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't pay shareholders all that much. The average stock on the S&P 500 yields around 1.6%. At that rate, on a $10,000 investment, you could expect to earn just $160 per year in dividend income. However, there are investments you can put in your portfolio that pay much more and are still safe buys.
Two stocks that fit that criteria are Gilead Sciences (NASDAQ:GILD) and Toronto-Dominion Bank (NYSE:TD). They're relatively safe long-term investments that can generate significant cash flow over the years. Here's a closer look at the two businesses and why investors won't have to worry about their yields, which today are up over 4%.
Source: Motley Fool
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
These traditionally defensive investments offer investors a ready income stream through the dividend payments, no matter how the market move...
-
Gold is unlikely to produce spectacular returns, but it is highly effective at minimizing the downside in the event of a bubble popping, a g...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.