Four dividend-yielding stocks that could potentially double in value at this moment, featuring United Parcel Service and Pfizer.

Four Stocks with Dividends Worth Doubling Currently - Featuring United Parcel Service and Pfizer

In the world of business, some companies stand out for their consistent performance and attractive dividends. Let's take a closer look at Realty Income, Pfizer, and Verizon Communications, three such dividend giants.

Realty Income, a real estate investment trust (REIT), has been a reliable performer for investors. Led by CEO Sumit Roy and CFO Jonathan Pong, the company has maintained its strong dividend performance with a track record of 662 consecutive monthly dividends and 30 straight years of dividend increases. Realty Income, which owns and leases properties across 91 different industries in various countries, boasts 15,600 leased properties.

Pfizer, a pharmaceutical powerhouse, offers a dividend yield of 6.8%. The company has solid growth potential with over 50 programs, 80+ clinical trials worldwide, and 40% of its R&D budget dedicated to oncology. Pfizer's second-quarter earnings report showed revenue up 10% year over year and adjusted EPS up 30%. However, the stock has seen a downturn due to reduced demand for its Covid-19 vaccines and treatments, and concerns about patent protections expiring for some of its big sellers.

Verizon Communications, with a dividend yield of 6.1%, owns more than a million miles of fiber and covers nearly 100% of the U.S. with 4G LTE. The company has 146.1 million wireless retail connections. While Verizon Communications is carrying a lot of debt, it generates roughly $20 billion in free cash flow over the last year. However, the company is currently facing challenges such as decreased consumer shopping, higher employee costs, tariff-related economic disruptions, and a decision to shrink its business with Amazon.com.

Investors seeking dividends have a wealth of options beyond these three companies. There are plenty of other attractive dividend payers and dividend-focused exchange-traded funds available.

It's worth noting that the average annual total return for dividend non-payers from 1973-2024 is 4.31%. In contrast, the average annual total return for dividend growers and initiators is 10.24%, and for dividend payers, it is 9.20%. The equal-weighted S&P 500 index average annual total return from 1973-2024 is 7.65%.

CEOs of these companies are confident about their future. Realty Income's CEO expresses optimism about the company's strategic initiatives, positioning it for stronger long-term financial performance and enhanced competitive advantage. United Parcel Service CEO Carol Tomé shares similar sentiments, stating that the company is making meaningful progress on its strategic initiatives. Pfizer's CFO is confident in the company's ability to execute against its strategic priorities and deliver strong results for shareholders.

In conclusion, while these companies face challenges, their strong dividend performances and growth potential make them attractive options for investors seeking reliable income and long-term growth.