One reason I like dividend investing is because you don’t have to be a genius to make it work. The strategy is as simple as buying a few dozen time-tested businesses with healthy profitability, strong balance sheets, and shareholder-friendly management teams.
This Stock Yields 4%+ and its Dividend Looks Safe
The company has paid uninterrupted dividends since 1976 and increased its payout by 10% annually since 2005. However, it recently encountered some challenges, sending its dividend yield above 4% to sit near its all-time high. While some investors are concerned about the safety of its dividend, we believe the company’s payout remains secure.
A Dividend Aristocrat With 48 Straight Years of Payout Growth
Management’s disciplined and conservative growth strategies, combined with the firm’s strong balance sheet and conservative capital allocation, have resulted in consistent profitability and nearly 50 years of uninterrupted dividend growth.
This Dividend King Has Paid Higher Dividends Each Year Since 1962
It’s likely to remain a low-risk dividend stock for the foreseeable future.
Exxon’s (XOM) Dividend Safety Score Just Got Downgraded
The company’s dividend yield sits just above 5%, its highest level in nearly 30 years. And its dividend continues to look secure thanks to its strong balance sheet. But the company’s high spending on growth projects, coupled with today’s challenging energy market, will likely put more pressure on the firm’s cash flow in the short to medium term.
We Plan to Continue Holding Shares of This Stock in our “Top 20 Dividend Stocks” and “Conservative Retirees” Portfolios
There’s reason to believe that better times are ahead for this bank, and its CEO seems like the right leader for the job. With the company remaining in great financial shape and paying a safe 4% dividend yield, we are content continuing to give its turnaround more time.
This Stock Seems Very Likely to Continue Delivering Safe and Growing Dividends for Many Years to Come
For dividend investors seeking a secure income investment with decent long-term growth prospects, it may be an interesting industrials candidate as part of a well-diversified dividend portfolio.
Questions Linger About Kroger’s (KR) Long-Term Growth Potential
I prefer to invest my money elsewhere.
This Stock Should Be Capable of Delivering Safe and Steadily Growing Dividends Over the Years Ahead
The company’s core business model remains highly recession resistant, and its free cash flow is usually very stable.
This Stock Should Continue Rewarding Shareholders With Predictable Dividend Growth For Years To Come
The company enjoys an asset-light model which generates consistent free cash flow, holds profits fairly steady during industry downturns thanks to its variable cost structure, and earns solid returns on invested capital. When combined with management’s conservative capital allocation and the essential logistics services it provides, the company has been able to reward shareholders with higher dividends each year since it went public in 1997.