3 Top Dividend Stocks for 2020

As I’ve expected for years, investors have started flocking toward top dividend stocks. Will this trend continue in 2020? It’s hard to say. No one can predict the fickle tastes of the investing public from year to year. But you could do worse than stash your cash in a collection of top dividend stocks. To help get you started in your research, I have highlighted my favorite income stocks for 2020.Over the past few months, they have begun fleeing cryptocurrencies and marijuana stocks. In other words, investors have moved away from the speculative types of securities that have led the market higher in recent years.

Deere & Company (NYSE:DE) will be happy to put 2019 behind it. The tractor maker’s main customers, farmers, have dialed back spending due to low crop prices and a global trade war. Deere pays a quarterly dividend of $0.76 per share, which comes out to an annual payout of 1.8%. Walt Disney Co (NYSE:DIS) disappointed investors at the end of November. In a press release to shareholders, management said they would not raise the company’s dividend. Disney’s semi-annual distribution will remain unchanged at $0.88 per share, which comes out to a yield of 1.2%. In 2018, I practically begged subscribers of my paid advisory Passive Monthly Income to pay attention to Brown-Forman Corporation (NYSE:BF.A, NYSE:BF.B). I called those fears overblown and predicted that the company would surprise everyone in 2019. But to see its shares up 30% for the year? Even I didn’t see that coming.

Source: Income Investors

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