Utility stocks for generations have been sources of high dividends. Since utilities collect stable cash payments from customers, and customers need power in good times and bad, utility companies can often afford to pay the biggest dividend yields of almost any industry.
And that's why, when you're buying any income-producing investment ranging from preferred stock to utilities, don't forget the important lesson of diversification. Rather than adding more money to Progress, why not spread your investment over several other utilities operating in other parts of the country? You might also consider investing in an exchange-traded fund that owns a broad basket of companies paying relatively high dividend yields.
Source: USA Today
Related Articles:
High-dividend stocks are ok, but don't forget diversification
Posted by D4L | Tuesday, August 03, 2010 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
When looking for dividend stocks to invest in, it is advisable to choose companies that have strong dividend histories and stable balance sh...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.