My 3 Top Dividend Stocks for May
Dividend stocks are always hot, but they're positively sizzling as investors look for safe ways to grow their money in a volatile investing climate. Even better, plummeting prices mean you can find great stocks on sale with high-yielding dividends. My top picks for May are Home Depot (NYSE:HD), Starbucks (NASDAQ: SBUX), and Kimberly-Clark (NYSE: KMB).
Home Depot is the largest home-improvement chain in the world with 2,300 stores in the U.S., Canada, and Mexico. It's had its share of challenges throughout its long history, but they've been fleeting -- as they should be for a healthy, well-run company -- and they seem to have all but disappeared over the past few years. Just when the company finally anticipated slowing growth, sales crushed estimates in the 2022 first quarter, increasing 4% year over year to $1.4 billion, and earnings per share (EPS) increased from $3.86 to $4.09. Management raised its outlook to 3% growth year over year for 2022.
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Source Fool.com
