A great way to boost your income is through dividend paying stocks. I did a little research and found five stocks that are not only great companies but also pay great dividends.
New York Community Bancorp (NYBC)
- Dividend Amount: $0.25
- Dividend Yield: 6.35%
- Earnings Per Share: $1.08
New York Community Bancorp is the largest bank holding company in the state of York and the fourth largest in the United States. The company has over $47 billion in assets and in New York City they’re the leading producer of multi-family loans.
- Dividend Amount: $0.31
- Dividend Yield: 2.63%
- Earnings Per Share: $2.55
Microsoft is a well-known and well-established tech company that develops and produces computer software, computer hardware, and consumer electronics. Besides being a solid company Microsoft’s dividend today is four times higher than it was in 2005.
- Dividend Amount: $0.48
- Dividend Yield: 2.17%
- Earnings Per Share: $4.80
Walmart is a large discount department store that won the loyalty of its customers with everyday low prices. Walmart is a solid company to buy and hold for the long-term and also pays a great dividend.
- Dividend Amount: $0.28
- Dividend Yield: 1.17%
- Earnings Per Share: $3.36
Nike is the leader in sports apparel in which they manufacture and sell high performance athletic clothing and shoes. Since 2005 their dividend payout has increased by over 330%.
Author: Tyler DeBroux
Tyler started Oddball Wealth towards the end of 2014 after graduating college, as a way to stay relevant in his area of study, stimulate his mind, and to educate and help others.
Tyler has worked in the financial services industry, as a financial advisor, helping his clients make wise financial decisions and personalized long-term financial plans. Since graduating college in December of 2014, Tyler has paid off more than $15,000 in student loan debt and counting, his goal is to have all his student loans paid in full by the in of 2016.
Tyler is an entrepreneur and an expert in personal finance. Two of his many hobbies include investing and building online businesses. He is also a big advocate of early retirement and an aggressive saver, who utilizes any financial resources and tools available to him to help reach his goals for achieving financial independents.