Barron’s has a nice article featuring 10 stocks that pay dividends that exceed a 3% annual payout rate and are more likely to raise than cut the payout rate.
Barron’s used data from RealityShares, which has a system for ranking the safety of dividend payouts, to come up with the list. The stock with the highest payout rate, AbbVie, which currently yields 5.8%, is the only one on the list in which I have a stake.
Other firms on the list include Broadcom, SL Green Realty, and JPMorgan Chase. I’m not making a formal dividend pick this week, but if I were adding a name to my portfolio I think I’d go with JPM. But that’s largely because my portfolio is light on financial service firms.
The list is a little concentrated by sector, featuring 5 financial service sector names and two energy sector companies. But it seems like a fairly good selection.
I don’t mean to sound like a marketing agent for Barron’s, but I do find that it’s my favorite news source for personal investing ideas. Here’s a link to the Barron’s article.
Another article that caught my eye from Barron’s this week had the headline, “Don’t Panic But Half of Smart Investors See the End of the Bull Market Next Year.” I don’t think it requires a link, since the headline says it all.
Dividend Pick of the Week 