20 Best Dividend Stocks for 2019

Today, it's not so easy to generate cash flow. Bond yields are at record lows with the 10 year hitting 1.46% and the 30 year hitting 1.94% and real estate has much higher barriers to entry for the beginning investor. So where do you turn to generate yield? High paying dividend stocks!

Today, I'm going to tell you some of the best dividend stocks you can buy in 2019.

Cash flow is the name of the game when building wealth. I would say that the three most common ways that people build streams of income (cash flow) are real estate, bonds, and dividend-paying stocks.

Today, it's not so easy to generate cash flow, bond yields are at record lows with the 10 year hitting 1.46% and the 30 year hitting 1.94% and real estate has much higher barriers to entry for the beginning investor.

So where do you turn to generate yield? High paying dividend stocks.

Personally, in my account, I have been trimming back some of my exposure such as:

• BAC
• BX
• JPM
• EEM
• GE
• NFLX
• PANW
• PFPT
• SQ
• TSLA
• FXI

I think that a recession is coming within 18 months, we are seeing global PMIs at their lowest levels in years and many economies are already teetering on a recession. Just check out this list of countries with negative or no QoQ GDP growth!

Not to mention the 2-10 yield curve inverted a few weeks ago signaling that a recession is in our future.

(the red horizontal line is inversion and the grey vertical lines are a recession.)

If a recession is coming (which I think it is) than dividend stocks will be even more important to help you generate income through a bear market and come out on top.

I moved some money into XLU because of this, it's a utility ETF that pays 2.96% and performs well during bear markets.

Here is a chart of XLU in blue and the SPY in black, the XLU is out preforming the SPY by a staggering 13.7%!!

That's huge, but why? Because people can't get any yield in the bond market and people are possibly preparing for a sluggish market.

And you better believe dividend stocks are acting the same way.

Here are 20 of the best dividend stocks for 2019 spread between two sectors (Utilities and Consumer Staples). These will give you great cash flow above what a US treasury will give you.

Utilities  

Pretty much the only reason to own utility stocks is for their dividends and stability. They don't really innovate that much or have large earning swings. They provide a service that everyone needs all the time.

When a recession comes what's the first thing that you might cut out?

Maybe you don't buy the new iPhone, a new Louis Viton handbag, or travel as much.

But you know what you will definitely still pay are utilities… who wants to freeze in the winter! Because of this utilities are perfect to own in rocky times, you know you will still get paid.

Here are 10 top dividend stocks in the utility sector.  

PPL Corp (PPL)

Oneok (OKE)

Dominion Energy (D)

The Southern Company (SO)

Duke Energy (DUK)

CenterPoint Energy (CNP)

The AES Corporation (AES)

FirstEnergy Corp (FE)

Exelon Corporation (EXC)

Sempra (SRE)

Consumer Staples

Here are 10 dividend stocks in the consumer staple sector that will pay you great consistent dividends.  

Proctor and Gamble Company (PG)

Coca-Cola Company (KO)

PepsiCo (PEP)

Phillip Morris (PM)

Altria Group (MO)

Mondelez International (MDLZ)

Colgate-Palmolive (CL)

General Motors (GM)

Kimberly-Clark (KMB)