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While Microsoft’s low yield may not immediately appeal to income-seeking investors, the stock remains a solid pick for your portfolio. The company began paying regular dividends in 2004 and has raised that rate each year since 2010. It’s upcoming purchase of videogame maker Activision will also give it more room to reward shareholders.
MICROSOFT CORP....
MICROSOFT CORP....
PROCTER & GAMBLE CO. $146 is a buy. The consumer products giant (New York symbol PG; Income-Growth Portfolio, Consumer sector; Shares outstanding: 2.4 billion; Market cap: $350.4 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Highest; www.pg.com) raised your quarterly dividend with the May 2022 payment, to $0.9133 a share, up 5.0% from $0.8698....
NEWELL BRANDS INC. $20 remains a hold. The consumer products maker (Nasdaq symbol NWL; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 413.6 million; Market cap: $8.3 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.newellbrands.com) last raised its quarterly dividend with the June 2017 payment....
GREAT-WEST LIFECO INC. $33 is a hold. Canada’s second-largest life insurer (Toronto symbol GWO; Conservative Growth Payer Portfolio, Finance sector; shares outstanding: 931.8 million; Market cap: $30.7 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Above Average; www.greatwestlifeco.com) last raised its quarterly dividend with the December 2021 payment....
These two companies have held their dividends steady for several years, and we feel their current payouts continue to be safe. Both are also leaders in niche industries, which cuts your risk.
RUSSEL METALS INC. $30 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 63.1 million; Market cap: $1.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of the largest metals distributors in North America with more than 30,000 end customers across many different industries.
Russel has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 5.1%....
RUSSEL METALS INC. $30 is a buy. The company (Toronto symbol RUS; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 63.1 million; Market cap: $1.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Above Average; www.russelmetals.com) is one of the largest metals distributors in North America with more than 30,000 end customers across many different industries.
Russel has paid regular quarterly dividends of $0.38 a share since the third quarter of 2014; the annual rate of $1.52 yields a high 5.1%....
RAYTHEON TECHNOLOGIES CORP. $93 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $139.5 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.rtx.com) is a leading maker of commercial aircraft equipment, electronic systems for military aircraft and guided missiles.
With the June 2022 payment, Raytheon raised your quarterly dividend by 7.8%....
These two industrial firms have a long history of annual dividend increases. We expect investors in both these companies will continue to benefit from their improving earnings and strong balance sheets.
GENUINE PARTS CO. $157 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 141.4 million; Market cap: $22.2 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts....
GENUINE PARTS CO. $157 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 141.4 million; Market cap: $22.2 billion; Dividend yield: 2.3%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts....
Foodmakers Kraft Heinz and Campbell Soup have raised the prices of their products in response to rising input costs. Despite that, their strong brands should continue to attract customers. That loyalty supports their high yields.
KRAFT HEINZ CO....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $32 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 128.0 million; Market cap: $4.1 billion; Distribution yield: 5.5%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 200 office buildings and 13 properties under development, mainly in major Canadian cities.
Starting with the January 2022 payment, Allied raised its monthly distribution by 2.9%....
Starting with the January 2022 payment, Allied raised its monthly distribution by 2.9%....
Spinoffs tend to work out well, as investors gemerally prefer “pure-play” companies that focus on a single business. H&R’s spinoff of its retail properties as Primaris has enhanced its appeal and is behind our decision to name H&R as a top pick for 2022....