Dividend stocks are turning out to be the best place to ride out this tough market. Even better is investing in a company that is in a stable and relatively recession-proof industry like pharmaceuticals, and utilities. Combining dividends with a defensive sector is likely to be a winning strategy for the rest of the year. One more way to boost this strategically is to buy dividend stocks when there are pullbacks in the price for either company specific reasons or just because of a general market decline. One stock that currently fits the criteria of defensive investing, dividends and buying on dips is Duke Energy Corporation (DUK).
Duke has been raising the dividend slowly, but surely for the past few years. What's even more impressive is that it has been paying a dividend for nearly 90 years. Furthermore, the payout ratio is at reasonable levels, so the company can continue with annual increases. Plus, analysts expect earnings to grow from $4.28 this year, to $4.45 in 2013, and earnings growth often leads to dividend growth.
Source: Seeking Alpha
Related Articles:
- 12 Dividend Stocks For A Powerful Income Stream
- 7 Dividend Stocks Sporting A Five-Star Rating
- 10 Dividend Stocks Ignoring The 4% Rule
- Dividend Stock Bubble: Is It Even Possible?
- 8 Dividend Stocks To Consider While Waiting on Apple to Pay Its First Dividend
Buy Duke Energy While It Yields Nearly 5%
Posted by D4L | Monday, July 23, 2012 | 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...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
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...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
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...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.