High Dividend US Stocks 2020: Top Picks for Investors

In 2020, investors were faced with a tumultuous market due to the global pandemic. However, amidst the chaos, there were opportunities to be found in high dividend US stocks. These companies offered stability and income during uncertain times. In this article, we will explore some of the top high dividend US stocks from 2020 and provide insights into why they were considered valuable investments.

Understanding High Dividend Stocks

High dividend stocks are those that offer investors a higher-than-average dividend yield. This means that for every dollar invested, investors receive a higher dividend payment. These stocks are often considered safer bets as they provide a consistent income stream, regardless of market fluctuations.

Top High Dividend US Stocks in 2020

1. Johnson & Johnson (JNJ)

Johnson & Johnson, a leading healthcare company, has been a staple in the high dividend US stock market. In 2020, the company maintained its 2.8% dividend yield, offering investors a reliable income source. With its diverse portfolio of consumer healthcare products, pharmaceuticals, and medical devices, JNJ has proven to be a resilient company through various market conditions.

2. Procter & Gamble (PG)

Procter & Gamble, another giant in the consumer goods industry, has been a high dividend payer for years. In 2020, the company's dividend yield stood at 2.6%. P&G's strong brand presence and diverse product lines, including Tide, Crest, and Gillette, have helped the company maintain its status as a stable dividend-paying stock.

3. Coca-Cola (KO)

Coca-Cola, the iconic beverage giant, has long been known for its high dividend yield. In 2020, the company offered a 2.9% dividend yield, making it one of the top picks for income investors. With a global presence and a wide range of popular beverages, Coca-Cola has proven to be a stable investment during uncertain times.

4. Philip Morris International (PM)

Philip Morris International, a leading tobacco company, has been a high dividend payer for many years. In 2020, the company's dividend yield stood at 7.5%, making it one of the highest-yielding dividend stocks in the US. Despite the growing concerns about the health risks associated with tobacco, PM has continued to pay out generous dividends to its investors.

5. ExxonMobil (XOM)

ExxonMobil, the largest publicly traded oil and gas company, has been a high dividend payer for decades. In 2020, the company's dividend yield was around 5.5%. While the oil industry faced significant challenges due to the pandemic, ExxonMobil's strong financial position and diversified portfolio helped it maintain its dividend payments.

Why Invest in High Dividend US Stocks in 2020?

Investing in high dividend US stocks in 2020 provided investors with several benefits:

• Income Generation: High dividend stocks offer a steady income stream, which can be particularly valuable during uncertain market conditions.
• Stability: These stocks tend to be more stable than growth stocks, as they are often backed by strong, well-established companies.
• Dividend Growth: Many high dividend stocks have a history of increasing their dividends over time, providing investors with the potential for capital appreciation.

In conclusion, high dividend US stocks were a solid investment choice in 2020. As investors continue to navigate the volatile market, these stocks can offer stability and income during uncertain times. Be sure to conduct thorough research and consider your own investment goals before making any investment decisions.