Dividends4Life: June's Top Dividend Stock

June's Top Dividend Stock

Posted by D4L | Tuesday, June 01, 2010 | | 0 comments »

It has been a brutal May for most investors. The Dow is down about -10% so far as of the opening bell today, the S&P 500 is down -11% and the Nasdaq off -12%. Low risk trading strategies are crucial to stock investing as a result of these harsh stock market conditions. The best investment strategy is investing money in the best stock picks that pay you no matter what happens to the broader indexes.

My recommendation to you: Hide out in great blue chip stocks with upside potential for shares and a healthy dividend to help you ride things out when the market gets rocky. My top stock along these lines for June is Dr. Pepper Snapple Group (DPS). DPS products include not just its namesake drinks but also Yoo-hoo chocolate milk, to Penafiel mineral water sold in Mexico and a host of other beverages. When the company announced its earnings for the first quarter, during the May 6 massive sell-off, it was one of the few companies to end the day up thanks to both increased revenue and positive earnings. This shows me that Dr. Pepper Snapple has staying power.

Source: NASDAQ

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