When it comes boring dividend stocks, nothing could be more unexciting than corn flakes. Specifically, Kellogg’s (K) corn flakes. K stock has been a steady performer on the dividend stock front for years — powered by boring corn flakes. And yet, there’s still plenty of growth for the firm. All in all, investors looking for a high-yielding dividend stock, K shares could be it.
While organic growth in its core North American cereals business has roughly flat-lined since the end of 2012 — and actually declined slightly during the last quarter — it still produces plenty free cash flows to help fund its dividend and other endeavors. That’s the boring part of K stock. But the growth for Kellogg isn’t coming from breakfast cereal. It’s coming from snack and natural food products — both in the U.S. and overseas.
Source: InvestorPlace
Related Articles:
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth
- The Most Important Financial Statement When Selecting Dividend Growth Stocks
- 5 Five-Star Dividend Stocks
- 5 Dividend Stocks Delivering The Secret To Successful Investing
- Mid-Year 2014 Top And Bottom Performing Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.