For the time being, the Fed has also refrained from raising rates. If September jobs data turn out to be mediocre like in August, it might further reduce the possibility of a rate hike. Diminishing chances of a rate hike led to increase in bond prices, while yields on such bonds decline. This in turn is a positive for dividend paying companies (read more: Fed Holds Off Rate Hike for Now: Top 5 Gainers).
Additionally, such stocks when combined with a Zacks Rank #1 (Strong Buy) or # 2 (Buy) and a VGM score of ‘A’ or ‘B’ are sure to boost your returns. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three metrics. To take advantage of this scenario, here are 5 rock-solid dividend stocks to buy now: Macy’s Inc (M), L Brands Inc (LB), DTE Energy Co (DTE), Packaging Corp of America (PKG) and Xerox Corp (XRX).
Source: InvestorPlace
Related Articles:
- 10 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 8 Dividend Stocks With A Quick Payback
- 9 Dividend Stocks Ignoring The 4% Rule
- 10 Stocks That Have Paid Dividends For Over 100 Years
- Love People, Use Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Stocks that offer big dividend yields are often backed by businesses that are going through rough patches and experiencing significant downt...
-
With the calendar turning over to 2019, many of the trends causing the rise in volatility aren’t stopping. To that end, making a calculated ...
-
Many dividend stocks tumbled over the past year, since conservative investors often shift from high-yielding stocks to bonds when interest r...
-
Because we're expected to live longer than those just a generation or two removed from us, we'll need income during our retirement f...
-
This company has become an income machine for investors over the past three decades, thanks in large part to the 132 consecutive dividends i...
-
For the most part, stock market investors love the technology sector. While tech stocks were hit particularly hard during the latest market ...
-
If you want to find good deals this holiday season, forget the department stores. Instead, go to the stock market. Due to the lackluster per...
-
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 ...
-
Even though GDP is growing nicely, consumer spending is red hot and unemployment is low, the stocks that are outperforming are all ones we’d...
-
The yield is 9.07%, with 1.14X coverage in Q3 '18. EVA has a $7.4B backlog that's contracted through 2025. Management expects EBITDA...
0 comments
Post a Comment
Post a Comment