MaxDividends Stocks of the Week 21/10/2024
Top 10 Dividend Undervalued Stocks | +19,87% Total Returns Annually
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Top Stocks of the Week
Every week, We handpick top high yield dividend growing reliable undervalued / fairy valued stocks to invest in using the MaxDividends strategy. Best fit for DGI strategy and long-term dividend investors.
These companies offer high, growing dividends, are profitable, and financially stable at the time of publication.
This is a free part of MaxDividends Stocks of the Week section. To get full version unlock Premium Membership.
Table of Content
Dividend News, Market & My Dividend Portfolios
Top 10 of the Week USA: comments, insights
Top 3 the Most Promising Dividend Ideas of the Week
Top 3 of the Week Global: comments, insights
My Short List Updates for This Week. Plan of the Week
Dividend Market Overview
A Deep Dive into Last Week Dividend’s Universe Events
MaxDividends Stocks pay sustainable dividends by decades without interruption, rasing them consistently over years.
To focus on what we love, we need stop worrying about daily expenses. For me, the solution was creating a growing passive income stream through dividend stocks.
Let’s dive into the biggest movers and those getting ready to pay you in the coming days.
Top 3 Gainers of the Week: MaxDividends Top Stocks
Top Dividend Stocks picked by MaxDividends Team
+12,27% Cisco Systems Inc
A solid player when it comes to dividends. With a current yield of 2.82% and 10+ years of consecutive increases, it's clear Cisco knows how to keep its investors happy.
They're paying out $1.60 annually per share, which is comfortably covered by their earnings, with a payout ratio hovering around 53-55%. So, there's no need to worry about them stretching themselves thin.
+10,70% CompX International
Is doing pretty well when it comes to dividends. Right now, it's paying a solid yield of 3.89%, with an annual payout of $1.20 per share. They recently threw in a special dividend of $2.00 in August 2024, which shows they’re serious about rewarding shareholders.
Plus, their dividend growth has been impressive, averaging 35.72% over the last three years. The payout ratio is sitting at a manageable 72.73%, meaning they’ve got room to keep those payments going without stretching themselves too thin.
+5,19% Greif Inc
Reliable dividend stock, currently offering a solid yield of 3.4%. They pay an annual dividend of $2.16 per share, and their recent quarterly payout was $0.54. What’s great about Greif is that they’ve consistently grown their dividends by about 5% annually over the last three years.
With a payout ratio around 46%, they’re in a healthy spot to maintain or even increase dividends going forward, all while keeping the business financially strong.
Dividend Hike of the Week: Fifth Third Bancorp (FITB)
Dividend Increase: +5.71%
Fifth Third Bancorp just bumped up its quarterly dividend to $0.37 per share, a +5.71% increase from the previous payout. This brings the annual dividend to $1.48, yielding a solid 3.59%.
Fifth Third has a strong track record of raising dividends for 14 consecutive years, with an average dividend growth rate of 8% over the past three years. With a payout ratio of just under 47%, the bank is comfortably covering its dividend, signaling both stability and potential for future increases
Max Dividends Note
Last week, I made my regular stock purchases for my dividend portfolios. The total amount invested in my dividend portfolios is ~$185,931.34 .
In September, I received my first significant dividends and reinvested the funds by purchasing more shares. Over time and by exercising patience, I create a dividend snowball effect.
Since last week, my dividend income increased by $625, going from $10,671 to $11,296. Since October started, my dividend income already raised by $1,427.
Happy dividends for all the holders!
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🔥 Now, let’s break down the hottest TOP 10 Undervalued Dividend Ideas of the Week
The one’s my team and I choose for our own dividend portfolios right now as the most stable and promising.
Companies there have a great results in price perfomance and also impressive dividend hikes track. For example, Broadcom (AVGO), I personally hold since 2021.
The Semiconductor leader grew +274% since than and I get quarterly 4,41% with dividends (yield). This December I expect also one more dividend hike with Broadcom 💪
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Top 10 of the Week USA
Top 10 Undervalued High Class Dividend Growth Ideas of the week
⭐️ Week 21/10/2024 MaxDividends USA Stocks
10Y Total Returns Annually +19.87%
10Y Annual Dividend Growth Rate +13.89%
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