Top 10 Dividend Stocks to Watch: May 22-29, 2023

10. RS – Reliance Steel & Aluminum Co.

Forward Yield (%): 1.64%

Ex-Dividend Date: 2023-05-25

Reliance Steel & Aluminum Co. is a well-established Fortune 500 company in the metal service center industry, known for providing metals processing services and distributing a full line of over 100,000 metal products. A long-standing player in the industry, it has consistently paid dividends.

9. NOC – Northrop Grumman Corporation

Forward Yield (%): 1.69%

Ex-Dividend Date: 2023-05-26

Northrop Grumman Corporation is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. With a steady track record of dividend payouts, it’s a firm staple for many defense-oriented investment portfolios.

8. TSCO – Tractor Supply Company

Forward Yield (%): 1.84%

Ex-Dividend Date: 2023-05-26

Tractor Supply Company is the largest operator of rural lifestyle retail stores in America. Founded in 1938 as a mail order tractor parts business, it has established a long history with stable dividends for investors.

7. EQIX – Equinix, Inc.

Forward Yield (%): 1.89%

Ex-Dividend Date: 2023-05-23

Equinix, Inc. is a global leader in colocation and interconnection services, operating a global portfolio of data centers. With a solid track record of consistent dividends, it’s a prime choice for investors looking to tap into the digital economy.

6. HII – Huntington Ingalls Industries, Inc.

Forward Yield (%): 2.47%

Ex-Dividend Date: 2023-05-25

Huntington Ingalls Industries, Inc. is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions have built more ships in more ship classes than any other U.S. naval shipbuilder, providing steady dividends for investors.

5. JNJ – Johnson & Johnson

Forward Yield (%): 2.99%

Ex-Dividend Date: 2023-05-22

Johnson & Johnson is a multinational corporation that produces medical devices, pharmaceuticals, and consumer packaged goods. Founded in 1886, it has a long and stable history of dividends, making it a popular choice for conservative, income-focused investors.

4. SNY – Sanofi

Forward Yield (%): 3.46%

Ex-Dividend Date: 2023-05-25

Sanofi is a global healthcare leader engaged in the research, development, manufacturing, and marketing of innovative therapeutic solutions. The company, founded in 1973, has a strong history of providing dividends.

3. VLO – Valero Energy Corporation

Forward Yield (%): 3.67%

Ex-Dividend Date: 2023-05-22

Valero Energy Corporation, an international manufacturer and marketer of transportation fuels and other petrochemical products, is a Fortune 500 company based in San Antonio, Texas. Established in 1980, it has consistently provided dividends for investors.

2. PRU – Prudential Financial, Inc.

Forward Yield (%): 6.09%

Ex-Dividend Date: 2023-05-22

Prudential Financial, Inc., a financial services leader with more than $1 trillion of assets under management, has operations in the United States, Asia, Europe, and Latin America. Its long history since 1875 and consistent dividends make it a solid pick for many portfolios.

1. TRMD – TORM plc

Forward Yield (%): 20.57%

Ex-Dividend Date: 2023-05-22

TORM plc, one of the world’s leading carriers of refined oil products, is renowned for its fleet of product tankers. The company boasts a long-standing presence in the shipping industry and provides attractive dividends for its investors.