3 Best Dividend Stocks to Buy Now
One of the highest honors among dividend stocks is to be a dividend Aristocrat®, which requires 25 consecutive years or more in annual increases. The title dividend Aristocrat is such a big deal that the term is a registered trademark of Standard Poor's Financial Services LLC.
This highly elite list of companies is a great starting point for dividend investors, with these three stocks looking like some of the best buys you can make right now.
Medical device maker (NYSE: MDT) has increased its dividend annually for 48 consecutive years. The yield today is around 3.1%, well above the skinny 1.2% yield on offer from the S 500 index and notably higher than the average healthcare stock's 1.8%. Medtronic's dividend yield is also historically high, suggesting the stock is cheap today.
Source Fool.com
Medtronic plc Stock
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 89 € there is a slightly positive potential of 4.61% for Medtronic plc compared to the current price of 85.08 €.
