As we age, our investing goals change. At 62, I’ll soon be less interested in growth, more interested in income to take me through my retirement. That’s where Dow dividend stocks shine. For those on the hunt for income, we’ll examine the top 10 Dow Jones Industrial Average components by yield as we head into February. Every stock on here yields at least 3.2% — not too shabby in a world where the 30-year U.S. bond is still yielding just 3.03%. But important to note is that while all of these stocks are good yielders, not all of them are winners. This look at the Dow 30’s highest-yielding dividend stocks is meant to help you separate the wheat from the chaff. Top 10 Dow Dividend Stocks for February...
Caterpillar Inc. (NYSE:CAT), the Peoria, Ill.-based maker of heavy equipment, has been shrinking since 2012, because much of its equipment is sold for moving coal and other resources out of the ground and to the market. I am known around InvestorPlace as a hater of International Business Machines Corp. (NYSE:IBM), but I have not always hated the company. General Electric Company (NYSE:GE) has the longest tenure among Dow dividend stocks, 121 years on. For one brief shining moment in the year 2000, Cisco Systems, Inc. (NASDAQ:CSCO) was the world’s most valuable company. I admit to a bias on behalf of The Coca-Cola Co (NYSE:KO). I am a former shareholder of Boeing Co (NYSE:BA), having sold out last spring at about $130 per share. No Dow stock was as ready for Trump as Exxon Mobil Corporation (NYSE:XOM), whose CEO Rex Tillerson is close to being confirmed as Secretary of State. Chevron Corporation (NYSE:CVX) is the anti-Exxon. Pfizer Inc. (NYSE:PFE) is a great dividend stock as far as yield is concerned. But can you trust it? The best yield among Dow dividend stocks, and one of the safest, is the 4.7% presently paid to shareholders of Verizon Communications Inc. (NYSE:VZ).
Source: InvestorPlace
Related Articles:
- 5 Tech Stocks With A History of Growing Their Dividends
- 8 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
The Top 10 Dow Dividend Stocks for February
Posted by D4L | Friday, February 17, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.