The best dividend stocks are the ones that offer reliable income and high yield. However, in the current stock market, it’s important for investors not to simply chase high dividends without looking at other metrics. Consider that many big-name consumer staples and utility stocks are trading for sky-high price-to-earnings ratios right now. Consolidated Edison, Inc. (NYSE:ED) trades for a forward P/E of almost 18 and Procter & Gamble Co (NYSE:PG) trades for a forward P/E of almost 21. That’s a big premium to pay for income. And even if you’re getting modest dividends, you may eventually suffer a steep decline in your initial investment because you bought at too high of a price.
The best dividend stocks to buy right now, however, are not the names you’ve heard of like P&G or ConEd. Instead, they are lesser-known mid-caps that still throw off substantial annual dividend payouts. Best Dividend Stocks: Owens & Minor (OMI), Tanger Factory Outlet Centers (SKT), Compass Minerals (CMP), Mercury General (MCY), Old Republic (ORI), Flowers Foods (FLO) and Garmin (GRMN).
Source: InvestorPlace
Related Articles:
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If you are going down the dividend route, you may as well find stocks that are performing well, regardless of the dividend — stocks where th...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you invest for income, then dividend-paying stocks are likely to be a core component of your investment approach. The worst fear for inco...
-
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. However, once these...
-
For retirees, buying and holding high-quality dividend stocks is arguably the best way to predictably create and sustain wealth. But investi...
-
If you are a devoted dividend aficionado, there are probably few thrills as exciting as seeing a dividend payment hit your brokerage account...
-
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcom...
0 comments
Post a Comment
Post a Comment