The 3 Highest-Yielding Dividend Kings in April

Dividend Kings person accrued their dividends annually for astatine slightest 50 consecutive years. That is not an casual feat, and lone companies with a beardown concern exemplary that performs good successful some bully and atrocious markets tin execute Dividend King status. Which is wherefore income investors are truthful fond of Dividend Kings.

If you are besides fond of precocious yields, you whitethorn privation to look astatine Altria (NYSE: MO), Universal Corporation (NYSE: UVV), and Kimberly Clark (NASDAQ: KMB) today, since they are the 3 highest-yielding Dividend Kings. Here's a speedy look astatine each one.

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Altria's dividend output is 6.3%, which is immense compared to the astir 1.1% being paid by the S&P 500 index (SNPINDEX: ^GSPC). The Dividend King's superior merchandise is cigarettes, which is some a affirmative and a negative.

On the antagonistic side, cigaret request successful the company's halfway North American marketplace is successful dependable decline. On the affirmative side, Altria has been capable to rise prices due to the fact that smokers aren't peculiarly price-sensitive. That has allowed the company, which owns the industry-leading Marlboro brand, to steadily summation its dividend contempt falling demand. The currency flows it generates are truthful robust that absorption has besides been capable to experimentation with caller products it hopes volition someday regenerate cigarettes.

There person been immoderate large missteps successful that effort, resulting successful billion-dollar write-offs. However, the dividend's resilience shows however reliable the company's concern is implicit time. Still, Altria is lone due for much assertive investors fixed the headwinds successful its astir important business.

Universal is different baccy institution and offers an awesome 6.1% dividend yield. However, determination are 2 important differences present comparative to Altria. For starters, Universal operates connected a planetary standard portion Altria does not. Second, Universal doesn't merchantability cigarettes; it sells baccy to companies that marque cigarettes and different smokable products. With request for cigarettes inactive reasonably beardown extracurricular of North America, its concern is astir apt amended positioned than Altria close now.

That said, Universal is simply a misdeed stock. If that's not OK with you, past you shouldn't ain it, nary substance however precocious its output is. It is besides important to enactment that baccy is simply a commodity, truthful the company's gross and net tin beryllium a spot volatile from twelvemonth to year. While astir investors volition astir apt privation to debar Universal, it could beryllium a bully acceptable if you are considering Altria but are disquieted astir declining cigaret request successful North America.