Plenty of stocks yield more than the market average of 2% for large companies. But if you’re investing for income, you’ll want dividends that are both reliable and secure. And that’s not always easy to find. These seven stocks aren’t likely to cause any such pain for investors. These businesses boast sales and profits ample enough to comfortably cover their dividends...
Brookfield Infrastructure Partners (BIP) owns a diverse collection of infrastructure assets around the world. Digital Realty Trust (DLR) s benefiting from some powerful technology trends. Exxon Mobil pumps out the equivalent of more than 4 billion barrels of oil and gas a year. Magellan Midstream Partners (MMP) perates one of the country’s longest pipelines for fuels. Novartis (NVS) is plugging the revenue gap with other medicines, including its heart drug Entresto and immunology drug Cosentyx. Pfizer (PFE) ranks as one the world’s top drug makers. Verizon (VZ) rakes in cash from subscribers who pay monthly fees for its phone, internet and TV service.
Source: Kiplinger
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