Published on 6 May 2024 on Insider Monkey via Yahoo Finance

10 Best May Dividend Stocks To Buy

In this article, we discuss 10 best May dividend stocks to buy. You can skip our detailed analysis of dividend stocks and their past performance, and go directly to read 5 Best May Dividend Stocks To Buy. 

We are nearly halfway through 2024 and the market is showing stable performance. Though the S&P 500 fell by nearly 4% in April, the index surged by 8.12% this year so far and also recorded its biggest first-quarter gain since 2019. Analysts are also holding a positive stance about the market’s condition this year as they predict that earnings growth for the S&P 500 will pick up speed, reaching 9.7% in the second quarter, as reported by Forbes. They also expect that companies in the index will deliver an impressive 10.8% growth in earnings for the rest of 2024. In addition to this, dividend stocks are also showing a modest performance this year, with the S&P 500 Dividend Aristocrats Index gaining 2.07% year-to-date.