Stocks

The 2023 Inaugural Dividend Achievers: Spotlight on 5 Companies

Published January 21, 2024

As the new year unfolds, investors are keenly looking for opportunities to enhance their income streams through dividends. In the dynamic landscape of the stock market, fresh opportunities are emerging for shareholders in the form of companies that are beginning to pay back their investors with regular dividends.

Meritage Homes Corporation - MTH

Headquartered in Scottsdale, Arizona, MTH specializes in designing and building single-family homes across the United States. With a robust housing market, MTH stands as a solid example of a company stepping forward to reward its shareholders with dividend payments.

Endeavor Group Holdings, Inc. - EDR

An entertainment titan with its roots in Beverly Hills, California, EDR operates across sports, events, and content domains internationally. The company's diverse and influential presence marks it as a potentially attractive dividend payer for investors seeking exposure to the entertainment industry.

Starbucks Corporation - SBUX

The Seattle-based global coffee empire, SBUX, represents a hallmark of the coffee culture wave in the U.S. With its expansive network of coffeehouses, SBUX serves up more than just coffee, as it begins to serve dividends, offering an aromatic blend of income to its investors.

HealthStream, Inc. - HSTM

HSTM provides comprehensive solutions for healthcare organizations in Nashville, Tennessee. As healthcare continues to be a critical sector, HSTM's initiative to offer dividends could reflect the company's commitment to sharing its growth and prosperity with its shareholders.

PHINIA Inc. - PHIN

From Auburn Hills, Michigan, PHIN is at the foremost front of developing critical components for fuel injection systems. As the automotive industry evolves, PHIN's entry as a dividend-paying entity might fuel investor enthusiasm for a share of the profits in this sector.

dividend, income, investment