13 Best High Dividend Stocks to Buy Under $100

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5. Nutrien Ltd. (NYSE:NTR)

Share Price as of the Close of September 17: $77.5

Nutrien Ltd. (NYSE:NTR) is one of the most recognized players in Canadian agriculture, providing vital crop inputs to farmers worldwide. Its large presence in both fertilizer production and agricultural retail makes it a popular choice among investors.

One of Nutrien Ltd. (NYSE:NTR)’s biggest strengths lies in its vertical integration. By overseeing both production and distribution, the company is able to capture more value across the supply chain, boost margins, and keep costs under control. This setup also helps it adapt more efficiently to market shifts, whether from changes in crop prices or fluctuations in input costs.

Another factor that makes Nutrien Ltd. (NYSE:NTR) appealing is its resilience during downturns. Agriculture is a fundamental industry, and farmers rely on fertilizers to maintain crop yields regardless of economic conditions. With global food demand continuing to rise, the company is positioned as a steady, long-term investment.

Nutrien Ltd. (NYSE:NTR) is also a solid dividend payer, having increased its payouts for seven years in a row. The company offers a quarterly dividend of $0.545 per share and has a dividend yield of 3.86%, as of September 18.

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