Dividend stocks can be an important part of any balanced portfolio. In addition to the dividend income they generate, they can also be fairly stable long-term investments, and they can reduce your overall risk. For a company to generate consistent dividend income, it must have confidence in its ability to continue to grow and perform well.
This month, here are the three best dividend stocks that I think investors can add to their portfolios without any worries. AbbVie (ABBV +0.76%), Verizon Communications (VZ 1.12%)And canadian natural resources (CNQ +1.32%). That’s why they could be excellent stocks to load up on right now.
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AbbVie
Pharmaceutical giant AbbVie has been an excellent dividend growth stock for years. The good thing about the business is that it has managed to balance growing its business while also growing its dividend. with dividend stockYou often have to give up growth opportunities in exchange for a dividend, but that’s not the case with AbbVie.
In 2020, it completed a massive $63 billion acquisition of Allergan, helping it expand its growth prospects and add Botox to its portfolio in the process. The healthcare company needed a way to move forward after its best-selling drug Humira lost patent protection, and AbbVie has been successful in doing so. The company has a strong portfolio of drugs today, and in its most recent period, which covered the first three months of 2026, its revenue grew more than 12%.
today’s change
(0.76%) $1.56
current price
$208.16
key data points
market cap
$365B
day limit
$204.87 -$208.34
52wk range
$176.57 -$244.81
volume
4.6M
average volume
7.2 m
gross margin
83.17%
dividend yield
3.26%
AbbVie pays out a dividend of about 3.4%, more than three times S&P 500 Average 1.1%. It has also increased its dividend by 33% over the last five years. The healthcare stock is down 9% this year, but it trades at an incredibly cheap valuation, with its forward price-to-earnings (P/E) multiple (which is based on analyst expectations) at just 14. For long-term dividend investors, the stock may be a bargain right now.
Verizon Communications
Verizon Communications offers an even higher yield at 5.9%. Even though the stock is up about 17% this year, it has declined in recent years, and so it’s still a pretty cheap buy. Its Forward P/E multiple is slightly less than 10.
It also has some exciting growth prospects as the company acquired Frontier earlier this year, which will expand its fiber reach and open up more growth opportunities. The company believes it will be “uniquely positioned to provide its customers with the best combined mobility and fiber experience across a significantly expanded footprint for mobile, home internet and other essential services.”
today’s change
(-1.12%) $-0.54
current price
$47.57
key data points
market cap
$203B
day limit
$47.33 -$47.88
52wk range
$38.39 -$51.68
volume
18m
average volume
30M
gross margin
45.50%
dividend yield
5.75%
Verizon has generally been a slow-growing business over the past few years, but with the Frontier acquisition, there are plenty of reasons to be excited about the company’s future growth prospects. Its business is stable, and it remains a good, reliable dividend stock, but adding Frontier to the mix certainly makes it an even better buy, especially for Investors want more growth. Verizon has also increased its payments by 13% over the past five years.
canadian natural resources
Canadian natural resources are on top Oil and Gas Reserves This can provide you with a potential hedge against inflation and economic uncertainty as well as a way to collect dividend income. This year, the stock has risen an incredible 40% due to high oil prices.
While a sharp increase in the stock price would adversely affect the yield, Canadian Natural Resources stock still pays 3.8%. And being in a strong position to benefit from rising oil prices, its Forward P/E also remains modest, at less than 14. Although oil prices may eventually decline, the uncertainty in the Middle East is not going away just yet. There is a possibility that if the war in Iran does not end soon, oil prices may increase further.
canadian natural resources
today’s change
(1.32%) $0.62
current price
$47.58
key data points
market cap
$98B
day limit
$46.60 -$47.72
52wk range
$27.93 -$51.34
volume
7.8M
average volume
12m
gross margin
23.18%
dividend yield
3.71%
But no matter what happens, this could become a top dividend stock to buy right now, as Canadian Natural Resources is a major crude oil and natural gas producer that has performed well even when oil prices have been low. It is paying dividends even in challenging times. This year is the 26th consecutive year that it has increased its payout, and during this period it has achieved an average compound annual growth rate of about 20%.