3 Top Dividend Stocks for March 2022 – Check Out the List!
Dividend stocks are a fantastic investment option to gain profits after a specific interval. These are most popular because they make a regular income source for the investors. Dividends are basically the amount that businesses share with shareholders, especially long-term investors, from their profits.
But, choosing the stock that will give higher dividends in the long-run, can be challenging. The stock market is volatile, and not many companies have a history of regular dividends.
Continue reading this article to know the top dividend stocks for March 2022.
Top Dividend Stocks for March 2022 – Invest in These to Make More Profit!
Investors that look for regular cash payouts know when and where to invest to earn maximum profit. These stocks are the first choice for beginners, and professionals, who will stay in the market for a long time.
Moreover, the experts opt for these stocks to protect their funds from financial risks. Such stocks never trouble your investment portfolio, even if there is solid market instability.
With that said, let’s prepare the list of top dividend stocks for March 2022, which can give you considerable profits if invested for a longer period.
Here we go!
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Cummins Inc. (CMI – NYSE)
Cummins is one of the largest industrial companies around the globe with a history of strong dividends. The company is well-known for manufacturing engines and power generation products.
People have included this stock in their investment portfolio for so long because of the high dividend yield.
While their business model, which is making traditional diesel engines, might experience some impact as the world is transforming to natural-gas powered and electric engines.
Cummins is still a wonderful dividend stock choice to choose in March 2022.
The current market price for Cummins Inc. (CMI) is around $200 with an annual dividend yield of close to 3%.
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Unilever PLC (UL – NYSE)
Unilever is one of the favorite stocks for investors of all ages. Because the company is deeply into household products, the stock is quite famous around the world. The list of brands associated with Unilever is more than 400, which is why shareholders include this stock in their portfolio.
The current market price of this stock is around $50, with a dividend yield of more than 4%.
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Abbott Laboratories (ABT – NYSE)
Top medical devices and healthcare company with a worldwide presence, Abbott Laboratories is the best stock to go for. It is also one of the largest pharma companies around the globe, which makes it an outstanding dividend stock.
The current market price for this stock is around $120, with a dividend yield of about 1.50%. Even if the share trades below the 52-week high/low, there is nothing to worry about, as the share will plunge upwards in no time.
Wrapping Up
There you have it! These are the top dividend stocks to include in your investment portfolio. Check out these stocks on the internet, research well, and connect with a professional before investing. These are just the suggestions, so it’s better to contact an expert before investing in reducing the chances of any related risks.