Best of the Dow- Chevron Corp. (NYSE: CVX): While AT&T Inc. (NYSE: T) has the highest yield in the Dow, its payout ratio is over 200%, immediately dropping it from our list. Chevron sports a dividend yield of 3.5% with a very nice 26% payout ratio. The one-year target price for Chevron is $124, almost a 20% premium from the current $103.45 share price. Chevron has increased its dividend for 24 consecutive years. If it keeps that streak up next year it will join the elite Standard & Poor's "Dividend Aristocrat" list of companies that have raised dividends for 25 straight years.
Best Tech - Intel Corp. (Nasdaq: INTC): Since Apple Inc. (Nasdaq: AAPL) has not yet issued its dividend and cannot qualify for the list I decided to go with Intel as the leading tech dividend-paying stock. Intel currently offers a 3.2% yield and has a payout ratio just above 35%. In a sector that doesn't have a lot of dividend-paying companies, Intel stands out with its dividend history. Over the past 20 years Intel has increased its annual dividend 18 times. Intel is up 14% in 2012 and has a target price of $30, a 9% premium from its current price to go along with its dividend yield.
Source: Money Morning
Related Articles:
- 7 Dividend Stocks To Build Your Future Security
- How To Know When To Sell A Dividend Stock
- 7 Dividend Stocks Delivering The Secret To Successful Investing
- There's Gold In Them Thar Dividend Stocks
- Buy And Hold Is Not Buy And Forget
Dividend Growth Stocks News
- The pandemic preparedness dividend—investing today to prevent and mitigate tomorrow’s pandemics - Economist Impact - 7/24/2025
- 10 Overvalued Dividend Stocks To Sell - Sure Dividend - 7/24/2025
- 3 Undervalued Dividend Stocks Congress Members Are Buying - Investing.com - 7/24/2025
- 3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - Yahoo Finance - 7/24/2025
- 3 Global Dividend Stocks With Up To 3.9% Yield - Yahoo Finance - 7/24/2025
- Chevron Corporation (CVX) Dividend Stock Analysis - 7/18/2025
- Emerson Electric Co. (EMR) Dividend Stock Analysis - 7/11/2025
- Amgen, Inc. (AMGN) Dividend Stock Analysis - 6/27/2025
- W.W. Grainger, Inc. (GWW) Dividend Stock Analysis - 6/20/2025
- Abbvie Inc. (ABBV) Dividend Stock Analysis - 6/13/2025
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.