Top 10 Best Dividend Stocks for Passive Income

The Selection of Top Dividend Yielding Stocks Guiding Passive Revenue Generation

Choosing dividend-paying stocks provides people with two benefits: 

1.They create passive income streams 

2.Expand their long-term financial assets. 

The following list includes the 10 premium dividend stocks among many choices:

1. Johnson & Johnson (JNJ)

- Dividend yield: 2.7%

- Payout ratio: 44%

- Industry: Healthcare

Since a long period Johnson & Johnson operates as a healthcare business that provides dividends consistently.

2. Procter & Gamble (PG)

- Dividend yield: 2.5%

- Payout ratio: 55%

- Industry: Consumer Goods

Procter & Gamble operates as a consumer goods company with iconic product brands that consistently offers dividend distributions to its shareholders.

3. Coca-Cola 

- Dividend yield: 3.1%

- Payout ratio: 77%

- Industry: Beverages

Coca-Cola functions as a leading beverage corporation that continues providing dividends to shareholders along with attractive returns since the early days of its establishment.

4. ExxonMobil (XOM)

- Dividend yield: 5.1%

- Payout ratio: 43%

- Industry: Energy

ExxonMobil operates worldwide as an energy enterprise using established dividend procedures to guarantee shareholders receive premium dividend distributions.

5. 3M (MMM)

- Dividend yield: 3.3%

- Payout ratio: 55%

- Industry: Industrials

As part of its long history in dividend payments 3M continues to provide dividend distributions to its shareholders.

6. Real Estate Investment 

- Dividend yield: 4.3%

- Payout ratio: 81%

- Industry: Real Estate

Realty Income as a REI property company has paid dividends uninterrupted for many years. 

while delivering substantial dividends to its shareholders.

7. Pepsi Co (PEP)

- Dividend yield: 2.8%

- Payout ratio: 63%

- Industry: Beverages

As a beverage and snack food corporation Pepsi Co continues to distribute stable dividends throughout multiple years.

8. Verizon Communications (VZ)

- Dividend yield: 4.8%

- Payout ratio: 53%

- Industry: Telecommunications

The telecommunications business operated by Verizon Communications generates stable

 distributions that occur at a premium dividend yield level.

9. AT & T 

- Dividend yield: 5.3%

- Payout ratio: 59%

- Industry: Telecommunications

AT&T maintains a telecommunications business model through which it continues paying stable dividends at high yield levels.

10. Duke Energy (DUK)

- Dividend yield: 4.1%

- Payout ratio: 72%

- Industry: Utilities

The utilities company Duke Energy delivers consistent dividends along with a high yearly payout to shareholders.

The top 10 dividend stock listings provide an excellent foundation to establish passive revenue through dividends.

Before committing to investments seek expert advice from financial advisors regardless of preliminary research and personal financial goal examination.



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