Dividends4Life: Three of my Favorite Dividend Stocks for 2017

Three of my Favorite Dividend Stocks for 2017

Posted by D4L | Monday, January 23, 2017 | | 0 comments »

In the beginning of this New Year, many investors review their portfolios. We all hope for a good year on the market and, most importantly, steady dividend growth increase among our portfolio. I selected three companies I think will perform well in 2017 and will increase their dividend payouts.

3M (MMM) produces products like Scotch tape, projector systems, Post-it notes, Tartan track, and Thinsulate. This is a conglomerate that produces products for many industries and for both personal and business use, and their manufacturing, research, and sales offices are all over the world. Blackrock (BLK) is THE asset manager in the US with the largest market share (Assets Under Management) with its iShares division. With over $1 trillion invested in its ETFs, Blackrock shows more than double the AUM of the second place State Street Corp. Cisco (CSCO) is the reference for switches and routers across the world. The way we transfer data throughout networks has been a pillar for many industries over the past decade. While 2/3 of Cisco’s revenue comes from switches and routers, the rest of Cisco sales are coming from faster-growing adjacent market segments.

Source: ValueWalk

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