Investors can still find value and yield by looking outside some of the traditional dividend sectors. The benefit to looking off the beaten path for yields is more than just cheaper valuations. Looking across multiple sectors and industries carries the added bonus of diversification in returns. I found five names that are best-of-breed companies within their industries, and have the fundamentals to protect high dividend yields. Each company has a competitive advantage that will protect cash flow even if the rest of the market stumbles.
Dividends at the five companies below are covered by an average of 187% by free cash flow and all five have aggressively repurchased shares. In the event of further market weakness or an economic recession, these five will be able to reduce repurchases to protect cash flow and even grow their dividend: HollyFrontier Corp (HFC), Invesco Ltd.(IVZ), Pfizer Inc. (PFE), Emerson Electric Co. (EMR) and Carnival Corp (CCL).
Source: InvestorPlace
Related Articles:
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
- The 2016 Elite Dividend Stocks List
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%,...
-
It's impossible to follow the specific investing strategies of the world's best investors. After all, we don't always know why t...
-
Many investors focus their portfolios on either growth stocks (if they're a long way from retirement) or income stocks (if they're n...
-
Regulators typically set customer rates for utilities to ensure investors recover a fair return on capital and allows the businesses keep th...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
When dividend-paying companies are undervalued, investors stand to gain a constant stream of dividend income on top of capital gains, as ove...
-
Holding a stake in great businesses that regularly pay dividends and then reinvesting those payouts is one of the most dependable paths to l...
-
Market volatility is scarily high. Interest rates on sidelined cash are scarily low. Investors looking to de-risk or take some profits off o...
-
Most monthly payers are REITs of some kind – and a good chunk are mortgage REITs, which are facing rising interest rates. Some ETFs also off...
0 comments
Post a Comment
Post a Comment