Greatest Dividend Shares To Purchase In October 2024? 2 In Focus


Dividend investing focuses on shopping for shares in firms that commonly distribute a portion of their income to shareholders. These firms are usually well-established, with secure money flows and powerful market positions. Dividend shares can supply each common revenue and potential capital appreciation. This funding technique has gained reputation amongst traders in search of regular revenue streams.
Investing in dividend shares provides a number of potential advantages for long-term traders. Common dividend funds can present dependable revenue, significantly helpful throughout retirement. Many dividend-paying firms enhance their payouts over time, serving to fight inflation. Dividend shares usually present much less volatility than development shares. Nevertheless, dividend investing additionally has drawbacks. Firms can minimize or droop dividends throughout robust occasions. Excessive dividend yields would possibly sign underlying enterprise issues. Dividend shares might supply decrease development potential in comparison with different investments.

When deciding on dividend shares, look past simply the dividend yield. Look at the corporate’s dividend fee historical past and payout ratio. Take into account the corporate’s potential to take care of and develop dividend funds. Consider the enterprise mannequin and aggressive place of their trade. Pay attention to how rate of interest modifications would possibly have an effect on dividend shares. That being mentioned, let’s have a look at two dividend shares that reported earnings within the inventory market in the present day.

Dividend Shares To Watch At the moment

  • United Parcel Service Inc. (NYSE: UPS)
  • Honeywell Worldwide Inc. (NASDAQ: HON)

United Parcel Service (UPS Inventory)

First off, United Parcel Service Inc. (UPS) is among the world’s largest bundle supply and provide chain options firms. They function an unlimited community of floor and air transportation providers throughout greater than 220 international locations and territories. UPS gives a variety of logistics providers, together with freight forwarding, customs brokerage, and specialised transportation options. Because it presently, stands, the corporate provides its shareholders an annual dividend yield of 4.74%.

At the moment, Thursday, United Parcel Service introduced its most up-to-date third-quarter 2024 monetary outcomes. Intimately, the corporate posted Q3 2024 earnings of $1.76 per share, together with income of $22.25 billion. This got here in higher than consensus estimates for the quarter which have been earnings of $1.65 per share, and income estimates of $22.23 billion.

Yr-to-date, shares of UPS inventory have pulled again by 13.16% up to now. In the meantime, on Thursday morning, UPS inventory opened larger up 4.56% on the day, presently buying and selling at $137.48 a share.

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Honeywell Worldwide (HON Inventory)

Honeywell stock

Following that, Honeywell Worldwide Inc. (HON) is a world expertise and manufacturing firm working throughout a number of sectors. They produce a variety of merchandise together with aerospace methods, constructing applied sciences, efficiency supplies, and industrial automation options. Honeywell serves prospects starting from massive companies and governments to particular person shoppers. At the moment, HON provides its shareholders an annual dividend yield of two.15%.

Transferring alongside, in the present day, Thursday, Honeywell Worldwide additionally reported its third quarter 2024 monetary outcomes. Getting proper to it, the corporate notched in Q3 2024 earnings of $2.58 per share, with income of $9.73 billion. That is versus Wall Road’s consensus estimates for the quarter, which have been earnings per share of $2.50, on income estimates of $9.90 billion.

In 2024 so far, shares of HON inventory are up modestly by 0.74% YTD. Furthermore, throughout Thursday morning’s buying and selling session, Honeywell Worldwide inventory is buying and selling pink on the day up to now by 4.58%, at $210.24 a share.

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Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | information@stockmarket.com



Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | information@stockmarket.com



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