June 16, 2022

7 Blue-Chip Stocks With Strong Dividend Yields

 

These Blue-Chip stocks are stable and pay a nice dividend, making them even stronger

 


 

Defining and buying blue-chip stocks and their strong dividends is a smart strategy in any market.

 

A few questions need to be answered before launching into this article. First, what qualifies  blue-chip stocks? The answer is partially subjective and partially objective. Subjectively speaking, a blue-chip company is one that is huge and has an excellent reputation. So, blue-chip stocks is one that represents a huge company with an excellent reputation. They also tend to have dependable earnings and often pay dividends.

 

More objectively speaking, a blue-chip stock is one with a market capitalization in the billions and is usually among the top-three companies in its market, if not the outright leader.

 

Another question that needs to be answered is what exactly are ‘strong’ dividend yields? This is again a subjective determination. But the general consensus is that yields between 2% and 6% are ‘strong’.

 

 

So for the the purposes of this discussion we’ll stay within that range. Remember, extraordinarily high yields pose a risk as they are often unsustainable. Below are seven of those blue-chip stocks:

 

Continue reading …

 

No comments:

Post a Comment