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What are the top dividend stock picks for 2015?

A:

Quick Answer

As of 2015, the top dividend stock picks include Deere, U.S Bancorp, American Express and Goldman Sachs, according to The Street. The stock's dividend payouts have increased over the past year, rewarding the income-hungry investors in the market.

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Full Answer

The Deere Company deals with the manufacture of forestry and agriculture machinery with a dividend yield of about three percent. The company has maintained its quarterly dividend payments at 60 cents for over a year, which increased from 51 cents in the year 2014, indicating a 20 percent increase in the dividend payout to investors.

The U.S Bancorp is a financial service company that has a dividend yield of about two percent. An investor of the company enjoys an increase in its quarterly dividend payout of 25.5 cents from 24.5 cents on every share held. The company has been making quarterly distributions to its investors for over 15 years.

The American Express is a credit card and payment giant with a dividend yield of about one percent. The company increased quarterly payouts to investors to 29 cents from 26 cents per share held.

The Goldman Sachs comprises the Global investment bank, Investment Management Company and securities having a dividend yield of about one percent. The company makes dividend payments of 65 cents per share held, which is eight percent increase from last year’s sum of 60 cents.

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