In the world of investing, dividends can be a powerful tool for long-term growth and income. For investors seeking high dividend stocks, 2017 was a year filled with promising opportunities in the United States. This article will delve into some of the top high dividend US stocks that stood out in 2017, providing insight into why they were attractive to investors.
Exxon Mobil Corporation (XOM)
Exxon Mobil, one of the largest oil and gas companies in the world, was a standout in 2017. With a dividend yield of around 3.4%, the company's robust dividend was a major draw for income-seeking investors. Exxon Mobil's strong financial performance and commitment to increasing its dividend over time made it a favorite among dividend investors.
Johnson & Johnson (JNJ)
A household name in the healthcare industry, Johnson & Johnson offered a dividend yield of approximately 2.7% in 2017. The company's diversified business model, which includes pharmaceuticals, medical devices, and consumer healthcare products, provided stability and growth potential. Johnson & Johnson's long history of increasing dividends made it a top pick for investors looking for consistent income.
Procter & Gamble (PG)
Procter & Gamble, known for its consumer goods, offered a dividend yield of around 3.1% in 2017. The company's wide range of products, from laundry detergents to personal care items, provided a steady stream of revenue. Procter & Gamble's commitment to shareholder returns, including dividends, made it an appealing choice for investors seeking high dividend stocks.
Apple Inc. (AAPL)
While known primarily for its cutting-edge technology products, Apple also offered a significant dividend in 2017, with a yield of about 1.6%. The tech giant's strong financial performance and consistent cash flow allowed it to increase its dividend and return capital to shareholders through share buybacks. Apple's diversified business and global presence made it a reliable source of income for investors.
Case Study: Wal-Mart Stores, Inc. (WMT)
Wal-Mart Stores, Inc., the world's largest retailer, offered a dividend yield of around 2.4% in 2017. Despite facing challenges in the retail industry, Wal-Mart managed to increase its dividend for the 44th consecutive year. The company's focus on e-commerce and international expansion helped to maintain its competitive edge and attract dividend investors.
Conclusion
2017 was a year where several high dividend US stocks provided attractive opportunities for investors. Companies like Exxon Mobil, Johnson & Johnson, Procter & Gamble, Apple, and Wal-Mart Stores demonstrated their ability to generate consistent income and provide long-term growth potential. As investors continue to seek high dividend stocks, these companies remain top picks for their stability and commitment to shareholder returns.