Markets

Insider Trading

Hedge Funds

Retirement

Opinion

11 Best American Dividend Stocks to Buy Now

In this article, we discuss 11 best American dividend stocks to buy now. You can skip our detailed analysis of dividend stocks and their historical performance, and go directly to read 5 Best American Dividend Stocks to Buy Now

Due to the rising inflation and continuous interest rate hikes this year, dividend stocks are in great demand among investors. The companies that pay regular dividends provide an additional stream of income and add value to total shareholders’ returns. The returns of dividend stocks this year show their outperformance over other asset classes. According to a report by Wisdom Tree, high dividend stocks returned 2.61% as of August 2022, compared with a 16.14% drop in the S&P 500. The report further mentioned that dividends have grown by an average of 5.7% since 1957, over 2% above the rate of inflation.

In the second quarter of 2022, dividend payments in the US amounted to $144.4 billion, reaching their all-time quarterly high. Moreover, global dividends also rose by 19.1% on an underlying basis and reached $544.8 billion in Q2. Analysts believe that the trend will continue for the rest of the year as well. Richard Saldanha, lead manager on the Aviva Investors Global Equity Income strategy, talked about dividend stocks in one of his recent interviews with the firm. He said that dividend companies with strong cash flows and solid balance sheets are the best investment options in these times. He further asserted that even during the pandemic, many companies in the US maintained their dividends and some are even growing their payouts at double-digit rates, which will likely continue in the coming quarters as well.

Historically, dividend stocks have delivered solid returns to shareholders. According to a report by Forbes, from September 1921 to September 2021, the S&P 500 delivered an annual average return of 6.7%. However, with reinvested dividends, the percentage rose to 11%. Some of the best dividend stocks that are popular among investors include AbbVie Inc. (NYSE:ABBV), Exxon Mobil Corporation (NYSE:XOM), and Johnson & Johnson (NYSE:JNJ). In this article, we will further discuss American dividend stocks to buy now.

New York Stock Exchange
Image: flickr.com

Our Methodology:

For this article, we selected companies that are based in America and are traded on American exchanges. We considered these companies’ dividend histories, balance sheets, and financial strength. The stocks are ranked according to their dividend yields, as recorded on October 4.

Best American Dividend Stocks to Buy Now

11. West Pharmaceutical Services, Inc. (NYSE:WST)

Dividend Yield as of October 4: 0.28%

West Pharmaceutical Services, Inc. (NYSE:WST) is an American pharmaceutical company that specializes in the manufacturing of injectable pharmaceutical packaging and delivery systems. In the first six months of the year, the company reported an operating cash flow of over $324.3 million, up 39% from the same period last year. Its free cash flow for the period came in at $192.4 million, an increase of 58.4% from the prior-year period. In Q2 2022, the company reported revenue of $771.3 million, showing a 6.6% year-over-year growth.

West Pharmaceutical Services, Inc. (NYSE:WST) currently pays a quarterly dividend of $0.18 per share, with a dividend yield of 0.28%, as of October 4. The company maintains a 29-year streak of consistent dividend growth, falling into the category of Dividend Aristocrats. This makes the company one of the best dividend stocks on our list.

At the end of Q2 2022, 34 hedge funds tracked by Insider Monkey owned stakes in West Pharmaceutical Services, Inc. (NYSE:WST), compared with 35 a quarter earlier. These stakes hold a collective value of over $802.8 million. Durable Capital Partners was the company’s leading stakeholder in Q2.

In addition to AbbVie Inc. (NYSE:ABBV), Exxon Mobil Corporation (NYSE:XOM), and Johnson & Johnson (NYSE:JNJ), West Pharmaceutical Services, Inc. (NYSE:WST) can be a good addition to dividend portfolios due to its dividend growth streak.

Baron Funds mentioned West Pharmaceutical Services, Inc. (NYSE:WST) in its Q2 2022 investor letter. Here is what the firm has to say:

“West Pharmaceutical Services, Inc. (NYSE:WST), a leader in integrated containment and delivery systems for injectable drugs, reported 3.5% growth from price increases during its first quarter, or almost three times greater than the 1.2% growth realized in the prior year.”

10. Albemarle Corporation (NYSE:ALB)

Dividend Yield as of October 4: 0.58%

Albemarle Corporation (NYSE:ALB) is a North Carolina-based chemical manufacturing company and has a leading position as a lithium and bromine refining catalyst. The company has been raising its dividends consistently for the past 28 years and has a five-year dividend CAGR of 4.48%. It currently pays a quarterly dividend of $0.395 per share, with a dividend yield of 0.58%, as of October 4.

In the second quarter of 2022, Albemarle Corporation (NYSE:ALB) reported revenue of nearly $1.5 billion, showing a 91.2% growth from the same period last year. At the end of June, the company reported $60.3 million in cash from operations and had approximately $930.6 million available in cash and cash equivalents. For FY22, it expects to generate operating cash flow between $1.4 billion to $1.7 billion.

In October, BofA raised its price target on Albemarle Corporation (NYSE:ALB) to $332 with a Neutral rating on the shares, as the firm used discounted cash flow analysis for its lithium coverage.

As of the close of Q2 2022, 39 hedge funds tracked by Insider Monkey owned stakes in Albemarle Corporation (NYSE:ALB), compared with 44 in the previous quarter. These stakes hold a combined value of over $600.6 million.

9. Roper Technologies, Inc. (NYSE:ROP)

Dividend Yield as of October 4: 0.66%

Roper Technologies, Inc. (NYSE:ROP) is an American diversified industrial company that manufactures engineered products. The company provides a wide range of products and services to its customers in over 100 countries. In August, Bernstein assumed its coverage on the stock with a Market Perform rating and a $490 price target. The firm appreciated the company’s industrial businesses.

At the end of June, Roper Technologies, Inc. (NYSE:ROP) reported over $2.8 billion in cash and cash equivalents, up from $351 million six months ago. The company’s total assets amounted to nearly $5 billion, compared with $2.4 billion at the end of December 2021. Its revenue for Q2 2022 showed a 10.1% year-over-year growth at $1.31 billion.

On September 16, Roper Technologies, Inc. (NYSE:ROP) declared a quarterly dividend of $0.62 per share, in line with its previous dividend. The company has been raising its dividends consistently for the past 31 years, coming through as one of the best dividend stocks in the US. In the past five years, it has raised its payouts at a CAGR of 12.41%. As of October 4, the stock’s dividend yield came in at 0.66%.

The number of hedge funds tracked by Insider Monkey owning stakes in Roper Technologies, Inc. (NYSE:ROP) grew to 48 in Q2 2022, from 38 a quarter earlier. The total value of these stakes is over $1.7 billion. With over 1.6 million shares, Akre Capital Management was the company’s leading stakeholder in Q2.

Weitz Investment Management mentioned Roper Technologies, Inc. (NYSE:ROP) in its Q2 2022 investor letter. Here is what the firm has to say:

“Consistent with that approach, portfolio activity among our long holdings tilted toward purchases. We added to almost half our holdings by varying degrees, and we were pleased to initiate new positions in Roper Technologies (NYSE:ROP) at attractive prices. Originally an industrial equipment manufacturer, Roper has successfully evolved into a provider of software and technology services. (Investors can find an in-depth discussion of our Roper Technologies investment thesis in colleague Barton Hooper’s November 2021 “Analyst Corner” feature.) The business generate significant free cash flow, possess strong competitive positions, and have excellent management teams with demonstrated acquisition records.”

8. Waste Connections, Inc. (NYSE:WCN)

Dividend Yield as of October 4: 0.67%

Waste Connections, Inc. (NYSE:WCN) is a Texas-based waste management company that provides recycling, disposal, transfer services, primarily of solid waste. The company was a part of 34 hedge fund portfolios in Q2 2022, compared with 35 in the previous quarter, as per Insider Monkey’s data. These stakes hold a collective value of over $1.07 billion.

In the second quarter of 2022, Waste Connections, Inc. (NYSE:WCN) reported strong results which surpassed Street estimates. The company posted an EPS of $1.00 and revenue of $1.82 billion, which beat analysts’ consensus by $0.05 and $20 million, respectively. Its operating cash flow stood at $532.7 million, up from $440.8 million in the previous quarter. The company’s free cash flow also jumped to $313.6 million, from $288.5 million in the preceding quarter.

Waste Connections, Inc. (NYSE:WCN) currently pays $0.23 per share in quarterly dividend. The company holds a 12-year track record of consistent dividend growth. As of October 4, the company’s shares has a yield of 0.67%.

In August, Deutsche Bank raised its price target on Waste Connections, Inc. (NYSE:WCN) to $154 with a Buy rating on the shares, as the company showed robust pricing and also raised its full year outlook.

7. Griffon Corporation (NYSE:GFF)

Dividend Yield as of October 4: 1.18%

Griffon Corporation (NYSE:GFF) is a New York-based multinational management and holding company that conducts business through its wholly-owned subsidiaries. In fiscal Q3 2022, the company reported an operating cash flow of $124.6 million, up from $71.4 million during the same period last year. Its free cash flow for the quarter amounted to $113 million, compared with $68.3 million in the prior-year quarter. The company’s revenue of $768 million showed a 31.5% year-over-year growth.

Griffon Corporation (NYSE:GFF) is one of the best dividend stocks on our list as the company has been raising its dividends consistently for the past nine years. It currently pays a quarterly dividend of $0.09 per share and has a dividend yield of 1.18%, as of October 4.

In September, Griffon Corporation (NYSE:GFF) was added to ‘Analyst Current Favorites’ list at Raymond James. The firm holds a Strong Buy rating on the stock.

GAMCO Investors owned over 3.4 million shares in Griffon Corporation (NYSE:GFF), becoming the company’s largest stakeholder in Q2 2022. Overall, 21 hedge funds in Insider Monkey’s database owned stakes in the company in Q2, up from 12 in the previous quarter. These stakes have a total value of over $218.7 million.

6. Church & Dwight Co., Inc. (NYSE:CHD)

Dividend Yield as of October 4: 1.44%

Church & Dwight Co., Inc. (NYSE:CHD) is a New Jersey-based manufacturing company that mainly specializes in household products. In September, Wells Fargo maintained an Overweight rating on the stock with a $90 price target as the company announced the acquisition of Hero Cosmetics. The firm also mentioned the growing demand for the company’s products.

Church & Dwight Co., Inc. (NYSE:CHD) has paid uninterrupted dividends to shareholders for 485 quarters. The company has raised its payouts consecutively for 26 years. Since 1976, the stock has raised its dividends at an annual average of 12.4%. Church & Dwight Co., Inc. (NYSE:CHD) currently offers a quarterly dividend of $0.2625 per share, with a yield of 1.44, as of October 4.

At the end of Q2 2022, 32 hedge funds tracked by Insider Monkey owned stakes in Church & Dwight Co., Inc. (NYSE:CHD), down from 33 in the previous quarter. These stakes have a collective value of over $1.33 billion. Terry Smith, Ray Dalio, and Jim Simons were some of the company’s major stakeholders in Q2.

In addition to popular companies like AbbVie Inc. (NYSE:ABBV), Exxon Mobil Corporation (NYSE:XOM), and Johnson & Johnson (NYSE:JNJ), Church & Dwight Co., Inc. (NYSE:CHD) is also one of the best dividend stocks to buy now.

Click to continue reading and see 5 Best American Dividend Stocks to Buy Now

Suggested articles:

Disclosure. None. 11 Best American Dividend Stocks to Buy Now is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…