High Yields Provide a Cushion as Stocks Tumble – 6 Dividend Rich Stocks to Buy
A high dividend yield can act as a safety net as stocks are plummeting as eventually the yield will attract income oriented buyers. This is especially true with Treasury yields as low as they are today.
The following stocks all have a bullish Chaikin Power Gauge rating and a yield in excess of 4%.
This combination of bullish potential over the next 3 – 6 months and a high yield make them attractive for the longer term investor.
Company Close Yield
Conagra Foods(NYSE:CAG) 22.72 4.05%
Enterprise Products(NYSE:EPD) 42.06 5.75
Excelon Corp(NYSE:EXC) 40.33 5.21
Eli Lilly(NYSE:LLY) 34.49 5.68
Shaw Comms(NYSE:SJR) 20.42 4.51