Investors chase high dividend stocks with stable earnings when they are concerned about where to put their money. Which dividends appear safest?
We looked for stocks with dividend yields north of 4.5% (above 10-year T-Note) as the cut-off and those who are expected to see earnings remain ample to maintain the numbers. We had to eliminate everything tied to financial stocks in this climate as many dividends there are trimmed. We also had to eliminate anything tied to high volatility and anything tied to auto's. We screened many others, but here are seven stocks with dividends that we think will either stay the same or grow in the coming year.
24/7 Wall St. created a list of defensive stocks for 2008, and this is an update:
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