Dividends4Life: A High-Dividend Stock Yielding 5.79% from the Retailing Sector

A High-Dividend Stock with Dividend Growth Possibilities - An income investor’s ideal stock would likely be a high-dividend stock with future dividend growth prospects. However, finding such a company can be quite time consuming and difficult. Also, the investment must make sense from a valuation perspective.

A company that would meet this criteria and that continues to reward their shareholders is GameStop Corp. (NYSE:GME) stock. A consumer electronics retailer specializing in video games, the current yield for GME stock is 5.79%, based on the current trading price of $25.52. GME stock would also be considered a dividend growth stock as well. The dividend, reviewed annually each February, has increased 25% since 2013. And with a payout ratio of 39.15% of earnings, there is a possibility of further dividend hikes in the future.

Source: Income Investor

Related Articles:
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
- 13 Dividend Stocks and 3 ETFs To Balance Your Asset Allocation
- 4 Communications Services Stocks With Increasing Dividends
- 5 Stocks With Room To Grow Their Dividend

Click here to have future posts delivered to you for free!



Post a Comment

Note: Only a member of this blog may post a comment.


Popular Posts Last 30 Days