Practice management news, reports, video and more. Browse our guide to explore. Which means, the investment likely carries more risk. You take care of your investments. Therefore, the sector generally performs best when interest rates are low. You should consider multiple companies from many different sectors in order to diversify your investments. Further, it’s unlikely that the tobacco industry will ever go away. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. Specifically, the guide lets you navigate popular dividend investment themes and separately pick the best... Commercial & Residential Building Equipment & Systems, American Funds American High-Income Trust®. As if we didn’t need more bad news this year, we’re facing a record hurricane season, along with strange phenomenon. With the intrusion of a foreign virus has come an expected response: fear. Once you enter a symbol, a summary displays showing all sectors and the SIC Code in which the symbol is found. At one time these three sectors had plenty of awesome dividend paying companies. But with smoking rates on the decline, isn’t MO stock a risky bet? With the Winchester brand of ammunition under its belt, Olin is very relevant in a cynical way. However, it’s more fleshed out than lithium, providing extra confidence toward NEM stock. View more For investors seeking monthly paying stocks, Vanguard Natural Resources Liquid error: internal and Linn Energy Liquid error: internal are both high yield monthly dividend payers in the basic materials sector, although they tend to be much more volatile than the larger, lower-yielding stocks in the sector. There are still some top notch companies that weathered the storm. Here is a list of over 30 stocks with strong fundamentals that are under $10. Reproduction of such information in any form is prohibited. Another thing we consider when purchasing a dividend stock is what sector it comes from. Source: Jonathan Weiss / Shutterstock.com, Source: Kristi Blokhin / Shutterstock.com, The Best Dividend Stocks to Buy in 9 Sectors, deadlocked on another round of coronavirus relief, first-time users to buy and smoke cannabis, 6 Big-Cap Energy Stocks to Avoid Heading Into 2021, Louis Navellier and the InvestorPlace Research Staff, Earnings Show Why Nvidia Stock Remains a Must-Own, Matt McCall and the InvestorPlace Research Staff, Stock Market Live Updates Wednesday: Chinese EV Stocks Tumble, XRP Price Predictions: How Experts See Ripple Moving From New Highs Through 2025, Nio Stock Is Starting To Lose Power After An Electrified Rally, CIIC Stock: Why Shares Are Surging Ahead of the Arrival SPAC Merger, 7 Growth Stocks to Buy as We Head Into 2021. List is updated daily. Full Disclosure – At the time of this writing, we owned shares in the following stocks noted in this post – AAPL, ADM, AFL, BBY, CAT, CINF, CLX, CSCO, DPS, ED, EMR, GPC, INTC, JNJ, K, KO, KHC, LMT, LOW, MCD, MSFT, NSC, O, OHI, PG, SYY, TGT, UL, VFC, VZ, WMT, and XOM. We’ll also cover the key metrics to consider before buying in more detail below. At the same time, lithium can be a volatile market. This can be a leading indicator that the company’s growth will stall, as they aren’t reinvesting their operating income. All rights reserved. Note – We currently do not own any stocks in the Materials sector. As your portfolio grows, you should have more than one dividend stock per sector to limit your exposure. The key to building a portfolio of dividend stocks … is to screen for certain characteristics. While not as many nowadays … there are still some great opportunities (i.e. Please help us personalize your experience.