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.
Axis Capital (AXS) is currently shelling out a dividend of $0.44 per share, with a dividend yield of 3.27%. This compares to the Insurance - Property and Casualty industry's yield of 0.52% and the S&P 500's yield of 1.65%. The company's annualized dividend growth in the past year was 2.33%. Cisco Systems (CSCO) is paying out a dividend of $0.39 per share at the moment, with a dividend yield of 3.02% compared to the Computer - Networking industry's yield of 0% and the S&P 500's yield. The annualized dividend growth of the company was 2.7% over the past year. Currently paying a dividend of $0.24 per share, Kite Realty Group (KRG) has a dividend yield of 4.3%. This is compared to the REIT and Equity Trust - Retail industry's yield of 4.44% and the S&P 500's current yield. Annualized dividend growth for the company in the past year was 26.32%.
Source: Zack's
Related Articles:
3 Top Dividend Stocks to Maximize Your Retirement Income
Posted by D4L | Monday, July 24, 2023 | 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 ...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
These investments take advantage of the potential for growth in the share price and dividend yield. Yet, when it comes to undervalued compan...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.