5 Best Dividend Paying Stocks to Buy 2022

5 Best Dividend Paying Stocks to Buy 2022
Published on

These dividend-paying stocks have the best chance of yielding profits in 2022

The best dividend stocks in the equities market not only offer an attractive yield but a long-standing track record of increasing annual payments. 

If you're on the hunt for the very best dividend stocks for 2022 – this market insight analyzes five potential options for your portfolio. 

The Best Dividend Stocks to Buy in 2022

An overview of the best dividend stocks for 2022 can be found below:

1. Lucky Block – Top Blockchain Asset With Significant Growth in 2022

2. Johnson & Johnson – Dividend King With Payouts for 60 Years 

3. Exxon Mobil – One of the Best High Dividend Stocks in the Oil and Gas Sector

4. Rio Tinto – High Paying Dividend Stock to Add to Your Portfolio Today

5. Prospect Capital Corporation – Best Monthly Paying Dividend Stocks

A Closer Look at the Best Dividend Stocks to Invest 

You will find a full evaluation of the best dividend stocks for 2022 in the section below.  

1. Lucky Block – Top Blockchain Asset With Significant Growth in 2022 

If you are looking to invest in the stock market to maximize your potential returns – it could be worth taking a slightly different approach in the form of Lucky Block. This is because while Lucky Block is not listed on a traditional stock exchange – it is a digital asset that has already attracted a market capitalization in the hundreds of millions of dollars. 

Lucky Block is a blockchain protocol project that's been a trending Reddit crypto. Its aim is to build a global lottery ecosystem that can be accessed from any jurisdiction. Players of Lucky Block lotteries can be sure that gaming outcomes are random and 100% legitimate – as the number drawing process is generated by immutable smart contracts. 

It appears that the broader trading markets are super-bullish on this innovative concept, not least because the Lucky Block token has generated significant gains since it was first launched in January 2022. For instance, during the first few weeks of the year, Lucky Block successfully filled its hard cap fundraising campaign of approximately $5 million. 

Then, upon listing on Pancakeswap and now LBank, early investors of the token have seen returns in excess of 4,000%. Crucially, Lucky Block is yet to release its lottery app and desktop software, so the project is still very young.     

Buy Lucky Block Now on PancakeSwap

Cryptocurrency markets are highly volatile and your investments are at risk.

2. Johnson & Johnson – Dividend King With Payouts for 60 Years 

If you're looking to focus on conventional equities, then Johnson & Johnson is arguably the very best dividend stock for 2022. Put simply, this strong and stable blue-chip company has been paying dividends to its shareholders for six consecutive decades. Moreover, each consecutive year has resulted in the size of the dividend payment increasing. 

And as such, Johnson & Johnson is one of the very few Dividend Kings in the global stock markets. Although you can rely on Johnson & Johnson for consistency, it should be noted that the firm is paying a running yield of just over 2.5%.      

Buy Johnson & Johnson Shares on eToro

68% of retail investor accounts lose money when trading CFDs with this provider. 

3. Exxon Mobil – One of the Best High Dividend Stocks in the Oil and Gas Sector 

Oil and gas are one of the best-performing sectors at the moment – not least because Brent Crude is trading at over $90 per barrel. And, if you're looking to combine capital gains with regular income – Exxon Mobil is one of the best high dividend stocks in this market. 

As of writing, Exxon Mobil is offering a running yield of over 4.50%. This was previously above in the 7-8% region, albeit, this has since been reduced in response to the stock's rising share price. For instance, over the prior six months alone, Exxon Mobil shares have witnessed gains of over 43%.          

Buy Exxon Mobil Shares on eToro

68% of retail investor accounts lose money when trading CFDs with this provider. 

4. Rio Tinto – One of the Best High Yield Dividend Stocks for 2022 

If your overarching objective is to find the best high-paying dividend stocks in the market, then Rio Tinto might be worth a second look. Rio Tinto is a large-cap mining company that specializes in a range of commodities – including but not limited to gold, copper, uranium, and iron ore. 

The stocks are up more than 88% over the prior year and in terms of its running dividend yield – this stands 7.6% as of writing. As a result, Riot Tinto offers superb value in terms of both dividends and share price growth. Take note, the shares are down almost 7% over the past 12 months, so you also stand the chance to enter the market at a slight discount.            

Buy Rio Tinto Shares on eToro

68% of retail investor accounts lose money when trading CFDs with this provider.

5. Prospect Capital Corporation – Best Monthly Paying Dividend Stocks

Although companies listed on the stock markets typically distribute dividends on a quarterly basis, a select number of firms will make a payment every month. One such example of a monthly paying dividend stock is Prospect Capital Corporation. This firm specializes in US-based middle-market investments – covering both debt and equity instruments.         

With a market capitalization of just over $3 billion, Prospect Capital Corporation has generated growth of over 11% over the prior year. Furthermore, and perhaps most importantly, the firm is offering a running dividend yield of over 8% as of writing.     

Buy Prospect Capital Corporation Shares on eToro

68% of retail investor accounts lose money when trading CFDs with this provider. 

How to Buy Dividend Stocks

In order to buy your chosen asset, you will need to go through a broker or third-party exchange. 

Follow the quickfire walkthroughs below to invest in the best dividend stocks today. 

How to Buy Lucky Block

As noted earlier, Lucky Block is a blockchain asset as opposed to a dividend stock.

Nevertheless, if you're looking to target above-average market gains and wish to purchase Lucky Block on Pancakeswap right now – follow the steps outlined below. 

  • Step 1: Download Trust Wallet – The first step is to download a mobile wallet that gives you access to the exchange that Lucky Block is listed on – Pancakeswap. The best option in this market for beginners is Trust Wallet – which is backed by Binance.  

  • Step 2: Buy BNB – To pay for your Lucky Block investment, you need to have BNB in your Trust Wallet. You can do this by using your debit/credit card within the Trust Wallet app – after uploading a copy of your ID for KYC purposes.   

  • Step 3: Visit PancakeSwap – Next, you can head over to the Pancakeswap exchange via your Trust Wallet, by clicking on the 'DApps' button. Then, you will need to confirm that you authorize Pancakeswap to connect to your Trust Wallet interface. 

  • Step 4: Contract Address – Head over to the Lucky Block Telegram group and copy the unique contract address. Then, paste this into Pancakeswap – which will subsequently bring up the trading market for the Lucky Block token.   

  • Step 5: Buy Lucky Block – The final step is to enter the amount of Lucky Block that you want to buy. Confirm the order and head back to Trust Wallet to view your newly purchased Lucky Block tokens.  

Read More: A comprehensive guide on how to buy Lucky Block.

Buy Lucky Block Now on PancakeSwap

Cryptocurrency markets are highly volatile and your investments are at risk.

How to Buy Stocks on eToro

If you're looking to buy the best dividend stocks for 2022, you can do so at 0% commission and from $10 at SEC-regulated broker eToro:

  • Step 1: Open Account – Open an eToro account at the official website in under five minutes by entering your personal information and contact details.   

  • Step 2: Deposit Funds – Deposit USD fee-free via a debit/credit card, e-wallet, or bank wire. The minimum deposit requirement for US clients is just $10.    

  • Step 3: Search for Dividend Stock – In the search bar, type in the name of the dividend stock that you want to buy.  

  • Step 4: Buy Dividend Stock – In the 'Amount' field, enter the amount of capital you wish to invest in your selected dividend stock – from $10. 

How to Buy Stocks on eToro

Lucky Block, although not a dividend stock, came out as the overall best growth asset for 2022 – with gains of 4,000% in the first month of trading alone.  

If you're looking to buy the best dividend stocks for 2022, consider the SEC-regulated broker eToro to complete your purchase at 0% commission. 

Buy Stocks on eToro Now

68% of retail investor accounts lose money when trading CFDs with this provider. 

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net