The Gap, Inc. (NYSE:GPS) is a true Dividend Rock Star. Its yield of 5.3% makes it one of the market’s top dividend payer. In the past ten years, Gap has also grown its dividend from $0.34 to $0.97. Below, I have outlined more attractive dividend aspects for Gap for income investors who may be interested in new dividend stocks for their portfolio.
Gap’s dividend yield stands at 5.3%, which is high for Specialty Retail stocks. But the real reason Gap stands out is because it has a high chance of being able to continue to pay dividend at this level for years to come, something that is quite desirable if you are looking to create a portfolio that generates a steady stream of income. GPS has increased its DPS from $0.34 to $0.97 in the past 10 years. The current trailing twelve-month payout ratio for the stock is 35%, which means that the dividend is covered by earnings.
Source: Simply Wall St.
Related Articles:
- 8 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 5 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
It operates in a great location. Florida has seen a material influx of residents in recent years as people look to move to a warmer climate ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.