As we see it, dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplant low risk, low yielding Treasury and fixed-income alternatives. Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend growth. Many stocks increase dividends over time, helping to offset the effects of inflation.Here are three dividend-paying stocks retirees should consider for their nest egg portfolio...
Canadian Natural Resources (CNQ) is currently shelling out a dividend of $0.62 per share, with a dividend yield of 3.67%. This compares to the Oil and Gas - Exploration and Production - Canadian industry's yield of 0% and the S&P 500's yield of 1.62%. The company's annualized dividend growth in the past year was 53.34%. Kimco Realty (KIM) is paying out a dividend of $0.23 per share at the moment, with a dividend yield of 3.98% compared to the REIT and Equity Trust - Retail industry's yield of 4.16% and the S&P 500's yield. The annualized dividend growth of the company was 29.41% over the past year. Currently paying a dividend of $0.42 per share, NexPoint Residential Trust Inc. (NXRT) has a dividend yield of 3.18%. This is compared to the REIT and Equity Trust - Residential industry's yield of 3.28% and the S&P 500's current yield. Annualized dividend growth for the company in the past year was 11.36%. Check NexPoint Residential Trust Inc.
Source: Zacks
Related Articles:
- The Dark Side of Dividends
How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks
Posted by D4L | Wednesday, December 07, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
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...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
Despite all that work, its valuation remains dirt cheap. That's a big reason why its distribution currently yields more than 9% despite ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.