Dividends4Life: Dividend Stocks With Yields of Steel

Dividend Stocks With Yields of Steel

Posted by D4L | Wednesday, November 02, 2011 | | 0 comments »

One of the bugaboos of dividend investing is the temptation to get involved in stocks that pay inordinately high dividends. To be sure, there are many companies for which those double-digit yields are totally safe for a while. However, if you are investing for retirement, or you just like to get those juicy deposits each month, or if you recognize the long-term benefit of reinvesting dividends and enjoying compounded growth, then you always want to evaluate the risk that the dividend you rely on is stable.

If a company announces a dividend cut, investors often not only lose that extra payout, but they also likely will experience capital losses as dividend investors bail on the stock. Here are seven companies that have such a long history of dividend payments and are so financially solid that they simply never will cut their dividends — and I do mean never: Coca-Cola (NYSE:KO), Exxon Mobil (NYSE:XOM), Merck & Co. (NYSE:MRK), DuPont (NYSE:DD), Kinder Morgan Energy Partners (NYSE:KMP), Novartis (NYSE:NVS) and Intel (NASDAQ:INTC).

Source: InvestorPlace

Related Articles:
- Increasing Dividend Yield Part VI: Time
- Increasing Dividend Yield Part V: MLPs
- Increasing Dividend Yield Part IV: Bonds
- Increasing Dividend Yield Part III: Preferred Stock
- Increasing Dividend Yield Part II: REITs

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