Stock dividends are a way for companies to share their profits with shareholders by paying them a portion of earnings. There are several companies known for offering high dividend yields, making them attractive to investors seeking steady income. So which shares have high dividends in 2024?
List of shares with high dividends in 2024
The information below is derived from sources like Investing.com and represents comprehensive research. However, you are advised to perform their own research and should not consider this as investment advice.
1. Volvo B (VOLV.SE)Dividend yield: 2.85%
Volvo B is currently offering a dividend yield of 2.85% in 2024. The company, with a current market cap of 545.58 billion SEK, is well-known for manufacturing trucks, buses, construction equipment, and marine and industrial engines. Founded in 1927, Volvo has a long history of innovation and quality in the automotive and machinery sectors. Over the years, it has built a reputation for safety, reliability, and cutting-edge technology. The company operates globally, serving markets across Europe, North America, and Asia.
2. Nordea Bank (NDA.SE)
Dividend yield: 8.57%
Nordea Bank is currently offering a dividend yield of 8.57% in 2024. The company, with a current market cap of 434.23 billion SEK, is one of the largest financial services groups in the Nordic region. Founded in 2000 through the merger of several banks, Nordea provides a wide range of banking services, including personal banking, corporate banking, and wealth management. It operates primarily in Sweden, Finland, Denmark, and Norway, serving millions of customers.
3. Astrazeneca Plc (AZN.SE)
Dividend yield: 1.87%
AstraZeneca Plc is currently offering a dividend yield of 1.87% in 2024. The company, with a current market cap of 2.54 trillion SEK, is a global, science-led biopharmaceutical company. AstraZeneca focuses on the discovery, development, and commercialization of prescription medicines in areas such as oncology, cardiovascular, renal, and metabolism, as well as respiratory and immunology. Founded in 1999 through the merger of Astra AB of Sweden and Zeneca Group PLC of the UK, the company has a rich history of scientific innovation and a robust pipeline of new medicines.
4. Svenska Handelsbanken (SHB-A.SE)
Dividend yield: 6.5%
Svenska Handelsbanken is currently offering a dividend yield of 6.5% in 2024. The company, with a current market cap of 203.55 billion SEK, is one of Sweden's leading banks. Established in 1871, Handelsbanken provides a wide range of financial services, including personal banking, corporate banking, asset management, and insurance.
What are dividend stocks?
Dividend stocks are shares of companies that pay out a portion of their profits to shareholders regularly. This payment is called a dividend and is usually made every three months. Investors like dividend stocks because they provide a steady income, in addition to any gains from selling the shares at a higher price. Companies that offer dividends are often well-established and financially stable. They pay dividends to attract investors and share their success. For example, If you own 100 shares of Svenska Handelsbanken with a 6.5% dividend yield, you receive dividends based on that percentage of your investment.
What to consider when it comes to stocks with high dividends?
When choosing stocks with high dividends, there are a few important things to look at. First, check the dividend yield, which shows how much you earn in dividends compared to the stock price. A high yield is attractive, but be cautious of very high yields, as they might signal a struggling company. Next, review the dividend history to see if the company regularly pays dividends and if they’ve been increasing over time. Also, examine the company's financial health, including its earnings and debt levels, to ensure it can continue paying dividends. Finally, consider the stock’s price trends to see if it matches with your personal investment objectives.
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