Barron's Lawrence Strauss says the case for dividend stocks has "rarely" been stronger with the Fed signaling it will not raise rates. After accounting for some of the rocky trading amid a trade standoff, Strauss comes up with a list of seven companies that should be able to grow their dividends in good times or bad.
The list is headed by Sempra Energy (SRE +1.1%) with its +3% yield, while JPMorgan Chase (JPM -0.3%), NextEra Energy (NEE +0.8%) and Air Products & Chemicals (APD +1.2%) are also part of the "magnificent" seven with yields ranging from 2.3% to 2.8%. Honeywell International (HON -0.2%) is on the list with a 1.9% yield, as is both McCormick (MKC +0.4%) and Microsoft (MSFT +0.6%) with 1.5% yields.
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