4 Dividend Stocks to Double Up on Right Now -- Including United Parcel Service and Pfizer

Core Viewpoint - Dividend-paying stocks can provide regular income and potential stock price appreciation, often overlooked by investors focused on high-growth stocks [1] Dividend Performance Summary - Dividend growers and initiators have an average annual total return of 10.24% from 1973 to 2024, while dividend payers yield 9.20%, and non-payers yield only 4.31% [3] Company Summaries Realty Income - Realty Income (O) has a dividend yield of 5.5% and is a REIT that pays dividends monthly, having paid dividends for over 660 months [4][5] - The company owns 15,600 leased properties across 91 industries, with major clients including 7-Eleven and Home Depot [6] - Realty Income's forward P/E ratio is 37, below its five-year average of 42, indicating attractive valuation [6] Pfizer - Pfizer (PFE) offers a dividend yield of 6.8%, with recent stock price declines attributed to reduced demand for Covid-19 products and patent expirations [7] - The company has a strong drug pipeline, with over 50 programs and a focus on oncology, and reported a 10% year-over-year revenue increase [7] - Pfizer's forward P/E ratio is 8.2, significantly below its five-year average of 10.1, suggesting appealing valuation [7] Verizon Communications - Verizon (VZ) has a dividend yield of 6.1% and extensive infrastructure, including over a million miles of fiber and 146.1 million wireless retail connections [8][9] - The company faces challenges with subscriber growth but generates substantial free cash flow of approximately $20 billion over the last year [9] - Verizon's forward P/E ratio is 9.3, close to its five-year average of 9.0, indicating reasonable valuation [10] United Parcel Service - United Parcel Service (UPS) has a dividend yield of 7.5%, with recent share price declines due to various operational challenges [11][12] - The company is addressing issues such as reduced online shopping demand and higher employee costs, with a focus on strategic initiatives for long-term growth [12][13] - UPS's commitment to improving financial performance suggests potential for recovery and growth [13]