The U.S. recovery has stalled and economic indicators are pointing downwards, but investors selling out of the market now are doing so at a low. Investors that are adverse to risk and looking for relatively safe bets that pay a healthy dividend may want to check out these three defensive dividend stocks…
Colgate-Palmolive Company (CL) provides toothpaste and other consumer goods that are the staples of society and pays a healthy 2.55% dividend yield. While people may be cutting back on their spending, it is unlikely that they will cut back on the necessities provided by this company, making it a relatively safe and diversified play that pays a nice dividend. Last quarter, the consumer products company reported net sales that increased 9.5% due to favorable currency changes, steady selling prices, and growth in Latin America and Europe. However, net income fell from $0.97 per share to $0.69 per share year-over-year due to a one-time charge related to hyperinflationary accounting in Venezuela – excluding that it was up 25% to $1.21 per share.
Source: Sumfolio.com
Related Articles:
Dividend Growth Stocks News
- Rs 159 Dividend Stocks: 14 companies' shares to trade ex-date today (May 30, Friday) – Full List - ET Now - 5/30/2025
- Want More Money? These 3 High-Yield Dividend Stocks Are on Track to Give You a Raise Every Single Quarter. - MSN - 5/29/2025
- 15 Best Dividend Stocks to Buy for Long-Term Passive Income - Insider Monkey - 4/25/2025
- 3 Covered Calls On Dividend Stocks To Add Even More Income Now (NYSE:PM) - Seeking Alpha - 5/29/2025
- My Forever Portfolio: 5 Spectacular Dividend Stocks You Can Buy Now and Hold Forever - The Motley Fool - 5/29/2025
- AFLAC Incorporated (AFL) Dividend Stock Analysis - 5/23/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
Defensive Dividend Stocks for Retirees
Posted by D4L | Friday, July 23, 2010 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.