The dividend yield is a very important metric that is used by investors while evaluating dividend stocks to buy. When you purchase a stock to add it in your dividend portfolio, you must look for the current yield. It's more than just a purchasing indicator. The dividend yield is calculated by dividing the current annualized dividend payout per share by current stock price. It's helpful to determine the entrance price and the exit price when the times come.
Here are the five dividend stocks that continuously raising their dividend yield.
Century Link (NYSE: CTL) –
Century Link, Inc. is a multinational communications company. It provides communications and data services to residential, business, governmental and wholesale customers and also long distance services. Its approximately 45% of total employees are represented by two labor unions. The company’s segments include Regional markets, Business markets, Wholesale markets and Savvies operations.
The company has a market capitalization of 22.75 Billion, EPS is 1.25, P/E ratio is 29.15 and the dividend yield is 5.95 percent at the annual dividend payout of 0.54.
Verizon Communications (NYSE: VZ) –
Verizon Communication Inc. is a holding company which provides communications, information and entertainment products and services to its consumers, business and governmental agencies. The company has two segments: Verizon Wireless and Wireline. Verizon Wireless segment include wireless voice and data services and equipment sales which are provided to consumer across the United States. Wireline segment provides the products and services related to voice, internet access, broadband video and data, internet protocol network services, network access, long distance and other services.
It has a market capitalization of 141.12 Billion, EPS is 0.31, P/E ratio is 159.45 and the dividend yield is currently 4.17 at the annual dividend payout of 0.51.
Ford Motor Company (NYSE: F) –
Ford Motor Company is also known as Ford. This is an American multinational automaker that produces cars and trucks. The company and its subsidiaries also engage in other business, including vehicles. It is operating in two sectors: Automotive and Financial services. The automotive sector includes ford North America, Ford South America, Ford Europe and Ford Asia pacific Africa. The financial services include Ford Motor Credit Company and other financial services.
It has a market capitalization of 50.20 billion, EPS is 1.42, P/E ratio is 8.99 and the current dividend yield is 3.12% at the annual dividend payout of 0.10.
General Electric Company (NYSE: GE) –
General Electric Company is an American multinational diversified technology and financial services company. The company operates in more than 100 countries. Its products and services range are from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products.
General Electric Company has a market capitalization of 239.78 billion, EPS is 1.39, P/E ratio is 16.61 and the dividend yield is 3.30 percent at the annual dividend payout of 0.19.
ENSCO (NYSE: ESV) –
Ensco plc. Is a multinational oil and gas service company and is a provider of offshore contract drilling services to the international oil and gas industry. Its customers are from national and international oil companies. There are 7,000 employees and annual revenue in the $2.3 billion range. The company is publicly traded on the New York Stock Exchange with the symbol ESV.
The company has a market capitalization of 22.05 billion, EPS is 5.24, P/E ratio is 11.22 and the dividend yield is 3.40% at the annual dividend payout of 0.50.
Bottom Line –
These are the top solid stocks that are continuously raising their yields. A dividend can be paid by any company but the best can grow distributions for every year. Those companies that have a solid history of increasing their dividends each year are a good place to start investing. To start your search for best dividend stocks you should consider P/E ratio, current yield and payout ratio. These will help you to maximize your purchases by investing in value companies.