DIVIDEND
🎉 7 Stocks For Passive Income 🚀

Recently, a client asked me how would I structure a dividend portfolio to generate passive income and he only wanted US stocks (SG would have lots of options).

In the pursuit of creating a substantial passive income stream, many investors turn their focus toward dividend stocks, known for their potential to generate steady income. With a strategic selection, it's entirely feasible to aim for a passive income from dividends alone.

Here are seven companies that not only offer attractive dividends but also bring various strengths and strategic advantages to your portfolio. Here's why they stand out:

1. JPMorgan Chase & Co. (NYSE: JPM)

• Financials: Boasting a dividend yield of approximately 3.0%, with a recent increase in its quarterly dividend to $1.00 per share. JPMorgan Chase has demonstrated solid financial health and growth, underpinned by a diverse range of financial services.

• Strengths: With a broad global presence and a comprehensive suite of financial services, JPMorgan Chase is a behemoth in the financial sector, known for its stability and strategic market moves.

• Dividend Appeal: The bank's robust dividend track record and its commitment to returning value to shareholders make it a prime candidate for a dividend-focused portfolio.

2. British American Tobacco (NYSE: BTI)

• Financials: The stock offers a high dividend yield of around 7.5%, with consistent dividend payments that underscore its commitment to shareholder returns.

• Strengths: BTI's global reach and strategic investments in smokeless tobacco and vaping products aim to secure its position in a shifting tobacco industry.

• Dividend Appeal: The combination of BTI's high yield and its efforts to innovate within its product portfolio positions it as a strong contender for those seeking income-generating investments.

3. Chevron (NYSE: CVX)

• Financials: Chevron has a healthy dividend yield of approximately 3.8%, with its quarterly dividend recently increased to $1.42 per share.

• Strengths: With significant operations in both upstream and downstream markets, Chevron is well-positioned to navigate the complexities of the global energy sector.

• Dividend Appeal: Chevron's commitment to sustaining and growing its dividend, alongside its endeavors in energy diversification, make it a compelling choice for an income portfolio.

4. Johnson & Johnson (NYSE: JNJ)

• Financials: Sporting a dividend yield of about 3.12%, J&J has consistently increased its dividend, now standing at $1.13 per share quarterly.

• Strengths: Its diversified business model spanning pharmaceuticals, medical devices, and consumer health products ensures resilience against market volatility.

• Dividend Appeal: As a dividend king with a track record of over 50 years of dividend growth, JNJ exemplifies reliability and growth potential for dividend investors.

5. Coca-Cola (NYSE: KO)

• Financials: Coca-Cola offers a dividend yield of approximately 3.1%, with a long-standing history of dividend increases, currently paying $0.44 per share quarterly.

• Strengths: Coca-Cola's unmatched brand portfolio and global distribution network anchor its strong position in the beverage industry.

• Dividend Appeal: A proven dividend king, Coca-Cola's consistent dividend growth and strong market presence make it a staple for those seeking stable income streams.

6. IBM (NYSE: IBM)

• Strengths: IBM's pivot towards high-growth areas like AI and quantum computing positions it for future relevance and growth.

• Weaknesses: Shifting the perception from a legacy tech company to a modern innovator is an ongoing challenge.

• Dividend Appeal: A consistent dividend payer since 1994 (3.5% yield), IBM combines growth potential with income reliability, making it a unique option for tech-savvy income investors.

7. Imperial Brands PLC (OTC: IMBBY)

• Financials: Imperial Brands offers a compelling dividend yield of approximately 9.0%, demonstrating its focus on shareholder returns amidst evolving industry dynamics.

• Strengths: The company's strategic focus on next-generation products while maintaining a strong traditional tobacco portfolio positions it well for sustainable growth.

• Dividend Appeal: High yield and a strategy geared towards both innovation and core brands make Imperial Brands a noteworthy choice for those focused on income from the tobacco industry.

Incorporating these stocks into your dividend portfolio can diversify your income sources and align you with companies poised for both stability and growth. A well-rounded portfolio is key to achieving your passive income goals, especially when aiming for a significant annual yield.

Wishing you financial success,

Let's make it happen!
Pete