This Fertilizer Company Is Set To Pay Out Whopping $10.5 Dividend Next Week: What Else To Watch Out For

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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