Looking for some high-dividend stocks to add to your portfolio this August? Look no further! Here are two top picks that are definitely worth considering.
1. AT&T (T)
AT&T is a well-known telecommunications company that has been paying dividends for over 30 years. With a current dividend yield of around 7%, AT&T offers a solid income opportunity for investors. Despite facing some challenges in recent years, such as competition in the wireless market, AT&T has been working to diversify its business and invest in new growth areas. The company’s strong cash flow and commitment to returning value to shareholders make it a compelling investment option for those seeking high dividends.
2. Exxon Mobil (XOM)
Exxon Mobil is a major player in the oil and gas industry, with a dividend yield of around 5%. The company has a long history of paying dividends and has a strong balance sheet to support its dividend payments. While the energy sector has faced some headwinds in recent years, Exxon Mobil has been taking steps to improve its operational efficiency and reduce costs. With a focus on maintaining its dividend payments, Exxon Mobil remains an attractive option for income investors looking for stable returns.
In conclusion, AT&T and Exxon Mobil are two high-dividend stocks that are worth considering for investors looking to add income-generating assets to their portfolios. With their solid dividend yields and commitment to returning value to shareholders, these companies are certainly screaming buys in August.