As volatility continues to rock the market in the backdrop of the Federal Reserve's fight against sticky inflation, investors are trying to figure out better alternatives to boost returns.
What Happened: One such method is to find a good stock, potentially having a limited downside, that gives decent dividend payouts throughout the year.
See Also: Best Dividend Paying Stocks
Here's a look at a few names that are scheduled to pay some attractive dividends next week:
1. CVR Partners LP UAN: Shares of the fertilizer company closed 1.45% higher on Thursday at $98.51.
CVR Partners is scheduled to pay out $10.5 in dividend on Monday, according to data on Benzinga Pro. That leaves it with a forward dividend yield, extrapolated for the whole year, of 42.6%.
Even if one considers the trailing yield, the company has shelled out $19.32 in 2022 which is quite attractive.
2. Pioneer Natural Resources Co PXD: Shares of the company closed 1.13% lower on Thursday at $202.02. The company is scheduled to pay out $5.58 in dividends next week on Friday that leaves it with an impressive forward dividend yield of 11%.
Pioneer Natural Resources has paid a total of $25.44 in dividends last year. Meanwhile, the company's CEO Scott Sheffield said the U.S. will not hit a new record in oil production ever again given the constraints in refining capacity and inventory, according to a CNBC report.
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