Europe's debt woes got you down? Looking for a safe place to hide in this increasingly ugly market? Treasuries may be stable. But with the 10-year yielding a paltry 1.71% -- barely above the all-time low from last year -- your income gets eaten up by even the currently meager rate of inflation. Gold? It's tanked along with stocks. And so much for Facebook (FB) being a 'can't miss investment.'
But investors willing to play some defense and move money to blue chip, dividend paying stocks may be rewarded. Chip Cobb, senior vice president and portfolio manager at Bryn Mawr Trust in Bryn Mawr, Pa. noted though that dividends don't have to be synonymous with stodgy, defensive industries. He said his firm owns big dividend payers in the tech sector like Microsoft (MSFT, Fortune 500) and Intel (INTC, Fortune 500). And he added that once Apple (AAPL, Fortune 500) begins to pay a dividend later this year, its yield will be nearly 2% (based on current market prices.
Source: CNN Money
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