4 Dividend Stalwarts

Posted by D4L | Monday, April 16, 2012 | | 0 comments »

One thing we can be sure about is the direction interest rates will go next. It has to be up. It's less certain how fast they will move and how long the move will last, but we've seen rates start to move a little bit recently. The yield on 10-year U.S. Treasuries rose from 1.87% at the end of last year to a high of 2.4% last month; it is currently around 2.2%. Does the prospect of higher interest rates make dividend-paying stocks less attractive? No.

Here are four U.S. blue chips worth a look because they have solid yields, strong histories of raising dividends and promising outlooks: General Mills (GIS), Campbell Soup (CPB), Occidental Petroleum (OXY) and Illinois Tool Works (ITW).

Source: Market Watch

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