The Safest and Best Dividends on the Dow
2.38%March 27 | MyPlanIQ portfolio symbol P_36237

Dividends are going to be on everybody's minds as we look for a mixture of growth and income in these troubled times. noted that dividend paying equities are among the best wealth-building vehicles available.We have noted that there are companies offering dividends that they can't really afford to attract buyers and so it's important to find those companies who are both safe and paying dividends.


To test each company's dividend safety and quality
, Austin looked at yield, payout ratio, coverage ratio, and five-year dividend growth. That narrowed the list down to:


Company Name

Payout 
Ratio %

Dividend Yield

5-Year 
Dividend CAGR

Total Debt/Equity

Interest 
Coverage Ratio

General Electric (GE)

41.1

3.61

(10.3)

385.4

21.7

DuPont (DD)

44.0

3.39

2.07

105.4

10.3

Intel (INTC)

30.8

3.34

13.9

4.59

NM

Procter & Gamble (PG)

49.8

3.19

11.3

47.1

22.3

Chevron (CVX)

22.1

3.05

9.11

10.8

NM

Source: S&P Capital IQ. NM= not meaningful.

This is definitely a group of equities I would like to measure and track as they can provide stability and income.
We will be comparing them with our dividend ETF benchmark.

 

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Rolling Returns

From 10/24/2002 to 03/27/2024, the worst annualized return of 3-year rolling returns is -10.35%.

From 10/24/2002 to 03/27/2024, the worst annualized return of 5-year rolling returns is -3.7%.

From 10/24/2002 to 03/27/2024, the worst annualized return of 10-year rolling returns is 2.92%.

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