FX.co ★ Top 3 stocks to soar despite inflation

Home Depot

Experts consider Home Depot, an American network giant specializing in the production of goods for home repair and improvement, to be the leader among companies that are resilient against inflation. Over the past 10 years, the company's dividend payments have increased by an average of 22% per year. Analysts believe that in the next 10 years, Home Depot will maintain the same expansion pace. The company has modernized its network of stores, improved digital services as well as services for large commercial customers. Thanks to these upgrades, Home Depot has entered a strong growth cycle. Notably, the overheating of the real estate market only contributes to a rise in sales of goods for housing renovation and decoration. The quarterly dividend payments from Home Depot amount to $1.65 per share, while the dividend yield is 2%. The company allocates 50% of its profit to dividend payments. In 2021, Home Depot shares surged by 20%. Yet, the sky's the limit.

Starbucks

The second position on this list is occupied by the global chain of coffee shops, Starbucks. Investors who are betting on this undisputed leader in its niche are sure to receive dividends that grow annually. Over the past five years, Starbucks has increased its dividend payments by more than 20%. The company's management carefully monitors the timely return of funds to shareholders. Quarterly dividend payments total $0.45 per share, while the dividend yield is 1.57% per annum. The company's sales and profits plunged significantly during the COVID-19 pandemic, although Starbucks managed to regain its position. In the current financial year, analysts expect sales to grow to $28.5 - $29.3 billion. If the strong pace of economic recovery continues, the company will reap a hefty profit. During the pandemic, the Starbucks dividend payout ratio lifted up sharply, although it remained near 50% for a long time. According to analysts, investments in the coffee giant are suitable for speculators focused on the stable income. Experts have recorded a steady and stellar rally in Starbucks shares, which have sent stocks up by 60% over the past 12 months. With sales recovering and cash flows improving, investors may receive decent dividend payments from the coffee shop giant.

Microsoft Corporation

Microsoft Corporation closes the top 3 list of companies that are resistant to rising inflation. The big tech corporation has proved more than once that it is able to generate revenue thanks to its high quality products despite the market situation. The Windows operating system and Office software are always in high demand. Besides, apart from amassing net profit, the company shows steady performance every year. Microsoft currently pays a dividend of $0.56 per share on a yield of just under 1%. Over the past 5 years, the amount of payments has grown by 10% annually, which is ahead of inflation growth. According to analysts, Microsoft is in a phase of strong expansion, demonstrating the potential for further growth. For the third fiscal quarter of 2021, the IT giant's revenue jumped by 19%, to $41.7 billion, which is the strongest quarterly result in the last 3 years. At the same time, Microsoft's profit soared by 44%, to $15.5 billion. This year, Microsoft's stocks have risen by more than 25%, although in 2020 they gained 40%.