In this article, we will take a look at some of the best boring stocks that pay dividends.
Investing in high-quality dividend growth stocks may not seem very exciting. However, for investors focused on dividend growth, purchasing these steady, “boring” stocks can be highly rewarding.
Certain sectors, including consumer staples, utilities, and health care, are home to many reliable dividend payers. These industries have shown that a slow-and-steady approach can pay off over the long term.
It is common for high-quality dividend stocks in these defensive sectors to raise their payouts year after year for decades.
Dividends have historically been a major driver of investor returns. Since 1960, 85% of the cumulative total return of the S&P 500 Index has come from reinvested dividends and the power of compounding, according to a Hartford Funds report. The report also noted that from 1940 to 2024, dividend income contributed an average of 34% to the total return of the S&P 500 Index. Given this, we will take a look at some of the most boring stocks that pay dividends.
Our Methodology:
For this list, we focused on companies that may not make headlines or see rapid stock price growth but consistently deliver steady dividends and reliable long-term performance. These firms operate in stable, defensive sectors and investors value them more for their income and resilience than for high-risk, high-reward growth. All the stocks included have a beta below 1, indicating lower volatility, and their dividend yields exceed 1%. The stocks are ranked according to their dividend yields as of November 26.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
15. Chubb Limited (NYSE:CB)
Dividend Yield as of November 26: 1.30%
Chubb Limited (NYSE:CB) is one of the best boring stocks that pays dividends.
On November 17, Morgan Stanley lifted its price target on Chubb Limited (NYSE:CB) to $300 from $295 while reiterating an Equal Weight rating, as reported by The Fly. The update followed a refresh of the firm’s insurance models after third-quarter earnings. The analyst suggested that the property and casualty market appears to be moving towards a softer cycle as 2026 approaches.
Chubb Limited (NYSE:CB)’s insurance operations remained largely shielded from broader economic weakness. Most policyholders are unlikely to drop essential coverage simply to cut costs, and the company’s property and casualty combined ratio continued to stand out. By the end of 2024, the ratio was 86.6%, well below the United States industry average of 96.6%.
On November 20, Chubb Limited (NYSE:CB) announced a quarterly dividend of $0.97 per share, keeping it consistent with the prior payout. The company has increased its dividend for 32 straight years. During the third quarter of 2025, the company returned $1.62 billion to shareholders, including $1.23 billion in share repurchases at an average price of $277.67 per share, along with $385 million in dividends.
Chubb Limited (NYSE:CB) operates as a global insurer offering an extensive lineup of commercial and personal property and casualty coverage, as well as accident, health, and life insurance.
14. Aflac Incorporated (NYSE:AFL)
Dividend Yield as of November 26: 2.19%
Aflac Incorporated (NYSE:AFL) is among the boring stocks that pay dividends.
Morgan Stanley lifted its price target on Aflac Incorporated (NYSE:AFL) to $118 from $113 on November 17 while maintaining an Equal Weight stance on the stock, according to a report by The Fly.
Aflac Incorporated (NYSE:AFL)’s long-standing dividend record continues to reflect the strength of its underwriting discipline. On November 11, the company announced a 5% increase in its quarterly payout to $0.61 per share, marking its 43rd straight year of raising dividends. The insurer generates enough earnings to support dividend hikes while still allocating substantial capital to buybacks, reducing its share count by roughly 38% over the past ten years.
Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos made the following comment on the dividend announcement:
“I am pleased with the Board’s action to increase the first quarter 2026 dividend. We treasure our record of 43 consecutive years of dividend increases, and our dividend track record is supported by the strength of our capital and cash flows. As an insurance company, our primary responsibility is to fulfill the promises we make to our policyholders. At the same time, we are listening to our shareholders and understand the importance of prudent liquidity and capital management. We remain committed to maintaining strong capital ratios on behalf of our policyholders and balance this financial strength with tactical capital deployment.”
Analysts believe that Aflac Incorporated (NYSE:AFL) still has room to keep that momentum going. The company’s dividend payout ratio remains relatively low at just under 33% of projected 2025 earnings, and Wall Street expects the firm to grow earnings at about a 5% annual pace in the coming years.
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