Today we’re going to take a look at 5 high paying dividend stocks.

Stock #1: AT&T

The first stock we’re going to be going over is a company many of you have probably already heard of, AT&T. Most of you know this company as the cell phone network provider, but it’s actually a very large company with many subsidiaries across multiple fields. Being one of the bigger companies on this list, it’s one of the more reliably consistent stocks, with a particularly high dividend yield. So let’s look dive into this stock and check out how it’s doing and how much you can expect to make.

As of this current video you can expect AT&T’s stock to average at about $27-$28 per share, while its market cap is about 205 billion dollars.

In the past 6 months, AT&T’s stock has bounced between $26 and $30 dollars with an overall decrease of about 3.5% in value. Over the course of the past year, we’re looking at a fairly similar spread outside of a reasonably large dip at the beginning of last year with the hit of covid. The overall stock has gone down by about 24% in value.

Now at first glance, this may seem reasonably bad as the stock has decreased in value quite significantly over the past year, but I wanted to include AT&T to show the power of dividend yields when calculating the profitability of any specific stock, particularly when the stock’s value itself hasn’t necessarily gone up.

AT&T boasts a dividend yield of around 7.22% which is quite large for how big the company is. If we take a look at the past dividends sent out to shareholders, we can see just how much this equivalates to per share.

Looking through the history of AT&T’s dividend payments their average payout was 52 cents per share, every quarter, over the past year. Summing this up equivalates to an annual dividend of about $2. 

Taking this into account when looking at the previous profitability of AT&T stock makes up for quite a bit of the value it has lost over the past 6 months, even if you had only held the stock for a minimum of 1 year. And this is also not taking into account the compounding investment opportunity that comes with quarterly dividend yields, which can account for a somewhat significant advantage over other stocks.

Overall AT&T is a great stock to keep an eye on if you’re looking for a reliable quarterly dividend yield from a larger company.

Stock #2: OneOk

Alright, moving on to stock number 2, OneOk. Unlike the previous stock, you may not have heard of OneOk before, but it’s a surprisingly great dividend-yielding stock. OneOk is a natural gas infrastructure company, whose focus is of course a more reliable energy source over fossil fuels.

At the time of this video’s recording OneOk’s stock averages at about $40-$44 per share, while its market cap is about 20 billion dollars.

In the past 6 months, OneOK has gone from around $28 per share to around $44 per share boasting a 55% increase in value. Over the course of the year, we’re looking at a heavy drop at the start, when covid hit, going from around $77 to around $20 per share with an overall loss of value of around 44% for the year.

OneOk has a dividend yield of 8.29%, very high dividend yields for an energy company. Looking into the dividend yield payments over the past year we can see that the average was at around 93 cents per share every quarter. Adding those up leads to around $3.80 per share over the course of a year in dividends. 

One major point to take a look at here is that even though the stocks price took quite a tumble at the beginning of the year, the dividends stayed the same and we’re consistently paid out, which is a good sign for the future and health of the company, as its shares climb to return to their previous value.

Stock #3: IBM

Moving on to stock number 3, another widely known company, IBM. IBM, or International Business Machines is a large innovative tech company. The company was founded in 1911 and has a long history in the tech industry, creating and selling computer hardware and software.

At the time of this video’s recording IBM’s stock averages at about $120 to $129 per share, while its market cap is about 107 billion dollars.

In the past 6 months, IBM has gone from around $124 to $120 per share averaging a value loss of about 2.9%. Looking at the past year, the stock has gone from $150 to $120 per share. As with the other stocks, IBM took a significant hit during the start of covid losing a substantial amount of value, leading to around a 20% overall loss of value over the year.

IBM’s dividend yield is around 5.4%. Looking into the dividend yield payments over the past year we can see that the average was at about $1.62 per quarter. This sums up to be around $6.50 per year for each share owned of IBM stock.

Overall IBM is a pretty standard high dividend yield technology stock. Nothing too spectacularly different, but also fairly consistent in its innovations over the years, leaving it a steady place as a fixture in the tech community.

Stock #4: Iron Mountain

Coming in at number 4 we have, Iron Mountain. Iron Mountain is a company based around record-keeping whether that be data storage, backup, destruction, or recovery, they supply over 200,000 customers throughout the world.

Taking a look at the price of this stock, as of the time of recording this video, averages at about $33 per share, with a market cap of about 9.5 billion dollars.

In the past 6 months, Iron Mountain has gone from around $30 to $33 per share averaging a value gain of around 9.3%. Over the course of the year, the stock has gone from $34 to $33 averaging a loss of about 2.6%. Iron Mountain did take a hit when covid arrived early last year but has since bounced back to almost the same price as it was the previous year, climbing up to an almost positive percentile gain.

Iron Mountain has a staggeringly high dividend yield at around 7.5% coming down from the 8.2% dividend yield they had previously. Looking through the payment history of the stock, we can see they averaged quarterly payments of around 61 cents per share. This adds up to an annual dividend yield of around $2.40 per share.

Overall, Iron Mountain is a pretty unique company with a high dividend yield, though it doesn’t boast the high numbers or stability of AT&T or IBM, it does give pretty high returns as dividend yields per share, making it to the #4 spot on this list.

Stock #5: Safety Insurance


The last stock on our list, number 5, is Safety Insurance. Safety Insurance, as the name suggests is an insurance company focusing on auto, home, and business.

Looking at the price of this stock, as of the time of this recording, averages at about $77 to $79 per share, with a market cap of about 1.1 billion dollars.

In the past 6 months, Safety Insurance stock has gone from $76 per share to $77 with an average value gain of 0.5%. Over the course of the past year, the stock has gone from $92 per share to $77 per share, averaging a loss of around 17%. As with most stocks, Safety Insurance did take a hit early on last year due to covid and has since started to return to normal. We do see a bit of volatility with this stock as its price has tended to bounce up and down over the year, and has yet to rise up to the level that it was beforehand.

Safety Insurance boasts a dividend yield of 4.6%. Taking a look at the numbers for their returns over the past year they averaged 90 cents each quarter, per-share; This adds up to an annual dividend of $3.60.

Overall, Safety Insurance has a high yield percentage but comes at the cost of some volatility, while it’s not as stable as some of its counterparts, it’s definitely a stock to keep your eye on, or potentially add to your portfolio.

Conclusion

Taking a look at all of these stocks, we have a great mix of companies with high yielding dividends. 

Dividend stocks are one of my personal favorites when it comes to investments. I’ve always viewed them, as an almost “double” source of income, coming from both the value of the stock rising as well as the dividend yields paid out. 

Keep in mind though that dividend stocks have their pros and cons. On one side of the coin, you have extra stock price volatility due to the companies paying out part of their quarterly revenue to their shareholders. This can cause the stock to dip lower during disasters like covid, and take longer to bounce back to their original price value after a dip.

But on the other side, having quarterly dividend yields can make up a significant portion of your return on investment, while also allowing faster compound investments.

Either way, I would definitely keep your eyes on these stocks if you’re interested in high dividend yields.

Hopefully, you found this information helpful, and if so please remember to give this video a thumbs up it really helps out the channel. I hope you all have a great day, happy investing, and Ill see in the next video.