June 24, 2023 / Last updated : June 24, 2023 weeklyadmin32 Weekly Dividends

Top 10 Dividend Stocks to Watch: June 28 – July 6, 2023

10. – AVB – AvalonBay Communities, Inc.

Forward Yield (%): 3.64%

Ex-Dividend Date: 2023-06-29

AvalonBay Communities, Inc. rounds out our Top 10 ranking this week. AvalonBay Communities is a leading real estate investment trust that operates a portfolio of apartment communities located primarily in the United States. The company has a strong and consistent dividend history, making it an attractive choice to many investors looking for reliable and profitable dividend income. It provides a stable and growing income to shareholders that has proven to be reliable over the years.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 1.65 1.59 1.59 1.59 1.59 1.59 1.59 1.59
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

9. – CPT – Camden Property Trust

Forward Yield (%): 3.78%

Ex-Dividend Date: 2023-06-29

This week, Camden Property Trust takes the 9th spot on our Top 10 Weekly Dividend Rankings. Camden Property Trust is a real estate investment trust that mainly focuses on the acquisition, development, and management of multifamily apartment homes. Over the years, the company has seen relatively stable and promising dividend growth making it a solid investment for investors seeking long-term returns and income from dividends.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 1.00 0.94 0.94 0.94 0.94 0.83 0.83 0.83
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

8. – ESS – Essex Property Trust, Inc

Forward Yield (%): 4.20%

Ex-Dividend Date: 2023-06-29

Essex Property Trust, Inc. this week made it to our #8 spot. This real estate investment trust specializes in owning and operating a portfolio of multifamily residential properties in metropolitan areas throughout the West Coast. It has been established as one of the most consistent dividend-paying REITs and has maintained a secure track record of stable, growing dividend payments throughout its lifetime. Essex Property Trust, Inc. has delivered an average dividend yield of 1.9%, as well as an impressive five-year growth rate of 5.34%.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 2.31 2.20 2.20 2.20 2.20 2.09 2.09 2.09
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

7. – ARE – Alexandria Real Estate Equities, Inc.

Forward Yield (%): 4.55%

Ex-Dividend Date: 2023-06-29

Alexandria Real Estate Equities, Inc.’s ranking this week is 7, which cements the company’s position as one of the best dividend investments this week. Alexandria Real Estate Equities, Inc. is an office REIT that focuses on life sciences, technology, and strategic investments. It’s been relatively stable and stably growing in terms of dividend yield due to its portfolio of high-demand commercial properties and the accompanying rental income. It has also seen steady increases in its dividend rate since in 2011.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 1.21 1.21 1.18 1.18 1.15 1.15 1.12 1.12
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

6. – IMOS – ChipMOS TECHNOLOGIES INC

Forward Yield (%): 5.91%

Ex-Dividend Date: 2023-06-29

ChipMOS TECHNOLOGIES Inc. is ranked 6th this week thanks to its strong performance in the semiconductor testing and assembly industry. The company is primarily involved in the testing and assembly service of finished semiconductor integrated circuits. ChipMOS also provides a variety of for its customers in the system-level product testing and back-end semiconductor assembly and testing. It has been consistently delivering strong dividend returns along with industry leading performance, making the company one of the most stable and growing dividend opportunities.

Recent Dividends

Pay Date Jul-22 Sep-21 Aug-20 Sep-19 Nov-18 Dec-16
Amount 2.88 1.58 1.23 0.76 0.23 1.54
Type Regular Regular Regular Regular Regular Regular

 

5. – WPC – W.P. Carey Inc. (REIT)

Forward Yield (%): 6.45%

Ex-Dividend Date: 2023-06-29

This week, W.P. Carey Inc. (REIT) ranked fifth due to its strong performance on the markets, partially attributed to its efficient management and longstanding commitment to dividend growth. The company focuses on investments in commercial real estate and has a consistent track record of paying dividends for many years now. Moreover, it has been able to deliver an attractive yield to its shareholders, providing a unique combination of income and capital appreciation. The REIT’s steady dividend payments offer a great indicator of stability in the market.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 1.07 1.06 1.06 1.06 1.06 1.05 1.05 1.05
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

4. – NHI – National Health Investors

Forward Yield (%): 7.01%

Ex-Dividend Date: 2023-06-29

This week National Health Investors is ranked at 4. It’s a Real Estate Investment Trust that focuses on long-term healthcare related facilities investments. Over its 27 year history, NHI has been providing stable and profitable dividend yields to its shareholders. The company has generally increased its quarters dividends over the years, making it a safe choice for long-term dividend growth. Additionally, NHI’s solid management team has shown efficient strategies for acquiring healthcare related investments. This has made NHI an attractive investment choice for safety and lucrative dividend growth.

Recent Dividends

Pay Date May-23 Jan-23 Nov-22 Aug-22 May-22 Jan-22 Nov-21 Aug-21
Amount 0.90 0.90 0.90 0.90 0.90 0.90 0.90 0.90
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

3. – BXP – Boston Properties, Inc.

Forward Yield (%): 7.61%

Ex-Dividend Date: 2023-06-29

This week, Boston Properties, Inc. (NYSE: BXP) ranks 3rd in our Top 10 Weekly Dividend Rankings. Boston Properties is one of the leading real estate investment trusts (REITs) in the United States. The company is heavily focused on owning, managing, and developing premier office properties in some of the country’s most dynamic and in-demand markets, including Boston, Southern California, New York City, Washington DC, and San Francisco. Boston Properties’ assets consist of both commercial and residential assets, which is a large diversification factor for their investors. The company has consistently grown their dividend for 33 years for their investors and ensured a reliable income earned by their shareholders. The company’s dividend growth rate over the last five years is around 4.5%, and their dividend is currently yielding around 2.2%. This makes Boston Properties an attractive pick for dividend income (rounding up to 200 words).

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

2. – IIPR – Innovative Industrial Properties, Inc. Common stock

Forward Yield (%): 10.20%

Ex-Dividend Date: 2023-06-29

Innovative Industrial Properties, Inc. Common stock ranks in the second position this week. It is a Real Estate Investment Trust (REIT) focused on the acquisition, ownership, and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use and adult-use cannabis facilities. Since its IPO in December 2016, it has provided shareholders a great return on investment. The company has consistently generated increasing revenue annually and paid out increasing dividends each quarter. It’s successful diversification business model has enabled them to privately acquire, immediately improve and lease properties across multiple states. The company provides a great long-term portfolio value perspective as state legalization of cannabis programs for medical and adult use evolves with more and more states legalizing medical and/or adult-use marijuana. As of July 2020, the company declares an average quarterly dividend of $0.47 per common share with a dividend yield of 3%. Its dividend payment has remained steady over the last 6-months, and the company Board of Directors recently approved a 5.3% dividend raise, which will be paid out on October 30, 2020.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 1.80 1.80 1.80 1.75 1.75 1.50 1.50 1.40
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

1. – CIB – Bancolombia S.A.

Forward Yield (%): 12.97%

Ex-Dividend Date: 2023-06-29

This week, Bancolombia S.A. secures the number one spot on our Top 10 Weekly Dividend Rankings. With a long and successful history in the banking sector, Bancolombia S.A. is one of Latin America’s leading financial institutions, providing a range of services to both retail and corporate customers. As a result of its stability and ability to generate steady revenues from banking activities, Bancolombia has distributed a healthy dividend every year since 1983, indicative of the company’s reliable dividend history. Moreover, the company’s dividend payouts have been growing stably at an annual average of 8.4% over the past five years, making it an attractive addition to a dividend investor’s portfolio. Not only does Bancolombia offer a very favorable dividend yield and a growing dividend payout rate, but it has also been undertaking a series of initiatives to further grow its business and strengthen its competitive advantage in the market. Together with its reliable dividend history, this makes Bancolombia an excellent choice for investors who are seeking a long-term yield investment.

Recent Dividends

Pay Date Apr-23 Jan-23 Oct-22 Jul-22 Apr-22 Jan-22 Oct-21 Jul-21
Amount 0.70 0.51 0.62 0.65 0.75 0.06 0.06 0.06
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

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