Dividend News
Companies with profits reward shareholders by paying dividends to owners of the stock. The dividend yield of a stock indicates to the potential investor the yield they can expect at the current stock price and dividend payout. The dividend yield changes when the price of the stock goes up (yield increases) or when the price goes down (yield decreases).
Resources to find stocks which pay dividends include this list of dividend yields for Dow Jones Industrial Average stocks and this list of dividend yield for S&P 500 stocks. Three blogs which report on dividends are The Dividend Guy Blog, Dividend Money, and Bank Savings and Investing Blog.
Dividend Stocks of interest
The stocks listed below are companies large enough to be listed in the S&P 500 Index. Consult a broker or financial planner to determine which dividend stocks might be appropriate for your portfolio.
Companies in the S&P 500 which pay dividends include:
Regions Financial (RF) - 8.19% yield
KeyCorp (KEY) - 6.80% yield
Pfizer (PFE) - 6.37% yield
Ameren (AEE) - 5.70% yield
General Motors (GM) - 5.26% yield
Verizon (VZ) - 4.87% yield
Dow Chemical (DOW) - 4.85% yield
Bristol Myers Squibb (BMY) - 3.77% yield
AT&T (T) - 4.52% yield
General Electric (GE) - 4.09% yield
Bank Stocks with Strong Dividend Payouts
Banks traditionally have been one of the best sectors for finding dividend-paying stocks. The five largest banks in the country all pay dividends and trade with yields comparable to U.S. Treasuries or other fixed-income securities:
Citigroup (C) 5.64% yield
Bank of America (BAC) 7.22% yield
JP Morgan Chase (JPM) 3.64% yield
Wachovia (WB) 5.91% yield
Wells Fargo (WFC) 4.52% yield
Other banks with attractive dividend yields can be found on the money-rates.com Bank Stocks page.
Posted 4/14/08
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