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    6 Dow Jones Dividend Stocks to Buy Hand Over Fist

    By Lee Jackson,

    1 day ago

    This post includes affiliate links. If you purchase anything through these affiliated links, 247wallst.com may earn a commission.

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    24/7 Insights

    Dividend stocks are a favorite among investors for good reason. They provide a steady income stream and offer a promising avenue for total return. Total return , a comprehensive measure of investment performance, encompasses interest, capital gains, dividends, and distributions realized over time.

    At 247 Wall St., we consistently highlight the long-term potential of total return to our readers, as it is one of the most effective ways to boost the prospects of overall investing success. Once again, total return is the collective increase in a stock's value plus dividends.

    The Dow Jones Industrial Average (DJIA) is a price-weighted average of 30 blue-chip U.S. stocks that are often industry leaders. It's the oldest U.S. market index, dating back over 100 years, and has been a followed stock market indicator since 1928. The DJIA is considered the most recognizable stock indicator in the world and is also the only index made up of companies that have consistently performed well over an extended period.

    We screened the venerable

    index, looking for the best dividend ideas for investors now and found six top Dow stocks to buy hand over fist. All are rated Buy at top Wall Street firms. Amgen

    https://img.particlenews.com/image.php?url=2Ce62p_0uQtAU0o00 Amgen discovers, develops, manufactures, and delivers human therapeutics worldwide.

    This biotech giant remains a top stock for investors to buy and a safer way to play the massive potential growth in biosimilars while paying a solid 3.01% dividend. Amgen Inc. ( NASDAQ: AMGN ) discovers, develops, manufactures, and delivers human therapeutics worldwide.

    Amgen focuses on:

    • Inflammation
    • Oncology/hematology
    • Bone health
    • Cardiovascular disease
    • Nephrology
    • Neuroscience

    The company's products include:

    • Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis
    • Neulasta reduces the chance of infection due to a low white blood cell count in patients with cancer
    • Prolia to treat postmenopausal women with osteoporosis
    • Xgeva for skeletal-related events prevention
    • Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behcet's disease
    • Aranesp to treat a lower-than-normal number of red blood cells and anemia
    • Kyprolis to treat patients with relapsed or refractory multiple myeloma
    • Repatha reduces the risks of myocardial infarction, stroke, and coronary revascularization

    Cisco

    https://img.particlenews.com/image.php?url=3Roeox_0uQtAU0o00 Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products.

    This is a mega-cap tech leader for more conservative accounts that pays a very solid 3.50% dividend. Cisco Systems Inc. ( NASDAQ: CSCO ) designs, manufactures, and sells Internet Protocol-based networking and other products related to the communications and information technology industry in:

    • The Americas
    • Europe
    • The Middle East
    • Africa
    • The Asia Pacific
    • Japan
    • China

    The company also offers a switching portfolio that encompasses campus switching as well as:

    • Data center switching
    • Enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure and reliable connectivity to campus, data center, and branch networks
    • Wireless products include wireless access points and controllers
    • Compute portfolio including the Cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization

    In addition, it provides Internet for future products consisting of:

    • Routed optical networking
    • 5G
    • Silicon, and optics solutions
    • Collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service
    • End-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust
    • Optimized application experiences products including full-stack observability and network assurance

    Further, the company offers a range of service and support options for its customers, including technical support advanced services, and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers.

    Coca-Cola

    https://img.particlenews.com/image.php?url=2QHWyQ_0uQtAU0o00 Coca-Cola manufactures, markets, and sells various nonalcoholic beverages worldwide.

    This company remains a top Warren Buffet holding as he owns a massive 400 million shares, 9.3% of the float and 6.4% of the portfolio. Coca-Cola Co. ( NYSE: KO ) is the world's largest beverage company, offering consumers more than 500 sparkling and still brands.

    Led by Coca-Cola, one of the world's most valuable and recognizable brands, the Company's portfolio features 20 billion-dollar brands, including:

    • Diet Coke
    • Fanta
    • Sprite
    • Coca-Cola Zero
    • Vitaminwater
    • Powerade
    • Minute Maid
    • Simply
    • Georgia
    • Del Valle

    Globally, it is the number one provider of sparkling beverages, ready-to-drink coffees, and juice drinks.

    Through the world's most extensive beverage distribution system, consumers in more than 200 countries enjoy the company’s beverages at a rate of more than 1.9 billion servings a day. It’s also important to remember that the company owns almost 20% % of Monster Beverage Corp. ( NASDAQ: MNST ), which continues to deliver big numbers.

    Investors are paid a very dependable 3.10% dividend.

    Dow

    https://img.particlenews.com/image.php?url=2sXfMT_0uQtAU0o00 Dow is a materials science company that offers a wide range of products and services.

    This company was spun out from Dupont in 2019 and offered investors growth and income potential with a hefty 5.09% dividend. Dow Inc. (NYSE: DOW) is a leading materials science company formed by the merger of Dow and DuPont in 2017 and subsequent spin in 2019.

    The company is organized into three principal divisions:

    • Performance Materials & Coatings
    • Industrial Intermediates & Infrastructure
    • Packaging & Specialty Plastics

    The company's segments include Agricultural Sciences, which provides crop protection, seed/plant biotechnology products and technologies, urban pest management solutions, and healthy oils.

    Consumer Solutions which consists of:

    • Consumer Care
    • Dow Automotive Systems
    • Dow Electronic Materials
    • Consumer Solutions-Silicones businesses

    Infrastructure Solutions which consists of:

    • Dow Building & Construction
    • Dow Coating Materials
    • Energy & Water Solutions
    • Performance Monomers and Infrastructure Solutions-Silicones businesses
    • Performance Materials & Chemicals, which consists of Chlor-Alkali and Vinyl, Industrial Solutions and Polyurethanes businesses
    • Performance Plastics, which consists of Dow Elastomers, Dow Electrical and Telecommunications, Dow Packaging and Specialty Plastics
    • Energy and Hydrocarbons business
    Home Depot

    https://img.particlenews.com/image.php?url=19SPO4_0uQtAU0o00 Home Depot is the largest home improvement retailer in the United States.

    With the potential for a second-half 2024 recession and still-high mortgage interest rates and home prices, people will likely stay put, and this is the top retailer to own now, which pays a solid 2.60% dividend. Home Depot Inc. ( NYSE: HD ) operates as a home improvement retailer and sells:

    • Building materials
    • Home improvement products
    • Lawn and garden products
    • Décor products
    • Facilities maintenance, repair, and operations products

    The company also provides a wide range of installation services for:

    • Flooring
    • Water heaters
    • Baths
    • Garage doors
    • Cabinets
    • Cabinet makeovers
    • Countertops
    • Sheds
    • Furnaces
    • Central air systems
    • Windows

    It further enhances its customer experience with tool and equipment rental services. This diverse portfolio of products and services positions Home Depot for potential growth and resilience in the market.

    Home Depot primarily serves:

    • Homeowners and professional renovators/remodelers
    • General contractors
    • Maintenance professionals
    • Handypersons
    • Property managers
    • Building service contractors
    • Specialty tradespeople, such as electricians, plumbers, and painters

    It also sells its products through websites, including:

    • homedepot.com,
    • homedepot.ca, and homedepot.com.mx;
    • blinds.com, an online site for custom window coverings; and
    • thecompanystore.com, an online site for textiles and décor products

    Buy These 5 Beaten-Down High-Yield Stocks Before It’s Too Late

    IBM

    https://img.particlenews.com/image.php?url=3H1pVI_0uQtAU0o00 IBM, nicknamed Big Blue, is an American multinational technology company.

    The legacy blue chip tech giant pays a solid 3.95% dividend and offers conservative investors a safer way to play the sector. International Business Machines Corp. ( NYSE: IBM ) provides integrated solutions and services worldwide.

    The company operates through four segments:

    • Software
    • Consulting
    • Infrastructure
    • Financing

    The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

    The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry.

    The Infrastructure segment provides on-premises and cloud-based server and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment.

    The Financing segment offers client and commercial financing and facilitates IBM clients' acquisition of hardware, software, and services.

    The company has strategic partnerships with various companies including:

    • Hyperscalers
    • Service providers
    • Global system integrators
    • Software and hardware vendors such as Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics, and SAP

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