Skip to content

12 Dividend Stocks to Get Paid Weekly

I’ve got a secret weapon, a portfolio of 12 dividend stocks that puts cash in my pocket every single week. 12 stocks to keep the cash flowing in this article, I’ll show you the 12 stocks in that dividend stock portfolio.

Explain how this strategy works and how to use it for cash. Imagine that knowing you’ve got cash flow coming into your account every single week money, you can count on to pay the bills or just relax a little.

These 12 stocks I’ll show you today can produce a 6.2% average dividend yield. That’s three times the yield on the overall stock market we’re getting started.

JPM – JP Morgan

Our first dividend stock is one of the largest financial companies in the world. JP Morgan, ticker JPM for its 3.15% dividend yield. Now that dividend yield is actually lower than most of the stocks on this list, but, but I do like the bank for its valuation and stability of cash.

JP Morgan manages over 3 trillion in assets in its wealth management segment and booked 12.2 billion in revenue in the first quarter in consumer banking alone. And one thing you’ll notice in this dividend list is that I’ve tried to pull stocks from different sectors and industries. You see the problem with dividend investing is if you just chase those stocks with the highest dividend yield, you’re gonna end up with the stocks only in a few industries like real estate, business development, corporations, and energy, and that is gonna leave your portfolio at your dividends in danger of a crash if anything happens to those particular industries. So even those stocks in some of those industries, like traditional banks, aren’t gonna pay the highest yield.

You wanna include a few of these for that dividend safety and diversification. Here’s the dividend information for these shares and I’ll show you how to find this. JP Morgan has doubled its dividend over the past five years and typically goes X dividend in the first week of January, April, July, and October.

Global Net Lease – GNL

Now GNL is unique among real estate investment trusts in that it has a diversified international portfolio.

Most REITs are almost exclusively US-focused, but here you have over 309 properties, more than 39 million square feet across the US, Canada and Europe. Now properties have a 99% occupancy rate, which is extremely high-end. That’s spread out over 138 tenants it’s in 51 industries. So you’ve got that diversification you need not only geographically, but your risk is spread out so that a crisis in any one industry isn’t gonna hurt the.

Now I also like that 54% of the portfolio is in the industrial and distribution segment, which is a huge growth market for real estate right now. And I believe that office property is probably gonna surprise higher as we move past the pandemic.

These shares usually pay their dividend in the second week of that January, April, July, and October. Now I’ll explain how I put this dividend list together later, but you’re gonna see as we work through, I’m finding stocks that pay in specific weeks of specific months to fill out our calendar for cash flow every week, the average analyst price target for global net lease is at $18 a share.

So you’ve got a potential for a 21% upside on top of that dividend. And this is one of my favourites for a long-term cash flow.

Gladstone Commercial Corporation – GOOD

Gladstone Commercial Corporation, ticker, GOOD is a favourite here on the channel. Not only for a 6.6% dividend yield. But because it pays out every month. So you’re gonna receive that dividend every month around the third week of the month.

So with this one and another monthly payer on the list, you’re gonna be doubling up on your dividend check. In two weeks of each month, the company owns more than 15 million square feet at 122 properties in 28 states across the US. Leases are spread across 106 tenants in 19 industries. So also extremely diversified!

Occupancy here has held at 96.6% and the average lease term of seven and a half years means an even more severe recession should support the rent. The average analyst price target is only about 12% higher. But, that’s on top of that solid dividend and a stable cash flow stock.

ConAgra Brands – CEG

We’ve been following ConAgra brands, ticker CEG, for years and here it is again!
And for its 3.5% dividend yield, the company is a leader in the frozen foods and snack categories with market share positions in several top brands shares of food companies have been hit hard over the last year by inflation, but are now starting to produce higher earnings and are in value T. ConAgra is trading for 16.8 times on a price to earnings basis.

A 10% discount to its five-year average shares go X dividend in the fourth week of that January, April, August, and October, period and analysts have a target price as high as $40 per share. With an average of $36 each, we’ve still got eight more dividend stocks to round out your portfolio and produce those weekly dividends.

NYCB – New York Community Bank Court

Next on our dividend stocks list is New York Community Bank court, ticker NYCB for its 6.8% yield. One of the highest in banking. The bank is a leading producer of multi-family loans in New York with 50 years in the market and is aggressively expanding nationally with its Flagstar bank acquisition announced.

it now has over 400 branches and 87 billion in assets across eight states. The stock here goes ex-dividend in that first week of the February, May, August and November period. So it’s gonna hit your account about a month after I’m watching bank stocks closely this year because as interest rates climb higher, this could be one of the only industries to actually.

Higher rates mean banks make more money on their loans and NYCB already books, an excess capital generation of $500 million a year after paying the dividend to be fair. The share price hasn’t done much over the last few years, but now trades for just 0.7, two times that price to book value. Well under where most banks are trading and firmly in the value

The average analyst target of $13 and 75 cents a share is more than 38% higher. On top of a nearly 7% dividend Arbor Realty. Trust ticker ABR is another strong real estate company with an 8.25% dividend on our list. Arbor is a direct lender to multi-family senior housing and healthcare and another commercial real estate.

Multi-family projects make up about 83% of the portfolio. So that’s a little on the high side, but these are all agency-backed loans. So definitely the safety that you wanna see in a mortgage reach Arbor has grown that dividend by 16% annually over the last five years on sales growth of 20% a year.

With the rise in residential prices, rents on multifamily should be rising as well. And loan growth should continue higher. The stock goes X dividend, usually around the middle of the month in February, May, August and November though, this one isn’t quite as consistent as the others. It’s why I also wanted to include a few monthly dividend stocks in our list.

Just, just to make sure we double up on some of the weeks. Analysts have a target price of just under $21 a share, which would be almost a 20% upside to that current price.

Southern Company – SO

Our first utility company on the list, Southern Company, ticker SO, pays a 3.6% dividend yield. And the company operates as a regulated electric utility serving more than 4 million customers in Georgia, Alabama, and Mississippi, along with 4.4 million customers in natural gas.

Southern is one of the most aggressive in the utility industry for its push into clean. In 2000, nearly 80% of the company’s electricity generation came from coal today. It’s just over 20% and the company is pushing further into nuclear, natural gas and renewables than anyone else. Like a lot of the banks, the utility companies don’t pay the highest dividend yields, but it’s important to get that diversification, adding a few of these to the portfolio.

And the stock goes ex-dividend in the third week of that February, May, August and November period, the shares have jumped recently and analyst targets are only for about $73 each on average, but, but I think this one continues to produce that stable return along with the dividend.

New Brands – NWL

New brands, ticker NWL is another dividend stock I picked for its stability and that cash flow that produce a 4.1% yield.

And now is way more than just its rubber-made brand. With over 25 brands and 10 billion in sales, across 10 countries. It’s a strong consumer goods leader with some international diversification for your portfolio shares go X dividend in the last week of that February, May, August and November period, and the average analyst target of $28 a.

Leaves room for a 22% upside to the price. We’ve still got four more dividend stocks on our list, but I wanted to make sure, you know, how I found these and how to use the strategy. As we’ve talked about the dividend stocks pay out each year on extremely consistent schedules, dividend investors love that certainty and the consistency.

So directors of these companies try to declare and pay those dividends on the same week, every three months, even some of ’em on the same. That means you can put together a list of your top dividend stocks, and then all it takes is going to a site like Yahoo finance or, or any investing platform. You go to the stock and here I’m gonna use the historical data tab.

I can change the period over to the last five years. And over here to show dividends only then the site is gonna show me that X dividend date of every dividend payment over the last five years. And you can see these are consistently at the same time during the same. Shares of apple go X dividend generally towards the end of that first week in February, May, August and November.

So once you have that list of when your favourite dividend stocks go X dividend, you can plan it out. So you have stocks going X dividend at different weeks of the month. This of course means that you’re gonna get those payments about one month after each. Now, do understand that companies can change these dates.

So you need to watch and adjust this. If you notice your dividends are off, which is why I like to include some monthly payers. This is, uh, just a great way to make sure you’ve got cash flow that you can count on though.

Devin Energy – DVN

Back to our dividend stocks list and Devin energy. Ticker deviant has been one of my favourites in the energy space for years now paying a 7.3% dividend yield.

Devin is a leading oil producer in three states, North Dakota, Texas, and Delaware. With oil spiking over the last two years, these assets have become cash flow machines and like most oil companies right now, Devin is choosing to return that cash to their shareholders rather than acquiring assets at higher prices, free cash flow quadrupled since its merger with WPX last year and it’s forecasting even stronger cash flow this year.

At $95 per barrel of oil. Well, under the current price, the company is gonna grow its free cash flow by 17%. This year and prices could fall to $30 a barrel before the company is operating at a loss. This all helped Devon increase its share buyback program to 1.6 billion nearly triple what it bought back last year and continue its history of dividend growth.

Not only does dividend energy pay strong 7% dividend yield, but it’s increased it from just 6 cents to $1 a share in the last five years. An increase of nearly 1600. It’s going X dividend here in the first week of March, June, September, and December period. Now I was surprised looking at the analyst targets here with an average price of $72 a share or 28% higher than recent surgeon oil prices and the stock.

I wouldn’t expect that much upside price potential, but it’s gonna be a strong dividend payer.

Camping World Holdings

Ticker CWH is another stock we highlighted recently on its huge dividend growth. And now paying a 9.6% yield while the stock price has been volatile. Dividend payments from CWH have increased steadily from just over 7 cents.

A share in 2017 to 62 cents each for a 756% increase over the last five. It’s going ex-dividend around the second week of that March, June, September, and December period, the company has been serving RV consumers since 1966 through its network of dealers and service centres, and has booked 14% annualized revenue growth.

Since 2016, new vehicles make up about half the revenue, but it’s also got a good source of recurring revenue here with these services, finance and insurance programs, the company controls a 20% market share in the RV market, a commanding lead in a market that’s growing by 10%, a. Between retirements and the baby boomer generation and the trend to RV living with some of the younger generations, more than 11 million us households now own an RV.

This one also has one of the highest potential upsides in our dividend stocks list with an average target of $42 each. Or about 64% return from here.

Altria Group – MO

And this next one is controversial, but Altria group ticker Mo is hard to pass up on its 6.5% dividend and stable cash flows. Now, while cigarette volumes are on a downward trend, pricing has kept up.

So the C’s cash flows are extremely stable. And it’s got those moonshot investments and vaping and cannabis that is gonna help the business grow in the future. For example, the company has a $1.8 billion stake in the cannabis company, Kronos group, which gives it a 45% share of the company.

Set it up for a future acquisition. It also owns 10% of the Anheuser Bush company, which gives it that steady growth into the alcoholic beverage market shares go X dividend around the third week of that March, June, September, and December period, with, with the dividend coming in a few weeks after analysts aren’t quite as bullish on the stock, though, with an average target of $55 a share right around the current stock price.

Realty Income – O

It’s not a stock that’s gonna make you rich. But that high dividend yield is one of the most stable in the market Realty income. Ticker O is one of the most popular dividend stocks among investors with a monthly payout and a 4% dividend yield Realty. Income has 50 years of operating history and owns over 6,000 properties and 49 states, Puerto Rico and the United Kingdom.

And even though 83% of its rental revenue is from retail spaces. I’m okay with this one because it’s diversified across some of those safer types of retail property, like convenience. Dollar stores, drug and grocery lease terms. Average nine years and occupancy has never been below 96% for the properties, rent growth isn’t terrifically strong at around 1% annualized, but it’s consistent and it supports the dividend. Now that dividend isn’t the highest among rates, but investors love the monthly payouts and the company has reported 88 consecutive quarterly increases. Now that four and a 5% annualized dividend growth has beaten the 2.9% average for reach.

So expect this one to just keep on paying its going X dividend in the last week of the month, which means, you know, you’ll always have a dividend check coming to cover the first of the month’s rent payment.

Join Our Newsletter to Follow Along for More like this

Leave a Reply

Your email address will not be published. Required fields are marked *