The stock market is trading near all-time highs and the yield on the S&P 500 Index is a remarkably low 1.3%. As such, it's hard for income investors to find dividend stocks worth buying right now. But that doesn't mean it's impossible. Here are two companies with great histories and reliable businesses that dividend-focused investors could easily buy and hold for a lifetime.
The Kellogg Company (NYSE:K) is a name you probably associate with the cereal aisle in your local grocery store -- it is, after all, one of the largest names in that food sector niche. But its collection of cereal brands only accounts for about a third of its revenues today, because Kellogg has been making an effort to diversify with a focus on more growth-oriented areas. There's no point in sugarcoating it -- Consolidated Edison (NYSE:ED), aka Con Ed, is a very boring utility, providing electricity, natural gas, and steam to New York City and its surrounding areas. On the plus side, at current share prices, its yield is about 4%, which is toward the high end of its range over the past decade.
Source: Motley Fool
Related Articles:
2 Top Dividend Stocks You Can Buy and Hold Forever
Posted by D4L | Wednesday, September 22, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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