Best Dividend Stocks In The Market(JNJ, MMM, MCD, PG, ABT)

The price of a share is the primary way to make money using stocks, but often, people forget that some stock actually pay out dividends. With the help of dividends, you can increase your rate of return on your stock.

The five best dividend stocks in the market are:

Johnson and Johnson (NYSE: JNJ) historically makes good decision and has always been relatively conservative. Recently, Johnson and Johnson announced that they will be slashing over 8,000 jobs in order to save approximately $1.4 billion and $1.7 billion. JNJ has increased its dividend payout year after year since 1997 and has already paid out $1.93 in dividends this year.

Proctor and Gamble (NYSE: PG) has a wide range of products that is marketed in over 180 countries allover the world. One of the more prominent investors in Proctor and Gamble is Berkshire Hathaway’s (NYSE: BRK.A) Warren Buffet. Proctor and Gamble may be down in early trading but that does not discount the fact that this stock has paid out dividends handsomely through the years.

3M Company (NYSE: MMM) is a company with strong fundamentals with a large amount of products sold around the world. Although the price of this stock can be expensive, the dividends can be a good incentive to buy. 3M Company has experienced an annual increase in dividends of 6.7% and it is safeguarded by strong cash-flow from their diverse business.

To Start off, Abbot Laboratories (NYSE: ABT) just recently raised the quarterly dividend payment to $0.40/share, an 11% increase. Furthermore, the company has increased its payout for the last 37 years.

Starting 2002, the dividend payout for McDonald’s Corporation (NYSE: MCD) spiked to unbelievable prices. In 2002, Mcdonald’s Corporation only released a little over $0.20, but as it progressed, the dividend eventually rose to $1 in 2006 and doubled in price since.