Top 5 Dividend Stocks To Buy in 2021

4. AbbVie Inc. (ABBV)

Dividend Yield: 4.67%

While making huge strides in the healthcare industry, this stock is one to watch. They invest in pharmaceutical treatments and make cutting-edge medical discoveries. As their research continues to expand and break barriers, you can expect high dividends. AbbVie has also shown a pattern of paying high dividends as the company makes increases.

AbbVie reported earnings of $36 million, or 1 cent per share for the three months ended Dec. 31, as compared to $2.80 billion, or $1.88 per share in the comparable period of 2019. On an adjusted basis, profit rose to $2.92 per share, beating the consensus forecast of $2.85 per share.

Revenue climbed 59.2 percent on a year-over-year basis to $13.86 billion, surpassing the analysts’ average estimate of $13.70 billion. Quarterly revenue for Humira jumped 4.8 percent to $5.2 billion, above the consensus forecast of $5.11 billion. Humira has been the top-performing drug for AbbVie, significantly contributing to the growth of the company over the years.

CEO Richard Gonzalez said in a statement, “We successfully completed the transformative Allergan acquisition and delivered another year of strong results in 2020, despite the challenges presented by the global pandemic. Based on our broad portfolio of diversified growth assets and the robust momentum of our business, we expect impressive growth again in 2021.”