Portfolio manager William McGough screens for dividend-paying stocks with strong balance sheets for his 50-stock Stadion Alternative Income Fund (TACFX) . And while Microsoft's (MSFT) stock may have been knocked down last month after its third quarter earnings miss, the company's cash hoard and 3% yield put it right up McGough's alley. "The technology sector generally does not have many companies that pay a good dividend because of the nature of the growth aspect of the sector and Microsoft is one of those quality stocks that actually pays a good dividend, so therefor it makes its way in the portfolio," said McGough.
McGough also owns Exxon Mobil (XOM) in the fund. The oil major has bounced back with oil prices in recent months, rising over 14% year-to-date while paying a 3.4% dividend. Johnson & Johnson ( JNJ) shares are up over 11% year-to-date. The health care giant with the 2.8% dividend yield has performed well this year as investors seek stability in consumer staples. Finally, McGough owns AT&T (T), up 14% thus far in 2016, in the Stadion Alternative Income Fund. The telecom giant pays a healthy 4.9% and it is currently an overweight in his portfolio.
Source: The Street
Related Articles:
- Where To Find Great Dividend Stocks
- How To Manage Your Dividend Portfolio In A Downturn
- 5 Tech Stocks With A History of Growing Their Dividends
- 8 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
4 Healthy Dividend Stocks For Your Portfolio
Posted by D4L | Wednesday, June 08, 2016 | ArticleLinks | 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...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Dividends can be an underrated source of income for investors. With so much volatility in the stock market right now, it can be comforting t...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.