Dividends4Life: 6 Blue-Chip Dividend Stocks to Buy in 2016

6 Blue-Chip Dividend Stocks to Buy in 2016

Posted by D4L | Saturday, January 09, 2016 | | 0 comments »

Ten years ago, independent analyst Harry Domash focused mainly on growth stocks. He tracked dividend stocks but didn't take them very seriously, terming them "mattress stuffers." But "by the time the smoke cleared, the dividend stocks did the best, though the 'rockets' got all the attention," Domash says. That analysis – combined with the market crash of 2008 – persuaded Domash, based in Santa Cruz, California, to concentrate solely on dividend stocks

Domash has identified these six dividend stocks that are well-positioned to deliver steady growth and consistent cash flow: Ford Motor Co. (F), which pays 4.2 percent; AbbVie (ABBV) pays a 4 percent dividend; Kraft Heinz Co. (KHC) pays 3.2 percent; Target Corp. (TGT) yields 3 percent; Mattel (MAT) pays a relatively high dividend – 5.5 percent; Wells Fargo & Co. (WFC) pays 2.7 percent and is likely to keep it up.

Source: U.S. News & World Report

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