Jenny Harrington's Top 4 Dividend Stock Picks for 2026

Top Dividend Stock Picks for 2026

• 🎯 Jenny Harrington, CEO of Gilman Hill Asset Management, shares four diverse dividend stock picks for the upcoming year: a REIT, a material, an energy, and a healthcare stock.
• 💡 These selections aim to provide safe dividend income regardless of market performance, with most offering around a 6% yield, except Bristol Myers at 4.5%.
• 💰 All chosen stocks are trading around 10 times earnings and are expected to have decent earnings growth, with Bristol Myers' growth projected further out.

Individual Stock Highlights

• 📦 Amcor is highlighted as a dividend aristocrat, currently unappreciated, with significant earnings growth expected from its merger integration.
• ⚕️ Bristol Myers is seen as a beneficiary of increasing clarity in the healthcare and drug pricing conversation, despite its earnings growth being further out.
• ⛽ Enbridge, a major pipeline company, is recommended for its role in collecting income from energy demand, without focusing on oil and gas price cycles.
• 🎰 Vichy, a REIT primarily owning casinos, is noted for its 100% occupancy during the pandemic and its attractive valuation, trading down 10% from its recent high.

Market Considerations and Yield Strategy

• 📈 The discussion touches on the impact of higher interest rates on dividend stocks, with Harrington arguing that dividends remain favorable for income needs, especially when compared to current Treasury yields.
• ⚠️ A key challenge identified is managing company debt portfolios and understanding how upcoming maturities will be repriced in a higher-rate environment, impacting interest expenses and earnings.
• 📊 The strategy focuses on achieving a dividend yield of 5% or better, with historical dividend income growth around 5.5%, aligning with the need for income that keeps pace with GDP.