Katie Kao
New York Based Energy Company Consolidated Edison is a Dividend Stock to Watch
One of the best dividend aristocrat stocks to buy during the COVID-19 recovery is New York-based Consolidated Edison Inc. (NYSE:ED). The utility has posted dividend payouts for 45 straight years and ranks among the elite Dividend Aristocrats. The stock’s high market capitalization of $25 billion and performance is worth highlighting and its role as a […]
Main Street Capital May Be a Worthy Dividend-Paying Addition to an Income Portfolio
One of the best dividend stocks to buy amid the COVID-19 recovery is Houston’s Main Street Capital Corporation (NYSE:MAIN). Main Street Capital invests mainly in lower-middle market and middle-market companies, with a highly diversified portfolio to manage investment risks. Its portfolio consists of 49% in the lower middle market, 26% in private loans and 18% […]
Global Bank Wells Fargo Plans Dividend Cut in Response to Fed Stress Test
After five consecutive years of boosted dividend payouts, San Francisco-based Wells Fargo (NYSE:WFC) plans to cut its dividend in the third quarter of 2020 in response to the Federal Reserve’s Dodd-Frank Act stress test that rates banks’ capital distributions. Wells Fargo needs to add an additional 2.5% in stress capital buffer, or excess capital that […]
The Best Dividend Aristocrat Stocks to Buy Include Archer Daniels Midland
The best dividend aristocrat stocks to buy amid the COVID-19 recovery include Chicago’s Archer Daniels Midland (NYSE: ADM). The seven stocks to buy offer strong dividend yields for investors and each has boosted its dividends annually for at least the past 25 years. To qualify as a dividend aristocrat, a stock also must be listed […]