The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: Sphinx on April 19, 2014, 06:40:35 AM
-
Like most retired people, I am looking for a good, but safe return on my investments. I cannot take many risks. I like large North American blue chip stocks that pay good dividends. One of my favourites is TD Bank. What do you like, and why ? Thanks for your comments.
-
Like most retired people, I am looking for a good, but safe return on my investments. I cannot take many risks.
So don't invest in individual stocks.
Put your money in broad-market index funds, with a stocks/bonds ratio appropriate for your age and risk tolerance.
-
I'll play. Two of my personal favorites:
BP - Current yield 4.5%. While not technically North American, the spill forced them to sell non-core assets and trim costs. With that coming close to being resolved, not only should the dividend be "safe" but profits could increase causing the stock to appreciate.
MSFT - Current yield 2.8%. An old name with a new direction and 77 billion in the bank. Another company where the dividend should continue to grow and the stock has a chance at going higher as well.
-
Vanguard Total stock market index fund, total international stock market fund, and total bond market fund. That's it.
-
I have stock in Dominion Power, for its dividends. I like that they have a direct-buy sort of program.
-
Genuine Parts Company (GPC) - (most commonly known for NAPA auto parts) - Very little debt, 50+ year history of raising dividends, and the replacement parts business is something I don't think will ever go away.
-
Hi, I'm a strictly dividend investor in Canada. I hold positions in RY, COS, CPG, BMO,ALA, IPL,TOG, SGY, BCE (widows n orphan stock), LRE, and for REITS, I hold D.UN and HR.UN All these stocks are listed on the TSX as well as your TD.
-
Because of the tax on dividends in the U.S., I tend to stick more to European dividend stock such as Delta Lloyd, Axa bank, Zurich insurance, Bolsas y mercados espaņoles, GFD Suez and ED Portugal. (Edited to correct the name of BME)
-
I have a whole portfolio of dividend paying companies, so it's difficult to pick a favorite. You can't go wrong with names like Coka Cola, Procter and Gamble, Wells Fargo, Chevron, Verizon, Johnson and Johnson, And Realty Income (to name a few). I personally prefer a basket of 40 or so dividend paying companies than investing in ETFs because I have greater control over the income itself. Don't get me wrong, dividend ETFs great, but they simply do not currently align with my investing goals.
-
Thanks for the good list. I do mean what are your favourite dividend paying stocks, not just one favourite. I did not mean to limit people to one stock. I like picking individual stocks too. I also own Transcanada Pipelines, Huskey, Fortis, and want to buy some Bell Canada, but would like to get it a bit less expensive than the current price. I will add some American stocks to my RRSP when our Canadian dollar is closer to par with the American dollar. I have been warned that Canadians can easily hold American stocks in an RRSP, but face extra taxes if they put them in a TFSA. I really like Johnson and Johnson, Coka Cola, and Proctor and Gamble too.
-
Much like spoonman said, there are a few that you really can't go wrong with such as Chevron, General Electric, Kinder Morgan, Realty Income, and Phillip Morris (to name a few that I own). There are many more stable blue chips, and even more dividend growth stocks with a less established history.
If you are interested in learning about individual dividend paying stocks, I recommend reading Seeking Alpha (http://www.seekingalpha.com). They are a fantastic source of news and information on individual stocks in general, and have a very popular section devoted to dividend stocks.
For one of the most definitive lists of dividend paying stocks out there, check out David Fish's Dividend CCC spreadsheet (http://dripinvesting.org/tools/tools.asp). It is a list of Dividend paying stocks with consecutive dividend increases over the last 25+ years (Champions), 10+ years (Contenders), and 5+ years (Challengers).
-
Much like spoonman said, there are a few that you really can't go wrong with such as Chevron, General Electric, Kinder Morgan, Realty Income, and Phillip Morris (to name a few that I own). There are many more stable blue chips, and even more dividend growth stocks with a less established history.
If you are interested in learning about individual dividend paying stocks, I recommend reading Seeking Alpha (http://www.seekingalpha.com). They are a fantastic source of news and information on individual stocks in general, and have a very popular section devoted to dividend stocks.
For one of the most definitive lists of dividend paying stocks out there, check out David Fish's Dividend CCC spreadsheet (http://dripinvesting.org/tools/tools.asp). It is a list of Dividend paying stocks with consecutive dividend increases over the last 25+ years (Champions), 10+ years (Contenders), and 5+ years (Challengers).
You are right ! Lots of really interesting information on the sites you listed. I will be spending quite a bit of time reading there, and I did not know about them. Thanks very much.
-
OMI (Owens & Minor). Dividend 2.9%. In 2012, they paid cash for a European company that distributes medical equipment (their core business here in the US). Their market cap is just over $2B so they're barely a mid-cap stock -- big enough to be a stable and solid choice -- and have plenty of room for growth in the coming decades.
http://www.fool.com/quote/nyse/owens-minor-inc/omi (http://www.fool.com/quote/nyse/owens-minor-inc/omi)
-
I like stocks that have a metric crap ton of cash and low payout ratio, plus solid earnings.
Apple, Microsoft, Cisco, Corning are a few of my favorites. The dividends are not sky high, but they are IMO some of the safest dividends on the market.