Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Dividends are an effective income generation tool for both short- and long-term investors. To capitalize on dividends, investors must ensure that they purchase the stock before the ex-dividend date and hold the stock through this period. Payments for dividends usually occur two to six weeks after the Ex-Date. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates.
1. The Bank of Nova Scotia
The Bank of Nova Scotia (BNS ) offers a dividend yield of 4.96% based on yesterday’s closing price of $44.08 and pays a dividend of $2.19. The stock is down 29.71% from its 52-week high. Dividend.com currently rates The Bank of Nova Scotia as “Recommended”, with a DARS™ rating of 3.5 stars out of 5 stars.
2. The Toronto-Dominion Bank
The Toronto-Dominion Bank (TD ) offers a dividend yield of 3.88% based on yesterday’s closing price of $39.42 and pays a dividend of $1.53. The stock is down 22.77% from its 52-week high. Dividend.com currently rates The Toronto-Dominion Bank as “Recommended”, with a DARS™ rating of 3.5 stars out of 5 stars.
3. JPMorgan Chase & Co.
JPMorgan Chase & Co. (JPM ) offers a dividend yield of 2.89% based on yesterday’s closing price of $60.97 and pays a dividend of $1.76. The stock is down 13.65% from its 52-week high. Dividend.com currently rates JPMorgan Chase & Co. as “Neutral”, with a DARS™ rating of 3.2 stars out of 5 stars.
4. Quest Diagnostics Inc.
Quest Diagnostics Inc. (DGX ) offers a dividend yield of 2.47% based on yesterday’s closing price of $61.47 and pays a dividend of $1.52. The stock is down 30.93% from its 52-week high. Dividend.com currently rates Quest Diagnostics Inc. as “Neutral”, with a DARS™ rating of 3.1 stars out of 5 stars.
5. Dynex Capital Inc.
Dynex Capital Inc. (DX ) offers a dividend yield of 14.63% based on yesterday’s closing price of $6.56 and pays a dividend of 96 cents. The stock is down 24.34% from its 52-week high. Dividend.com currently rates Dynex Capital Inc. as “Neutral”, with a DARS™ rating of 3.0 stars out of 5 stars.
