Strong companies you’ll want to keep for the long-term
With bond yields offering little, income-focused investors have been turning to stocks to provide the regular cash they seek. The trade-off, of course, is that stocks are riskier than bonds.
Dividend-paying stocks provide both cash and a cushion against market volatility and portfolio risk. But this is no secret, and in this low-yield environment investors have embraced dividend stocks. Yet meanwhile, S&P 500 SPX, -0.35% companies at least are apparently being stingier with their capital, as dividends increased at their slowest pace since 2011.
Nonetheless, cash is cash, and so dividend-paying stocks are having their day. Most of these stocks can provide short-term portfolio protection, but only some are worth holding as longer-term investments for appreciation and decent — and secure — income.
Here are five such stocks to consider...