9 Rock-Solid Dividend Stocks
0.99%November 30 | MyPlanIQ portfolio symbol P_36292
We continue to focus in
on dividend yielding stocks as a means of providing income as well
as growth in these days of the new normal of low interest rates and
turbulent markets.
The Motley Fool recently announced 11 Rock Solid dividend stocks
of which I took 9 -- broken down into aristocrats, high yield divas and
up and comers. Having a selection of dividend equities in different
categories was appealing to me so I thought I would measure their
performance and see what that told me.
The Aristocrats
| Company | Business | Dividend Yield | 10-Year Average Annual Dividend Growth |
| ExxonMobil (XOM) | Global energy champ | 2.6% | 7.1% |
| Johnson & Johnson(JNJ) | Diversified healthcare products powerhouse | 3.6% | 13% |
| PepsiCo (PEP) | Snacks and beverages giant | 3.3% | 13% |
| Procter & Gamble(PG) | Branded consumer goods leader | 3.3% | 10.9% |
| Wal-Mart (WMT) | Low-price retail kingpin | 2.8% | 16.3% |
Source: Capital IQ, a Standard & Poor's company. | |||
2 High-Yield Dividends Divas
- AT&T (T)
- New York Community Bancorp (NYB)
2 Dividend Up-and-Comers
- Greenhill & Co. (GHL) is an investment bank
- Owens & Minor (OMI) is a distributor of medical equipment and outsource provider of logistics and inventory management
Some of these names are household names and others much less well known. I like the balance of five major players with four that have different properties -- maybe more return for more risk.