At a time when many brick-and-mortar retailers remain in the doldrums, powerhouse Walmart stands out.
The company runs a massive retail business with approximately 10,500 stores under 46 banners in 24 countries. Thanks to its “Everyday Low Prices,” Walmart attracts around 230 million customers to its stores and websites every week.
Walmart has thrived during the COVID-19 pandemic.
In the three months ended Jan. 31, 2022, revenue grew 0.5% year over year to $152.9 billion. Notably, comparable-store sales — a key measure of a retailer’s health — at Walmart U.S. rose 5.6%.
The company has also capitalized on the e-commerce boom, which is often considered a threat to physical retailers. Compared to two years ago, Walmart U.S. e-commerce sales grew 70%.
The retail giant started paying dividends in 1974 and has increased its payout every year since.
With a quarterly dividend rate of 56 cents per share, Walmart offers an annual yield of 1.4%.
Fine wine is a sweet comfort in any situation — and now it can make your investment portfolio a little more comfortable, too. Now a platform called Vinovest helps everyday buyers invest in fine wines — no sommelier certification required.Invest Now
When you make payments to a company every month, wouldn’t it be nice to get some cash back from it?
Well, investors can do that with Verizon — one of the largest telecommunication companies in the U.S. that also happens to be paying generous and reliable dividends.
Millions and millions of people pay Verizon every month to use the company’s service. Its 4G LTE network covers 99% of the American population, and more than 230 million people are already covered by its 5G network.
Verizon has been raising its payout annually and currently offers an annual dividend yield of 5.3% — a very generous amount in today’s market.
Business is growing, too. The company’s wireless segment brought in $18.3 billion of revenue in Q1, representing a 9.5% increase year-over-year. Operating revenue totaled $33.6 billion, up 2.1% year-over-year.
Despite Verizon’s solid business and rising dividend payouts, its shares have slipped 13.7% over the past 12 months. With most of the market looking expensive by historical standards, Verizon could give contrarian investors something to think about.
Ellington Financial (EFC)
If Verizon’s 5% yield still isn’t juicy enough for you, check out Ellington Financial.
Headquartered in Old Greenwich, Conn., Ellington Financial has a portfolio of financial assets that provide it with a predictable income stream. It then passes those profits to shareholders through monthly dividends.
The company’s investments include residential and commercial mortgage loans, mortgage-backed securities and consumers loans among others.
While Ellington isn’t a widely followed financial play, it stands out in today’s market due to the sheer size of its payout. With a monthly dividend rate of 15 cents per share and a current stock price of $16.22, the company offers a staggering annual yield of 11.1%.
In Q4 of 2021, Ellington Financial generated core earnings of $24.9 million, or 44 cents per share. Its book value per share at the end of December was $18.39.
Sign up for our MoneyWise newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.
More from MoneyWise
- Kevin O’Leary says ‘you’re actually losing money’ in a bank account — do this simple thing with your hard-earned cash instead
- Jim Rogers: Next bear market will be ‘worst in my lifetime’ — he'll rely on 3 assets
- Robert Kiyosaki says we're already in a 'technical depression' — he's using these 3 assets for protection
Get a piece of commercial real estate
Enhance your portfolio with high-return commercial real estate
First National Realty Partners is the #1 option for accredited investors seeking superior risk-adjusted returns in the grocery-anchored necessity-based retail space.
While commercial real estate has always been reserved for a few elite investors, outperforming the S&P 500 over a 25-year period, First National Realty Partners allows you to access institutional-quality commercial real estate investments — without the leg work of finding deals yourself.
Invest with First National Realty Partners now.