When on the hunt for dividend stocks, there are many factors to consider. You have to look for more than just high yield. Oftentimes, the high yields on dividend stocks simply aren’t sustainable for business reasons, or perhaps because the business is getting super-cheap debt to run its business. Interest rates will rise one day. Another thing to look for is how long a stock has been paying its dividend. Companies that have been throwing cash back at shareholders for a long time are likely to continue doing so, and these are the dividend stocks to pay attention to.
The more obscure ones, usually with boring names, are another place to look because they may be underfollowed, and possibly undervalued. Here are three dividend stocks that have been paying out for decades: WGL Holdings (WGL) Dividend yield: 4.4%, Middlesex Water Company (MSEX) Dividend yield: 3.7% and Universal Corporation (UVV) Dividend yield: 3.9%.
Source: InvestorPlace
Related Articles:
- 5 Quality Dividend Stocks To Take The Emotion Out Of Investing
- 7 Select High-Yield S&P 500 Dividend Stocks
- First Quarter 2014: Top And Bottom Performing Dividend Stocks
- Don't Touch These 5 Dividend Stocks!
- 7 Dividend Stocks Headed In The Right Direction
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Thanks for the list of gems!
Thanks for sharing...I like UVV here. Low P/E, nice yield, payout ratio under 40%, nice history of dividend increases. Definitely worth a second look. AFFJ
I love talking about stocks that people rarely discuss. Sometimes they really can be hidden gems. I just wrote not long ago Dividend Aristocrats You Never Heard Of http://divhut.com/2014/05/dividend-aristocrats-you-never-heard-of/ talking about JCI, GWW, BMS, BCR, VFC. Thanks for sharing.