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3 Dividend Stocks To Watch In The Stock Market Today

Are these the top dividend stocks to watch in the stock market today?

Dividend stocks are stocks that pay out a portion of the company’s profits to shareholders on a regular basis. These payouts, known as dividends, can be issued as cash payments or additional shares of stock. Dividend stocks are a type of investment that can provide income to investors, in addition to the potential for capital appreciation.

Some investors choose to invest in dividend stocks for the steady stream of income they provide, while others see them as a way to reinvest their earnings and potentially generate more wealth over time. With that said, let’s look at three top dividend stocks for your watchlist in the stock market today.

Dividend Stocks To Buy [Or Avoid] Right Now

International Business Machines (IBM Stock)

First up, International Business Machines Corporation, or IBM, is a multinational technology and consulting company. In fact, IBM is one of the world’s largest technology companies, providing a range of products and services, including cloud computing, artificial intelligence, and cybersecurity solutions. Today, IBM shareholders enjoy an annual dividend yield of 4.42%.

Aside from that, just last week, the company announced it has acquired Octo. In detail, Octo is a U.S.-based IT modernization and digital transformation services provider. The company exclusively serves the U.S. federal government, including defense, health, and civilian agencies. As a result of this announcement, this will be IBM’s eighth acquisition of 2022.

Year-to-date IBM stock has jumped by 9.68%, outperforming the broader markets in 2022 so far. Meanwhile, shares of IBM stock look to open Tuesday morning’s trading session at around $148.90 a share.

Source: TD Ameritrade TOS

[Read More] 4 Semiconductor Stocks To Watch Right Now

Altria Group

Next, Altria Group Inc. is a multinational corporation that operates in the tobacco, alcohol, and cannabis industries. Altria is the parent company of several well-known tobacco brands, including Marlboro, Black & Mild, and Copenhagen, as well as the wine company Ste. Michelle Wine Estates and the cannabis company Cronos Group. Additionally, Altria is one of the largest tobacco companies in the world. As it stands today, MO stock offers its shareholders an annual dividend yield of 8.01%.

In recent news, last week Altria announced that its Board of Directors has declared a regular quarterly dividend payment of $0.94 per share. This dividend is payable on January 10, 2023, to shareholders of record as of December 22, 2022. In addition, the ex-dividend date is December 21, 2022.

In 2022 so far, shares of MO stock are down 2.11% year-to-date. Though, in the last month of trading, MO stock has recovered by 6.82%. As we look into Tuesday morning’s trading session, Altria Group stock is set to open the trading day at around $46.98 a share.

Source: TD Ameritrade TOS

[Read More] 2 Oil Stocks To Watch In December 2022

Kraft Heinz (KHC Stock)

Lastly, The Kraft Heinz Company is a multinational food and beverage company. Kraft Heinz is one of the world’s largest food and beverage companies, with a portfolio of more than 200 brands that include well-known products such as Kraft cheese, Heinz ketchup, and Oscar Mayer meats. What’s more, the company currently offers its shareholders an annual dividend yield of 3.97%.

At the end of October, Kraft Heinz Company reported a beat for its third-quarter 2022 financial results. Diving in, the company announced Q3 2022 earnings of $0.63 per share, along with revenue of $6.5 billion. For context, analysts’ consensus estimates for the quarter were earnings of $0.55 per share and revenue of $6.3 billion. Moreover, KHC also notched in a 2.9% increase in revenue versus the same period, the previous year.

Year-to-date shares of KHC stock are up 11.46%, which outperforms the broader markets so far this year. In the last month of trading, KHC stock has rebounded by more than 11.46%. Meanwhile, during Tuesday’s pre-market trading session, Kraft Heinz stock is trading at $40.06 a share.

Source: TD Ameritrade TOS

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By Joe Samuel

Joe Samuel is a dedicated stock market researcher and financial contributor. His love for the stock market started at a young age learning from his grandfather. Joe earned a bachelor of science degree in corporate finance and business management. After finishing college, he went the route of an entrepreneur starting numerous businesses and eventually became a financial contributor to a number of outlets including Seeking Alpha, Invesitng.com, and actively contributes to FactSet. At StockMarket.com, Joe looks for emerging stories. One of his traits is identifying new trends before they become mainstream. Whether it’s a biopharmaceutical company debuting a novel treatment or the next technology start-up developing a new platform, Joe looks to be on the cutting edge of that trend.

After years of living in New York, he made the move to Miami, Florida where he’s become an active member of the finance community. Joe has worked with early-stage companies in marketing and consulting capacities, which has given him an opportunity to see what makes companies tick. His viewpoint is that while corporate news is vital to any investment, it’s what isn’t “right in front of you” that can make a good investment great. His approach to the markets is one that aims to deliver information that might not be well-known. But through deep research and diligence, Joe has written about and been able to uncover time-sensitive information when seconds matter in the stock market today.

Joe enjoys covering several stock market sectors. These include commodities, finance, biotechnology, and technology; specifically AI & machine learning. His no-nonsense approach to the market gives readers a cut and dry view of the news that matters most and topics beginning to emerge as new trends in the stock market. He was early to the table with calls on things like the last gold rush in 2019 and has been able to identify influential events and how they could impact certain industries.

During his free time, he enjoys spending time with his family and polishing up one new stock market trends. He’s also an avid car enthusiast with a passion for classic and muscle cars.

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