20 of Wall Street’s Newest Dividend Stocks

Many companies have cut or killed their cash distributions in 2020, but these new dividend stocks have either started or kept up freshly initiated payouts.

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To say that 2020 has been full of surprises would be the understatement of the year.

Companies that might have seemed safe prior to the pandemic, such as conservative real estate investment trusts (REITs), were suddenly found to be risky when their tenants could no longer pay the rent. And flashy tech stocks – which in a more normal world might have seemed risky – suddenly found themselves selling mission-critical services.

Disclaimer

Data is as of July 23. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price.

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