McDonald's, RPM International, Whitecap Resources, Coca-Cola, Emerson Electric, Procter & Gamble, Visa, and Coca-Cola are all attractive dividend stocks for long-term investors.
McDonald's Corp (MCD) stock has a 64 overall rating, putting it near the top of the Restaurants industry. The stock scores better than 64 percent of all stocks. The stock is currently trading at $283.89, a decline of -3.52% from the previous closing price. Volume today is 3,307,801 compared to average volume of 3,116,661 [e7c9804e].
RPM International is a construction stock that has seen a price change of -6.01% this year. The specialty chemicals company pays a dividend of $0.46 per share, with a dividend yield of 2.01%. RPM International has increased its dividend 5 times over the last 5 years, with an average annual increase of 5.03%. The company expects solid earnings growth for 2023, with a projected year-over-year growth rate of 16.28% [e6b09f03].
Whitecap Resources, a Calgary-based oil and natural gas operation, offers a monthly dividend with a yield of 7.57%. The company is positioned for growth and plans to invest up to $2 billion in capital by 2024 to increase production. Whitecap has also reduced its debt by $900 million in the past year and aims to return 75% of free funds flow to investors through dividends and share repurchases. While there are risks involved, the company's growing business, attractive dividend, and commitment to debt reduction make it an appealing investment option [064485f4].
Coca-Cola is a Dividend King with solid revenue and earnings growth. It raised its dividend by 5.4% to an annual $1.94 per share, marking the 62nd consecutive annual increase [a563c990].
Emerson Electric is another Dividend King that has increased its dividend for the last 65 years. The company is pivoting towards automation and adjacent markets [a563c990].
Procter & Gamble is a consumer staples company that has hiked its dividend higher for the past 67 consecutive years. It generates massive amounts of cash from its diverse portfolio of brands [a563c990].
Visa is an attractive Dow dividend growth stock with one of the fastest dividend growth rates in the market. It has averaged a 15.7% increase per year over the past five years. Visa is owned by Warren Buffett [1bca81eb].
Coca-Cola, another Dow dividend growth stock, has raised its cash distributions to shareholders for 62 consecutive years and offers an attractive yield of 3.26%. Coca-Cola is also owned by Warren Buffett [1bca81eb].
All eight stocks offer the potential for dividend income and growth, making them attractive options for investors.
McKesson Corp (MCK) is near the top in its sector according to InvestorsObserver. MCK gets an overall rating of 82, higher than 82% of stocks. McKesson Corp gets a 90 rank in the Healthcare sector. MCK has an Overall Score of 82. McKesson Corp stock is trading at $522.66 as of 2:57 PM on Wednesday, Mar 13, a drop of -$8.58, or -1.62% from the previous closing price of $531.24. Volume today is light with 343,218 shares traded compared to average volume of 825,360 shares.
Neo Ivy Capital Management has reduced its stake in RPM International Inc. (NYSE:RPM) by 79.9% during the fourth quarter, selling 8,519 shares and leaving it with 2,141 shares worth $239,000. Other institutional investors and hedge funds have also made changes to their positions in RPM. RPM International reported earnings of $0.52 per share for the quarter, beating the consensus estimate of $0.48. The company had revenue of $1.52 billion, up 0.4% year-over-year. RPM International declared a quarterly dividend of $0.46 per share, representing an annualized yield of 1.65%. The stock has a 50-day moving average of $110.46 and a 200-day moving average of $110.76. Four research analysts have given the stock a hold rating and four have given it a buy rating, with an average price target of $115.11 [8a48fd69].