In this era of 1% CDs, finding stable stocks with good dividends is a great way to boost your income generation. AbbVie (ABBV - Get Report) , Cal-Maine Foods (CALM - Get Report) and Royal Bank of Canada (RY - Get Report) are three such stocks and can propel your retirement portfolio forward.
AbbVie is a strong biopharmaceutical stock. It offers a quarterly dividend of 57 cents a share, and the current yield is 3.9%. Although sales of its biggest drug, Humira, narrowly missed estimates in the fourth quarter, they were still at a record high. Egg producer Cal-Maine Foods offers a nice quarterly dividend of 44 cents a share for an annual yield of 5.5%. The company has had healthy demand for its specialty eggs (a category that includes nutritionally enhanced, cage free, organic and brown eggs), and those sales increased to account for 31% of total revenue in the company's third fiscal quarter. Royal Bank of Canada offers a generous yield of 4.1%. This bank has a reassuring four-year dividend growth track record and currently pays a 59-cent quarterly divdiend. The bank grew its annual dividend to $3.08 in 2015 from $2.08 in 2011, an increase of 48%.
Source: The Street
Related Articles:
- 3 Styles Of Successful Dividend Investing
- Why Dividend Growth Stocks Are Evil
- Building Yield: 7 Consumer Goods Dividend Stocks
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplan...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.