May 2020’s Best Dividend Income Stocks

For some investors, having regular dividend income is a lifeline that funds their monthly expenses. Having the best of the best dividend paying stocks becomes critical in keeping that revenue stream alive and well.

The SELECT dividend income stocks presented here have passed multiple filters, starting from 788 dividend stocks with five years or more of increasing dividends, and gradually narrowed down to 10 stocks that made it through our gauntlet of reliability and safety tests.

SELECT DIVIDEND INCOME STOCKS [ DivSys Score 5y/10y ]

For the 10 stocks selected, here are the group’s averages:

  • 4.25% Average Yield
  • 2.79 Average Quality Rating (out of 5)
  • 3.65 Average Reliability Rating (out of 5)
  • 17.48% Dividend System 5-year Score:

It’s always better to select stocks that are above the average as, ultimately, all stocks will “regress to the mean.” But in the meantime (pun intended), enjoy the benefits of being above average. We’ve also listed each sector’s yield, as well as the stock’s, so you can compare each stock to see if it is exceeding or underperforming its sector.

Happy Income Hunting!

BASIC MATERIALS

Sector Averages | Yield: 2.6 | Reliability: 3.5 | DivSys5 Score: 32.3

» (RS) Reliance Steel & Aluminum Co ~ Steel | Yield: 2.61 [ 32.3 | 31.6 ] +

CONSUMER DEFENSIVE

Sector Averages | Yield: 3 | Reliability: 3 | DivSys5 Score: 14.6

» (SJM) JM Smucker Co ~ Consumer Packaged Goods | Yield: 3.02 [ 14.6 | 20.3 ]

FINANCIAL SERVICES

Sector Averages | Yield: 3.4 | Reliability: 4 | DivSys5 Score: 21.2

» (TRV) The Travelers Companies Inc ~ Insurance | Yield: 3.41 [ 21.2 | 22.8 ]

INDUSTRIALS

Sector Averages | Yield: 4 | Reliability: 3 | DivSys5 Score: 19

» (MSM) MSC Industrial Direct Co Inc ~ Industrial Distribution | Yield: 5.18 [ 23.3 | 19 ] +

» (CHRW) C.H. Robinson Worldwide Inc ~ Transportation | Yield: 2.89 [ 14.7 | 17.3 ]

REAL ESTATE

Sector Averages | Yield: 5.5 | Reliability: 3.9 | DivSys5 Score: 11.4

» (NHI) National Health Investors Inc ~ REITs | Yield: 8.24 [ 13.1 | 6.9 ] +

» (AVB) AvalonBay Communities Inc ~ REITs | Yield: 3.88 [ 11.3 | 6.4 ] +

» (EGP) EastGroup Properties Inc ~ REITs | Yield: 2.98 [ 12 | 3.5 ] +

» (NNN) National Retail Properties Inc ~ REITs | Yield: 6.89 [ 9.4 | 3.2 ] +

TECHNOLOGY

Sector Averages | Yield: 3.5 | Reliability: 4.5 | DivSys5 Score: 22.9

» (CSCO) Cisco Systems Inc ~ Hardware | Yield: 3.45 [ 22.9 | 7.5 ]

__________

Please Note: This information is not an offer to buy stocks, but just a list that has been narrowed down as starting point for your further research. We always recommend further due diligence before making your decision to invest or not.

‘+’ indicates upward direction of DivSys™ score for stocks with positive 10 year dividend growth rates, basically giving us enough years of performance to mathematically determine if they are doing better or doing worse over time.