In today's world of low interest rates and a poor outlook on bonds looking forward, finding yield is often a difficult task. However, by investing in General Mills (NYSE: GIS), ConAgra (NYSE: CAG), and Kellogg (NYSE: K), you could be earning dividends currently yielding 3%, 3.5%, and 3%, respectively. You'll also get pieces of growing companies for years to come. All three of these companies are large players in the packaged food industry, each of them owning several household brand names.
You could diversify across these three major food producers to collect nice dividends and join in the industry's growth, or you could pick and choose. General Mills, ConAgra, Kellogg, are selling at 18.9, 17.9, and 12.4 times earnings, respectively, as compared to an industry average of 17.9. By this measure, none of the three are selling at outrageous prices. However, by the price to earnings ratio and by the stability of operations, it appears that Kellogg may be the most reasonably priced of the three. All three of these companies produce products that you and I consume every day. Owning these three great companies could give your portfolio safety through difficult market conditions while offering an attractive yield that should continue to grow as the years go on.
Source: Motley Fool
Related Articles:
- 10 Dividend Stocks For The Ultimate In Deferred Gratification
- 6 Healthcare Stocks With Growing Dividends Yeilding In Excess of 2%
- Why We Are Dividend Growth Investors
- 6 Dividend Growth Stocks With Very Little Debt
- What Determines A Dividend Stock's Yield
3 Everyday Companies Dividend Investors Should Own
Posted by D4L | Monday, March 31, 2014 | 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...
-
We decided to go on a hunt for quality stocks that for one reason or another have been buried, and not just this year. We found three incred...
-
Essentially, we’re looking for more Apples – tech firms with a large market cap (at least $1-billion) and the financial means necessary to p...
-
Long-term investors know that dividends can have a major impact on returns over time. When the stock market is struggling to make gains like...
-
Buy and hold ... forever? It's a tall order, but a select few companies are potentially up to the task. You can build a wealth-compoundi...
-
Does the high interest rate environment we're living in have you feeling down? Here's something to remember that can help you turn t...
-
Dividend stocks can be consistent market-beaters. However, empirical research shows that the best dividend stocks tend to generate better-th...
-
High-quality dividend stocks are always worth loading up on. This is doubly true for companies that offer shareholders an attractive mix of ...
-
For this list, we looked at stocks that pay monthly dividends. Among them, we chose stocks with the highest dividend yields, which range fro...
-
Every investor wants to earn more. It is how we define "more" and how we go about earning it that defines the type of investor we ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.