7 Top Dividend Stocks That Pay Me $1,100 Per Month

there are tons of dividend paying stocks out there but they're not all built the same in this video I'll be going over seven top ones that I personally have in my portfolio I'll go over the dividend rates important statistics that you should know and why I like them now quick definition of what Dividends are they're basically a discretionary distribution of profits paid out to investors and companies they make a revenue right and the portion of this is going to be profit what can they actually do with that profit well they can put it back into the business to grow and innovate it they can choose to actually buy up companies with that capital or they can actually reward shareholders so every company that we're talking about on this list they choose to pay out a portion of their profits as dividends meaning they're choosing to reward People Like Us for holding their stock when done right having a dividend portfolio can ensure that you're getting consistent payouts for your stocks and especially in a time like this this can definitely be extremely attractive so let's get started the first author we're talking about is Home Depot stock ticker HD if you live in the US you obviously know the store and Beyond being a pretty good dividend stock Home Depot has actually earned investors returns of 88 percent over the last five years one Sheriff Home Depot is currently trading at 291.17 and if you take a look at the one-year price chart you guys can see it has been uh sort of up and down it did reach a low of about 270 dollars back in June of last year as well as September and November but we did see highs in August with it shooting up to 325 dollars a share as well as more recently when it hit over 330 per share okay now it's back down trading at about 290 so let's take a look at the dividend yield uh right now Home Depot pays out a 2.67 dividend which is definitely higher than the sector average so this means that for every share of Home Depot that you own you're gonna make 2.9 cents quarterly this is a payout ratio of 46.68 and if you guys don't know what a payout ratio is it's basically how much they are paying out in dividends divide by the total net profit so obviously you want this ratio to be lower anything under 50 is normally pretty good we've seen dividend growth for 14 years and you can sort of see that growth over the past months on this little chart right here they're a huge company they have a market cap of 200 192 billion dollars we have five year expected PEG ratio of 1.7 and as you guys can see ants are rating a Home Depot as a 2.3 meaning it's a buy with the average analyst price Target at 327 which is a good amount higher than the current price now I don't buy dividend stocks just for the dividend although that is definitely a plus I definitely care that they are a long-term company because even though companies can pay out dividends you know if the price of the company Falls then you're still losing money and so for Home Depot I think this is a great company I really do believe in them long term and that's why they are on this list the big reason for Home Depot's financial success is its dominance in the Home Improvement sector their biggest competitor is going to be Lowe's but Home Depot is definitely still quite a bit ahead of them they have a larger market share and one reason for that is because Home Depot caters to a lot of professional contractors whereas loans they tend to attract more consumers they're also more profitable meaning they have a higher operating margin and they also have a better outlook for fiscal year 2023 where they sort of expect sales to be flat while those things that their sales are going to go down a bit as we saw they pay out a pretty healthy dividend of about 2.7 percent they've seen a lot of growth with their dividend yeah I think this is a pretty safe company that you guys can pick up and rely on their quarterly dividend payments to get some extra cash flow okay so the second stock that we're talking about is Procter Gamble stock ticker PG right now one share of PG is trading for about 150 and if you take a look at the one year price chart you guys can see we were at a high of over 160 dollars per share it dropped all the way down here to about 123 dollars a share in October of 2022. Rose backup came back down and is now back on the upward Trend the current dividend yield of PG is 2.42 meaning that for every share of the stock that you own you're gonna get 91 cents in dividend payments every quarter this payout ratio is a bit higher at 64.07 which is over 50 but it's not too bad but doesn't show that their main goal is to sort of reward shareholders and not put it back into their business now Procter and Gamble they have a market cap of 360 billion dollars and right now they're five your expected PEG ratio is 4.58 answering Procter Gamble as a 2.3 meaning it's also a buy and the average analyst price Target is 155 which is just a few percent higher than the current price now one thing I do like about Procter Gamble is that they have an operating margin of 21.61 which is significantly better than its competitor Kimberly Clark in fiscal year 2022 they basically generated 14 billion dollars and that is a pretty good increase in Revenue compared to fiscal year 2019 when they generated about 12 billion dollars they saw a five percent organic sales boost for the period that ended in late December another thing is that they were able to increase their prices by about 10 percent last year which offset the six percent decrease in sales volume now in terms of its Outlook we have a 2023 growth forecast of between four and five percent and yeah going back to the dividend I know this is not a super high paying dividend stock but it's a very very stable company I feel like I'd feel a little bit bad to share companies that are more risky even though there are some riskier stocks on this list yeah this is definitely not one of them you guys know Procter and Gamble they are here to stay and I think not only is this a great buy for the long term in terms of like price appreciation but the added dividend payments of two point something percent is definitely a great bonus for owning this company so you may already know what high dividend stocks are and how they can help you make consistent income but the next step is actually finding stocks that fit the criteria so I use MooMoo and as you guys can see there is a high dividend stock list in the app here you can easily pick High dividend stocks by clicking on markets and clicking High dividend under featured lists this is basically where you can see the div and details of these stocks you want to invest in they also have an intelligent profit and loss analysis that will do an audit of your current Investment Portfolio which I found super helpful Now's the Time to join because you'll get up to 15 free stocks when you join and fund your accounts plus they're actually giving out a free one month subscription to benzynga Pro for new users beyond that it really is a a perfect platform for beginner Traders as they have over 2500 free investing courses Hands-On paper training and 24 7 customer service that can answer your training questions quickly so join me and 19 million other people who use MooMoo as their preferred Stock Investing platform the link is down below in the description again don't miss out on claiming your free Stocks by using the link down below thanks to movement for making this video possible and now back to the video so the next talk on our list is Altria stocktickermo so one share of ultra is trading at 44.50 and if you take a look at the price chart you can see the price for Emma was hit pretty hard in last year we started at about 55 a share drastically dropped all the way down to in the 40s and since then we've remained sort of consistent in price with a now in the mid 40s Ultra definitely has a very high dividend yield it's at 8.35 percent this is much higher than the sector average and so this basically means that for every share of ammo that you have you're gonna be paid 94 cents per quart this is a payout ratio of 76 point seven eight percent which is pretty high you guys this is why this is a more risky investment than the previous ones and a lot of the other ones we're talking about in this video but I still think Altria is a pretty good investment it's not the most risky and you know that 8.35 dividend yield is definitely pretty juicy it's seen really good Demon growth throughout the years and so yeah it's really hard to think hey this company is just going to stop paying dividends which is something that could happen with a lot of these high dividend yield companies now right now analysts are ring Ultra as a 2.8 meaning that it is a hold and if we look at the average analyst price Target that's at 49.63 which is about 10 higher than the current price now I was a little bit hesitant to talk about Altria because it is a tobacco company and yeah tobacco companies they don't have the best rep but in terms of a business standpoint in terms of investment standpoint I think this is a really good company to have we are in sort of a transition period for these types of companies because I mean smoking is down a lot right it's been down about 40 percent over last two decades and so that's really what's creating this big shift in the industry a lot of companies like Altria they are shifting towards smokeless procs and I really do think that Ultra is well positioned because they have very strong cash reserves and they're also snatching up a lot of companies for example enjoy which is an e-cigarette company I also think that Ultra is somewhat undervalued right now I know it's not doing that well in terms of its growth and share price I mean the last year the stock was definitely hit pretty hard it's also facing a lot of new problems as they result in the shift in this industry and how could we forget that disaster Jewel acquisition in 2018 but overall I think this is a pretty great company to have especially with that high dividend yield I think the risk might be worth it for that high dividend payment although treasury bills they are paying close to five percent as of this time so yeah it's really up to you guys if you want to take that risk but for now this is definitely a stock that is in my personal portfolio and yeah the dividend payments are definitely pretty sweet so next up we have Bank of America this is obviously one of the biggest banks in the US the 60 7 million customers and small business clients I know you guys are thinking Charlie why are you recommending a bank stock especially with what's going on with svb and the whole banking industry and yeah there are people out there that are saying they will never invest in banking stocks again for example Kevin O'Leary but personally I think it's a little bit overplayed I feel like Bank of America is in a place where it's not really going to be that affected maybe in terms of profit it will be hurt a little bit but in terms of a meltdown I don't think that's going to happen with Bank of America so right now one share of Bank of America BAC is trading at 27.94 and yeah if we look at the one year price chart you guys can see one year ago it was trading at close to forty dollars per share it's had its ups and downs and right now of course we did see a big decrease in the price and that's why it's in the high 20s right now in terms of its dividend right now the dividend yield is 3.1 percent this is a good amount higher than the sector average and this means that for every one share of Bank of America you're going to be paid 22 cents every quarter this is a payout ratio of 27.15 which is really really good really healthy here we can look at the dividend amount per share over the last you know dozen quarters and if we look at what analysts have to say they are reading BAC as a 2.4 meaning it's between a buy and a hold and the average price Target is about 37 which is about 30 higher than the current price so the next earnings date is going to be April 18th so this might be after you guys watch this video and they're expected to report earnings of 76 cents uh per share which is a year-over-year decline of five percent and yeah as you guys saw in March the price fell about 17 which was a pretty tough blow for the stock but yeah overall I do like Bank of America because you know it's actually void being really affected by the whole meltdown recently in my opinion it's been more sentiment that has caused this decline in price and so yeah that's why I do think there is quite some upside in the price of Bank of America this is a stock that I've held for a long long time like over a decade and in doing my research I've also not really seen any sign of liquidity concerns you know these these are concerns that really affect some of these smaller Regional Banks but not a behemoth like Bank of America this is on the heavyweight stock right the dividend payment is not the highest but it's pretty good for a banking stock and it's definitely a stock that I have been holding on for a long time as I said and will continue to hold on to for a long time overall I think it's pretty cheap right now but the big question is like do you actually want to buy Bank stocks I encourage you guys to do your own due diligence on whether or not you want to take the risk but I don't think there's that much risk at least for this stock and yeah I know it's not a sexy stock to hold but it's definitely a long-term pick for myself I do think that'd be profitability of banks like Bank of America can be hurt in the future just due to more strict rules and regulations these can all affect the liquidity requirements as well as the types of banking products that they have so yeah that's definitely something to consider with bank stocks like Bank of America all right the next stock we're talking about is PepsiCo stock ticker pep right now one share of Pepsi codes trading at 183.20 if we take a look at the one-year price price chart you guys can see it's been up and down just like most stocks about one year ago it was in the low 170s we did drop down uh all the way to the 150s then went back up and then down and then back up down and then back up to where it is right now the dividend yield for Pepsi is 2.51 which means that for every share of the stock that you hold you're gonna get a dollar and 15 cents per quarter this is a payout ratio of 67.69 which is a little bit high but if you guys look at the dividend growth you guys can see it's been really really good and then in terms of what analysts have to say they are running it a 2.5 meaning it's between a buy and a hold and the average analyst price Target is 191 dollars and 13 cents which is under five percent higher than the current price so as you guys might have seen Pepsi released a new logo recently this is the first new logo since 2008 and yeah this definitely brings a lot of Buzz to the company and I actually really like this new logo as you guys saw it's been performing quite well recently it's actually up about 9.3 over the past year making it the 18th consecutive quarter of positive Revenue now you might be wondering why I chose Pepsi instead of Coca-Cola that's also another stock that does pay a dividend for me I think they're both great companies but I just tend to sort of prefer Pepsi as a company and yeah they have a very Diversified portfolio of other brands within their business for example Quaker Oats Doritos 7Up Gatorade and Cheetos and while they did experience margin pressures in the past due to supply chain issues and increasing costs for labor and transportation the great news is that they showed in quarter three of last year that they actually have the ability to navigate through these tough times to still produce earnings growth they also recently just announced a 260 million dollar partnership with three major farmer facing organizations and this is basically going to support more than 3 million Acres of U.S Farmland this is really important because it's going to allow them to build an even more resilient food system and that is super essential to pepsico's whole business in terms of taste I don't know if I like Pepsi more than Coca-Cola I think they taste pretty much the same but yeah overall I think this is a great low risk dividend stock that pays about 2.5 percent every single year it's a company that you can sort of buy and forget about and just collect that consistent income and yeah that's why it's on this list of stocks all right next up is the Schwab us dividend Equity ETF stock ticker schd now you guys probably already know but this is not an individual company and if you guys have watched my content you know that I'm really big on index funds and ETFs where you can basically buy one thing and invest in tons and tons of different companies yeah this is an ETF that really focuses on higher driven companies and as you guys see when you guys buy this stock you're basically buying a basket of dividend paying stocks so right now one share of schd is trading at 73.23 if we take a look at the one-year price chart you guys can see it's down about 17.19 we're close to 80 one year ago it sort of dropped down and then went back up and then dropped back down forcing a pretty big rally at the end of 2022. since then it's sort of been level drop down and is now going back up now the dividend yield for schd is a pretty good 3.61 we also on the average PE ratio of 13.89 which is pretty good if we take a look at the Fun overview you guys can see this is a large value fund it's hosted by Schwab with net assets of over 46 billion dollars and the dividend yield of schd is a very good 3.61 for ETFs I think it's really important to look at what sectors are in this portfolio you guys can see we're really big in consumer cyclical uh Financial Services consumer defense Healthcare energy Industrials and technology and yeah these are some of the top 10 Holdings that account for about 41 of total assets yeah as you guys can see Pepsi is right here and so is Home Depot for every share of schd that you guys have you're gonna be paid about 60 cents every single quarter at least that's the current dividend amount hey guys this is definitely a Buy and Hold type of dividend ETF and its whole purpose is basically to track the Dow Jones dividend 100 index which mainly focuses on generating consistent and sustainable dividends overall I think this is one of the best dividend ETFs that's out on the market there are other ones like vym which are also really great and yeah another reason why investors really love this ETF is because its expense ratio is really low at 0.06 percent this isn't as low as some of the Vanguard ETFs out there but it's still really good for a dividend focused ETF you want something that's passively managed just like this ETF because it means that you're going to save a ton of money and fees over the course of your lifetime overall very safe stock that I would definitely recommend getting it's not very exciting at all but this is definitely one of those ETFs that you just buy consistently you dollar cost average into it you collect the consistent dividend payments and you spend your time focusing on generating more income and doing other things but besides investing in stocks and the next we have royalty income Corporation stock ticker oh this is a REITs also known as a real estate investment trust so yeah it's basically a company that owns income producing real estate assets right now one share of Realty Income Corporation string at 62.65 here's the price chart over the last year you guys can see we did have have some ups and downs we started off over 70 a share drop down a bit went back up to over 70 to close to 75 dollars saw a big drop at the end of 2022 and since then it's gone up down and then back up a little bit so one reason why I really love realty income is because it has a great dividend payment it's current dividend yield is 4.75 this means I forever share of royalty income you're getting 25 cents every single month now I know the payout ratio is above 100 and this just basically means that the dividends of this Reit are higher than the income projected for future operations this means that they're pulling from their cash reserve and this is okay in the short term but it's not the best for the long term of course here's the dividend amount per share over the last dozen quarters or so and then as far as what analysts have to say they are renting it a 2.4 meaning it's between a buy and a hold and the average Atlas price Target is about 70.50 which is a bit under 15 higher than the current price so yeah royalty income I think it's one of the better reads out there they carry have over 12 000 real estate properties in their portfolio with Muslim under long term lease agreements and they've also been operating for about 54 years recently they declared their 633rd consecutive monthly dividend which is really cool if you want some real estate exposure I think this is a great company to own and yeah despite the prices you know going up and down over the last few years it's been very consistent with its dividend payment which is really amazing I know a lot of people they're extremely scared about real estate right now just due to the high rates and the impending housing bubble but I really think that's pretty overplayed and even though interest rates are really high right now there's still great demand for Real Estate especially in producing real estate and yeah realty income they're definitely pros at that I know seeing that payout ratio can be a little bit scary but it's not too out of the ordinary for REITs now if you guys have not yet Diversified your stock portfolio to include companies that hold income producing real estate I think this is a pretty safe and great long-term hold just for that so if you guys are looking for some real estate exposure they a great company that pays out a very great monthly dividend then realty income could be a great choice anyways that's it for this video I really hope you guys got some value from it you guys have probably noticed different stocks have become more and more popular over the last couple of years just because they are a little bit more resistant uh to the ups and downs of the market and they also pay out consistent income which is something that a lot of people value right now yeah this is just my experience these are just my opinions I'm not a financial advisor so I really encourage you guys to do your own due diligence before investing in anything especially stocks now again I really encourage you guys to use the link down below to sign up for MooMoo when you guys use my link you'll get a ton of free stocks and that is really going to kick-start your portfolio so that's it for this video If you guys enjoyed it make sure to hit that like button and also subscribe for more content just like this I make ton of videos about personal finance investing in entrepreneurship thank you so much for your time and I'll see you in the next video peace [Music] thank you [Music]