Top Dividend Stocks 2024 (2014-2024)
"Only buy something that you'd be perfectly happy to hold if the market shut down for ten years."
— Warren Buffett
This famous quote from Warren Buffett got us to thinking: what if an investor had purchased prominent top dividend stocks a full decade ago, and simply held on (and reinvested all dividends) through all the ups and downs, to present day 2024?
To find such a group of "top dividend stocks" we looked through the components of the S&P 500 index (all of those component companies certainly are considered "top" businesses in the country), and then we screened those constituents for a minimum dividend yield of 1%.
We next took the list of companies that passed this screen and proceeded to calculate the ten year total returns (with dividends reinvested), for each top dividend stock, to find out what level of total return an investor would have enjoyed had they bought that top dividend stock a full decade ago and then pretended that the market was shut down — i.e. ignored all of the daily ups and downs of the market and just held on to those top dividend stocks of theirs, in the spirit of the quote shown earlier from Warren Buffett.
In this top dividend stock slideshow to follow, we present to you the ten top dividend stocks of 2024 (held from 2014 - 2024), i.e. the top ten dividend stocks resulting from the aforementioned exercise. Continue below to see the 2024 top dividend stock results: