The Best Dividend Stocks of 2020
Investors, who have valued income for many years, are looking for the best dividend stocks in the market. In this article, we will give some information about the best dividend stocks of 2020.
Based on the experience gained from the market, there are some main criteria to look for in large dividend stocks. These; The history of the company can be listed as increasing dividend distributions over time, entry points and rising trading history in its shares.
The distinctive way to find the best dividend stocks is to find outliers by looking for unusual trading activity. We will describe in a moment what this unusual business activity, which is often a corporate activity, looks like.
The five stocks we see as long-term dividend growth candidates belong to the following companies:
Bristol-Myers Squibb (BMY), Lam Research (LRCX), QUALCOMM (QCOM), ResMed (RMD) and UnitedHealth Group Company (UNH).
Based on our years of experience with large stocks, the best companies are where there are big returns. This situation hardly changes, especially for dividend-paying stocks.
Many of the biggest returns ever came from reinvesting in stocks held for many years and dividends. Someone who thinks long term; may see dividend investment as the basis of personal finance and financial independence.
Anyone who takes a comprehensive approach; It ranks each stock by long-term techniques and fundamentals, as well as whether there is a large amount of money to support the stock. This way you can ensure that the possibilities are on your side when looking for the highest quality dividend stocks. Frequently, when a stock is under pressure, it's worth checking out. As stock prices fall, the dividend yield increases. This is very important for those looking for dividends.
Bristol-Myers Squibb Company (BMY)
Bristol-Myers Squibb Company (BMY) is a leading healthcare company that is constantly growing and increasing its profit share. When looking for a strong candidate for long-term dividend growth, one should first look at leading companies under pressure.
- One month performance: -3.65 percent
- Historic big money buying movements
To graphically illustrate how stocks should be looked at, we'll examine below the major money movements of Bristol-Myers Squibb stocks last year. Green bars on the chart indicate that the stock is likely bought by an institution, while red bars indicate a sale, according to Mapsignals. The recent greener turn of the chart could be expressed as the coronavirus epidemic hit all stocks, including Bristol-Myers. However, it is worth mentioning that this situation has recovered to a great extent.
When deciding on the best dividend share in addition to technical analysis, it is necessary to see if the basic picture supports a long-term investment. For this, you have to do a deeper investigation.
- Three-year dividend growth rate: + 3.2 percent
- Current dividend per share: $ 0.45
- Current return: 3.12 percent
- Three-year earnings growth rate: + 94 percent
Lam Research Company (LRCX)
Lam Research Company (LRCX) is a leading company in the semiconductor field. The company has a good dividend history and the shares seem to survive the selling pressure created by the pandemic. Looking for a strong candidate for long-term dividend growth, look at leading companies that rebound after a major market sale.
- One month performance: + 10.96 percent
- Current big money signals
Below are the major money movements Lam Research share made last year.
As you can see, Lam Research has a good history of dividends.
Three-year dividend growth rate: + 54.2 percent
Current dividend per share: $ 1.15
Current return: 1.47 percent
Three-year earnings growth rate: + 40.11 percent
QUALCOMM Company (QCOM)
QUALCOMM Company (QCOM), one of the leading companies in the semiconductor field, QUALCOMM is also a major player in 5G.
One month performance: + 9.67 percent
The last big money moves
Below are the major money movements made by the QUALCOMM stock over the past year. It is clear that the stock has recovered from the sale.
QUALCOMM has a strong dividend history.
- Three-year dividend growth rate: + 5.17 percent
- Current dividend per share: $ 0.65
- Current return: 2.92 percent
- Three-year earnings growth rate: -177 percent
ResMed Corporation (RMD)
The ResMed Company (RMD) is a leading healthcare company specializing in sleep apnea products. Looking for a strong candidate for long-term dividend growth, one can look at leading companies that bounce after experiencing a pullback.
- One month performance: +15.43 percent
- The last big money moves
Below are the major money movements of ResMed (RMD) stock over the past year.
ResMed has a strong dividend history.
- Three-year dividend growth rate: + 7.2 percent
- Current dividend per share: $ 0.3
- Current return: 0.83 percent
- Three-year earnings growth rate: +5.21 percent
UnitedHealth Group Company (UNH)
UnitedHealth Group Company (UNH) is a leading health insurance company. While looking for a strong candidate for long-term dividend growth, the leading companies experiencing a pullback can be examined.
- One month performance: -5.49 percent
- The last big money moves
Below are the major money movements made by UnitedHealth Group Company (UNH) stake over the past year.
UnitedHealth Group Company (UNH) has a strong dividend history.
- Three-year dividend growth rate: + 20.3 percent
- Current dividend per share: $ 1.25
- Current return: 1.72 percent
- Three-year earnings growth rate: +26.38 percent
Footnote:
The shares of Bristol-Myers Squibb, Lam Research, QUALCOMM, ResMed, and UnitedHealth represent a potential buying opportunity for the long-term dividend investor. Given the strong historical dividend growth and large money movements in stocks, these stocks could be included in a yield-oriented portfolio.
Disclosure: At the time of writing the publication, the author has longstanding stocks of Bristol-Myers Squibb, Lam Research, QUALCOMM, ResMed, and UnitedHealth.
Best Dividend Stocks of 2020