Published on 15 Nov 2021 on Insider Monkey via Yahoo Finance
In this article, we will be taking a look at the 10 best blue chip dividend stocks. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Best Blue Chip Dividend Stocks.
Although no stock can ensure complete stability, blue chip stocks are among the few that can offer investors the closest best alternative. According to Forbes, these stocks have five main markers: longevity, reliability, market capitalization, name recognition, and perhaps most importantly, dividends. Because of their past performance demonstrating survival through recessions and market downturns, and smooth records of good earnings, blue chip stocks are generally considered reliable investments.
Track records of some blue chip stocks can cement the above points. For instance, Microsoft Corporation (NASDAQ:MSFT) had a 10-year trailing return of 29.48% this November, and the company also made dividend payments to its shareholders of $0.56 per share just this August. If you take Apple Inc. (NASDAQ:AAPL), we see a 10-year trailing return of 27% and dividend payments of $0.22 per share as of this November. Johnson & Johnson (NYSE:JNJ), has a 10-year trailing return of 13.61% as of this November and paid $1.06 per share in dividends up till this August.