We have identified ten stocks that have high dividend yields – those greater than 3% – that could afford to pay double their current dividend, i.e. those having less than a 40% payout ratio for the most recent quarter. Additionally, each of these companies also generate at least $4 of cash flow per share.
The first companies on this list, Chevron Corporation (NYSE:CVX) and ConocoPhillips (NYSE:COP), are in the profitable oil and gas sector. Two other solid dividend stocks we found are computer companies Dell Inc. (NASDAQ:DELL) and Intel Corporation (NASDAQ:INTC), with respective dividend yields of 3.1% and 3.9%. The other stock that could theoretically double up on its dividend payment is Walgreen Company (NYSE:WAG).
Source: Insider Monkey
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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.