Are you looking for a dividend stock that comes with a high yield? As a strong bull market pushes many stocks to new 52-week highs, the average yield on the S&P 500 still sits only around 1.6%. And many companies have cut or suspended their payouts over the past year as a result of the pandemic and fraught economic outlook. The good news is there are still some safe, income-generating investments out there if you're after some recurring cash flow.
Pfizer (NYSE:PFE), Campbell Soup (NYSE:CPB), and Public Service Enterprise Group (NYSE:PEG) are three stocks that pay relatively high yields and have strong businesses. From healthcare to packaged foods to utilities, they each cover a different industry and can help diversify your portfolio while offering payouts that usually hover over 3%.
Source: Motly Fool
Related Articles:
3 High-Yield Dividend Stocks I'd Buy Right Now
Posted by D4L | Thursday, March 11, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
Long-term investors know that dividends can have a major impact on returns over time. When the stock market is struggling to make gains like...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We decided to go on a hunt for quality stocks that for one reason or another have been buried, and not just this year. We found three incred...
-
Buy and hold ... forever? It's a tall order, but a select few companies are potentially up to the task. You can build a wealth-compoundi...
-
Dividend stocks can be consistent market-beaters. However, empirical research shows that the best dividend stocks tend to generate better-th...
-
High-quality dividend stocks are always worth loading up on. This is doubly true for companies that offer shareholders an attractive mix of ...
-
Some dividend-paying companies have seen their financials struggle over the years. These companies become vulnerable to dividend cuts which ...
-
Numerous high-quality dividend opportunities are up for grabs at the moment, which may be appealing to some investors given the uncertainty ...
-
Essentially, we’re looking for more Apples – tech firms with a large market cap (at least $1-billion) and the financial means necessary to p...
-
With last year’s price surge still echoing, investors need a well thought-out game plan. However, there’s a silver lining. While the allure ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.