The ‘Top 10’ dividend stocks that investors may consider worth following in 2021 and beyond now that you know what a dividend is and how to calculate a stock’s all-important Dividend Yield.
Cromwell Property Group (ASX: CMW)
Cromwell Property Group, a multi-asset real estate investor and manager, is the first cab off the line. Cromwell manages assets totaling roughly $12 billion, with more than 2,700 tenant customers. The majority of the spaces in these property assets are leased as office spaces and are scattered across 15 countries.
Cromwell’s dividend yield currently stands at 8.2 percent, based on the company’s dividend payments over the past year. DPS has decreased since 2018, although dividend yields have remained stable at around 6% to 10%. Cromwell Property’s share price has fallen recently, resulting in an increase in the dividend yield.
BHP Group Ltd (ASX: BHP)
The third-largest publicly traded firm in Australia, BHP, comes next on the list of the ASX 200’s highest dividend yielding equities.
The diversified miner had a banner year of profits thanks to a rise in commodities. As a result, shareholders received a dividend bonanza. Dividends given to stockholders increased by 150 percent in one year, resulting in a dividend yield of 10.5%.
This dividend has risen, however, as the BHP share price has fallen by about 30 percent from its highs due to the declining iron ore price.
AGL Energy Limited (ASX: AGL)
AGL Energy, one of Australia’s oldest enterprises, is yet another victim of falling DPS and rising yields. After 12 months of increasing prices, it appears that the $4 billion electricity and gas supplier couldn’t get a break. AGL reported a loss of $2.06 billion in FY21 due to provisions for out-of-the-money renewable power contracts and the restoration of generation sites.
A total of 65 cents per share was paid out in dividends for the year, notwithstanding the disaster that occurred. As of this writing, the dividend yield on AGL stock is 10.6 percent. The share price of the corporation fell by 54.3 percent during the distribution of those dividends, which once again increases this yield.
Rio Tinto Limited (ASX: RIO)
That gets us to Rio Tinto, the second-highest dividend-paying stock on the ASX 200. Over the past year, Rio Tinto has been on a dividend splurge, following a common theme among the cash-rich iron ore companies.
Over the last year, the mining company’s profits soared from US$7.2 billion to US$18.8 billion, allowing it to pay out hefty dividends to stockholders. A total of US$9.312 was paid in dividends for the year ending December 31, 2013. Based on the current share price of Rio Tinto, this represents a dividend yield of 13%.
Fortescue Metals Group Limited (ASX: FMG)
Finally, Fortescue Metals, a fast-growing Australian iron ore miner, is the ASX 200’s top dividend-paying stock.
Profits at the iron ore mining business chaired by Andrew “Twiggy” Forrest more than doubled in the first half of the year, thanks to the surging prices. Dividends went from US$1.403 to US$3.035 in just a year as a result of the corporation making this decision.
Fortescue’s share price has fallen about 50% in the last few months, making it the worst-hit of the main iron ore producers. Consequently, the company’s dividend yield has risen to an incredible 27.9 percent, making it the ASX 200’s highest yielding dividend stock.
Do Tesla pay dividends?
Tesla has never paid a dividend to shareholders of its ordinary shares. Therefore, we do not expect to distribute any cash dividends in the near future because we aim to keep all future earnings to fund further expansion.
Does Woolworths pay dividends?
Finally, this allowed the board to raise the final Woolworths dividend to 55 cents per share, much to the joy of shareholders. That’s a rise of 14.6% from the previous equivalent time period, for example.
Woolworths’ full-year dividend now stands at 108 cents per share, an increase of 15 percent from last year’s total payout.
Based on the current share price of Woolworths, this yields a fully franked dividend of 2.6 percent.
Although it is not the largest on the Australian share market, the Woolworths dividend still destroys term deposits and savings accounts.
What is Netflix dividend?
Since 1971, Netflix (NFLX) has paid out dividends to shareholders. Currently, Netflix (NFLX) is paying out $0.00 in dividends for the last three months. On December 3, 2021, Netflix’s dividend yield was 0.00 percent.
What is Coca Cola dividend?
It’s been over a century since Coca-Cola has been satisfying the thirst of its customers. With a focus on restaurants, cinemas, and theme parks, the company makes and sells its drinks around the world. It had a harmful effect during the coronavirus pandemic, but now that the economy has recovered, the policy is actually beneficial.”
Each Coca-Cola share pays out $0.42 in quarterly dividends for a yield of 3.07 percent. Over the past few years, the company’s dividend payout ratio, which is the percentage of earnings distributed to shareholders as dividends, has risen to more than 100 percent. Because eventually the company runs out of cash, a dividend payout ratio of more than 100% is unsustainable.
Which is better Coles or Woolies?
Woolworths has emerged as the most popular supermarket in the survey, which may come as a surprise to some. They’ve not only been chosen the best, but the margin of victory is quite substantial. More than 17,000 people out of a total of 26,800 voted for Woolies as the best supermarket. On the other hand, 9,400 people voted for Coles as their preferred supermarket chain.
How do I make $100 a month in dividends?
We’ll cover each of these steps in further detail in the near future. First, I’d like to share a reader’s recent feedback. With hopes of encouraging you to learn about dividend-earning investments
