last three years, making it an attractive and reliable income source for many of its shareholders.
- Current stock price: $308.58
- Market Cap: $194.65 billion
- Declaration date: 2023-06-22
- Pay date: 2023-08-15
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 1.12 | 1.12 | 1.12 | 1.12 | 0.97 | 0.97 | 0.97 | 0.97 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
5. – ERIE – Erie Indemnity Co
Forward Yield (%): 2.27%
Ex-Dividend Date: 2023-07-05
This week, Erie Indemnity Co’s ranking is 5, making it one of the top performing dividend-paying stocks available. It is mainly an insurance company, providing coverage to clients in many industries. This company has been consistently growing and is highly regarded for its high-yielding dividend. The dividends have grown reliably over the last few years, making it a stable stock to invest in.
- Current stock price: $210.01
- Market Cap: $10.98 billion
- Declaration date: 2023-04-25
- Pay date: 2023-07-20
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 1.19 | 1.19 | 1.11 | 1.11 | 1.11 | 1.11 | 1.03 | 1.03 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
4. – GD – General Dynamics Corporation
Forward Yield (%): 2.45%
Ex-Dividend Date: 2023-07-06
This week, General Dynamics Corporation is ranked 4th for dividend performance. The company is a renowned leader in the aerospace and defense industry, providing agile and effective products and services to the US government and its allies. With a steady and dependable history of dividends, General Dynamics Corporation is known as a reliable source of income for investors. The company has worked to outpace its peers and consistently out-earn its forecasts, showing that its peers are outmatched when it comes to reliable income.
- Current stock price: $215.15
- Market Cap: $59.02 billion
- Declaration date: 2023-06-07
- 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 | 1.32 | 1.26 | 1.26 | 1.26 | 1.26 | 1.19 | 1.19 | 1.19 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
3. – JPM – JPMorgan Chase & Co.
Forward Yield (%): 2.75%
Ex-Dividend Date: 2023-07-05
JPMorgan Chase & Co. maintains its solid position at #3 in the rankings this week. This global financial services company is a leader in the banking sector, providing services including investment banking, retail banking, asset management, wealth management, and credit cards. It holds operations in more than 100 countries and is one of the oldest financial institutions in the U.S. Since its founding in 1799, the company has grown significantly and focuses on delivering superior long-term value to shareholders. In the area of dividends, JPM has been steadily increasing its payouts since 2015 and is one of the most stable and grower of financial stocks in terms of dividend payments. In the fourth quarter of 2020, the company saw an increase of 2.2% in its dividend per share, from a payout of $1.82 in 2019 to a payout of $1.86 in 2020, making it a lucrative stock for dividend investors.
- Current stock price: $145.44
- Market Cap: $425.02 billion
- Declaration date: 2023-05-15
- Pay date: 2023-07-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.90 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
2. – DRI – Darden Restaurants, Inc.
Forward Yield (%): 3.14%
Ex-Dividend Date: 2023-07-07
Darden Restaurants, Inc. ranks at 2 on this week’s 10-best dividend rankings. It is an American multi-brand restaurant operator and currently the largest full-service restaurant company in the world according to its market capitalization. It has one of the longest dividend-paying histories, having paid quarterly dividends continuously to shareholders since 1995. Darden operates a portfolio of over 1,500 restaurants across the United States and Canada under eight popular brands, Olive Garden Italian Restaurants, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Bahama Breeze, Seasons 52 and Eddie V’s. Management has grown the business steadily through acquisitions, new menu offerings, and new store openings. The dividend payout ratio was about 60% in the last financial year, indicating ample cash is available to support further dividend growth. Darden continues to move forward on its diversification strategies and continues to reward shareholders with a healthy dividend yield of 2.35%.
- Current stock price: $167.08
- Market Cap: $20.20 billion
- Declaration date: 2023-06-21
- Pay date: 2023-08-01
- 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 | 1.21 | 1.21 | 1.21 | 1.21 | 1.10 | 1.10 | 1.10 | 1.10 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
1. – UVV – Universal Corporation
Forward Yield (%): 6.41%
Ex-Dividend Date: 2023-07-07
Universal Corporation has the top ranking this week due to its strong market presence and long track record of steady dividend growth. It is a leading global leaf tobacco supplier and provides products and services to customers in more than 130 countries. Since its founding in 1918, the company has continually invested in its business to keep pace with changes in the industry and customer demands. Universal Corporation has a long history of strong dividend payment and over the years, has both increased and maintained a high level of return for its shareholders. The company has a track record of delivering a sustainable dividend increase for five consecutive years, and has achieved a cumulative dividend growth of 70% over the last 12 years. Universal Corporation has also boasted steady earnings growth over the past 10 years, making them a safe and attractive choice for investors seeking consistent income.
- Current stock price: $49.94
- Market Cap: $1.23 billion
- Declaration date: 2023-05-24
- Pay date: 2023-08-07
- 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 | 0.79 | 0.79 | 0.79 | 0.79 | 0.78 | 0.78 | 0.78 | 0.78 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
