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%.