Top Dividend Stocks For A Fed Rate Hike

Goldman Sachs (NYSE: GS) has an interesting notion: Focus on high-quality businesses with strong balance sheets and avoid the ones with high amounts of floating-rate debt. The idea is that companies with indebted balance sheets and low-margin businesses will be more at risk when the credit markets are harder to tap into. There are a number of names on Goldman’s list, so it would be hard to own them all. Not all of them pay dividends, however, and some are well-known companies that most people already own, such as Apple (NASDAQ: AAPL). So I’ve combed through the list to find the top dividend stocks to own for the rate increase...

TJX Companies (NYSE: TJX) runs the T.J. Maxx, Marshalls and HomeGoods store brands, among others. TJX has for years been one of the best retailers around. It’s offering a 1.2% dividend yield. CH Robinson Worldwide (NASDAQ: CHRW) is a key player in the freight brokerage market in the U.S., with a large network connecting carriers and shippers. Oracle (NASDAQ: ORCL) is a manufacturer of application software and cloud infrastructure. It’s a major player in the enterprise information technology market with a large client base.

Source: ETF Daily News

Related Articles:
- 7 High-Rated Dividend Stocks With Above Target Returns
- 4 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 9 Dividend Stocks With A 10%+ Dividend Growth Rate
- 3 Styles Of Successful Dividend Investing