3 High-Yield Dividend Stocks to Buy Right Now

NASDAQ: VOD | Vodafone Group PLC ADR News, Ratings, and Charts

VOD – Amid the persisting market volatility on concerns over high inflation and a looming recession, we think it could be wise to invest in fundamentally strong dividend-paying stocks Vodafone Group (VOD), Gilead Sciences (GILD), and BHP Group (BHP) for a steady income stream. Read more….

The stock market has had a tumultuous year, fostering fears of a potential recession among investors due to the soaring inflation and the Fed’s aggressive interest rate hikes. According to the World Bank, the global economic growth is expected to fall to 2.9% in 2022, from 5.7% last year.

Since the market volatility is not expected to ease anytime soon, investors shift toward dividend stocks to dodge the market risks. According to CNBC’s June survey, nearly 42% of the respondents said they would likely invest in dividend-paying stocks for the rest of the year.

Investing in quality dividend-paying stocks could help investors cushion their portfolios against market volatility and generate a steady income stream. Investors’ interest in dividend stocks is evident in the iShares Core High Dividend ETF’s (HDV) 5.4% returns over the past year.

Therefore, it could be wise to invest in quality dividend stocks Vodafone Group Public Limited Company (VOD), Gilead Sciences, Inc. (GILD), and BHP Group Limited (BHP). These companies possess an impressive history of paying dividends to their shareholders.

Vodafone Group Public Limited Company (VOD)

Headquartered in Newbury, the United Kingdom, VOD is a connectivity and digital services provider. It offers mobile, fixed-line services such as broadband, television (TV), and convergence services under the GigaKombi and Vodafone One names.

VOD’s four-year average dividend yield is 6.83%, and its forward annual dividend of $0.91 per share translates to a 6.36% yield. The company announced a dividend of $0.46 per share, payable on August 05, 2022.

During the fiscal year ended March 30, 2022, VOD’s total revenue increased 4% year-over-year to €45.58 billion ($46.49 billion). Its operating profit increased 11.1% year-over-year to €5.66 billion ($5.77 billion). The company’s net profit grew 389.6% from the year-ago value to €2.62 billion ($2.68 billion), while its EPS grew 1,786.8% from the prior-year quarter to 7.17c.

Analysts expect VOD’s revenue for fiscal 2023 to increase 1.1% year-over-year to $47.51 billion. Street expects its EPS to increase 72.2% per annum over the next five years. The stock has declined 3.7% year-to-date to close the last trading session at $14.38.

VOD’s POWR Ratings reflect solid prospects. It has an overall rating of B, translating to a Buy according to our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

It has an A grade for Growth and a B for Value and Stability. It is ranked #11 out of 47 stocks in the A-rated Telecom – Foreign industry. Click here to see the other ratings of VOD for Momentum, Sentiment, and Quality.

Gilead Sciences, Inc. (GILD)

GILD is a biopharmaceutical company focusing on developing and commercializing medicine for treating life-threatening diseases, including HIV, viral hepatitis, and cancer.

On August 4, 2022, GILD announced that it would acquire MiroBio, a U.K.-based biotechnology company. This acquisition provides the company with MiroBio’s unique platform technology and pipeline of immune checkpoint agonists. Its scientific approach to restoring immune balance for treating autoimmune diseases complements GILD’s inflammation research and development strategy.

GILD has been paying dividends for six consecutive years. Its dividend payouts have grown at a 6.3% CAGR in the past three years and a 7.8% CAGR in the past five years. Its forward annual dividend translates to a 4.72% yield, while its four-year average yield is 3.90%.

For the fiscal second quarter ended June 30, 2022, GILD’s total revenue increased marginally year-over-year to $6.26 billion. The company’s total product sales excluding Veklury increased 7% year-over-year to $5.69 billion.

For the quarter ending December 31, 2022, GILD’s EPS is expected to increase 104.4% year-over-year to $1.41. It has surpassed the EPS estimates in three of the trailing four quarters. Over the past three months, the stock has lost marginally to close the last trading session at $61.91.

GILD’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall B rating, translating to a Buy in our proprietary rating system.

It has an A grade for Value and a B for Sentiment and Quality. Out of the 401 stocks in the Biotech industry, it is ranked #8. To see the other ratings of GILD for Growth, Momentum, and Stability, click here.

BHP Group Limited (BHP)

Headquartered in Melbourne, Australia, BHP operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. It operates through Petroleum, Copper, Iron Ore, and Coal segments.

On June 1, 2022, BHP CEO Mike Henry said, “The merger of our petroleum assets with Woodside creates a leading global energy company with the scale and opportunity to help supply the energy needed for global growth and development in a rapidly decarbonizing world. Our shareholders will now be exposed to assets in two organizations, BHP and Woodside, each with a clear focus, strategy, and value proposition.”

BHP’s four-year average dividend yield is 7.23%, and its forward annual dividend of $6 translates to an 11.29% yield. Its dividends have grown at 43.7% and 45.3% CAGRs over the past three and five years, respectively.

For the half year ended December 31, 2021, BHP’s revenues increased 27% to $30.53 billion. Its operating profit increased 50.1% year-over-year to $14.85 billion. Its EPS came in at $186.20, up 143.4% year-over-year. Also, its profit after tax from continuing and discontinued operations came in at $10.51 billion, up 117.6% year-over-year.

For fiscal 2022, BHP’s revenue is expected to increase 7.9% year-over-year to $65.60 billion. Over the past month, the stock has declined 1.8% to close the last trading session at $53.13.

BHP’s POWR Ratings reflect this promising outlook. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system. It has a B grade for Stability and Quality.

Within the B-rated Industrial – Metals industry, it is ranked #2 out of 36 stocks. To see the other ratings of BHP for Growth, Value, Momentum, and Sentiment, click here.


VOD shares were trading at $14.65 per share on Friday morning, up $0.27 (+1.88%). Year-to-date, VOD has gained 0.84%, versus a -12.84% rise in the benchmark S&P 500 index during the same period.


About the Author: Shweta Kumari


Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions. More...


More Resources for the Stocks in this Article

TickerPOWR RatingIndustry RankRank in Industry
VODGet RatingGet RatingGet Rating
GILDGet RatingGet RatingGet Rating
BHPGet RatingGet RatingGet Rating

Most Popular Stories on StockNews.com


:  |  News, Ratings, and Charts

Recession or Not Recession…That Is the Question

Every investor appreciates that recessions and bear markets go hand in hand. But the definition of a recession often seems more difficult to pin down. So are we in a recession? And if not, then does that mean that disaster has been averted or that the pain train is still rolling towards investors? This is an important debate because it helps us appreciate what lies ahead for the stock market (SPY). We will tackle this vital topic in this week's commentary. Read on below...

:  |  News, Ratings, and Charts

3 Active Stocks on Wall Street to Buy Right Now

Even though the U.S. stocks ended July with decent gains, growing recession fears could keep the stock market under pressure in the near term. However, despite the current market headwinds, it could be wise to invest in fundamentally sound stocks, Microsoft (MSFT), SIGA Technologies (SIGA), and Fortinet (FTNT), which have been active on Wall Street lately. Read on to learn more…

:  |  News, Ratings, and Charts

4 Big Reasons Why the Bear Rally Is Nearing an End…

The Stock Market (SPY) has put on an impressive rally over the last few weeks, leading many investors to believe that the bull is ready to resume its run. However, there are multiple reasons to believe the bear market is far from over. I lay out 4 of the main reasons below and explain how you can profit from the volatile markets that lie ahead. Read on below for more…

:  |  News, Ratings, and Charts

2 Winning Stocks to Pay Attention to This Week

Concerns over soaring inflation, the Fed’s aggressive interest rate hikes, the decline in GDP for two consecutive quarters, and a potential recession are expected to keep the stock market under pressure in the near term. Fundamentally sound and winning stocks Murphy USA (MUSA) and JAKKS Pacific (JAKK) could be good additions to your watchlist as investors prepare for a busy week of inflation data. Let’s discuss…

:  |  News, Ratings, and Charts

4 Big Reasons Why the Bear Rally Is Nearing an End…

The Stock Market (SPY) has put on an impressive rally over the last few weeks, leading many investors to believe that the bull is ready to resume its run. However, there are multiple reasons to believe the bear market is far from over. I lay out 4 of the main reasons below and explain how you can profit from the volatile markets that lie ahead. Read on below for more…

Read More Stories

More Vodafone Group PLC ADR (VOD) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All VOD News