Dividends4Life: Dependable Dividend Stocks Rally

Dependable Dividend Stocks Rally

Posted by D4L | Saturday, August 04, 2012 | | 0 comments »

A slowing global economy and the effects of a stronger dollar couldn’t keep four of InvestorPlace’s most Dependable Dividend Stocks down in the second quarter, as 3M (NYSE:MMM), Colgate-Palmolive (NYSE:CL), Kimberly-Clark (NYSE:KMB) and McGraw-Hill (NYSE:MHP) all managed to meet or beat Wall Street estimates.

It was a tough three months, to be sure, with revenue gains hard to come by, as weaker demand from overseas and currency exchange tamped down revenue. But shares in all four companies rose smartly Thursday, helped by the solid bottom-line results and positive earnings outlooks. That’s good news for income investors. Not only do all these names have long histories of rising payouts, but now they’re getting some solid share-price appreciation, too.

Source: InvestorPlace

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