Hey all,
I’m not a dividend investor but I do own dividend stocks for diversification - particular Canadian bank stocks trading in NYSE and Nasdaq.
Based on some reading, I shortlisted 3 stocks with stable and generous dividend potential.
Let me know what you think and share any of your favorite dividend stocks:
- Johnson & Johnson
Has been putting a lot investments to R&D for it’s long term strategy as well as strategic acquisitions.
Dividend yield: 3.4%
- British American Tobacco Its been diversifying into new categories, experiencing a solid top-line growth and attracts millions of consumers with non traditional tobacco/nicotine products.
Dividend yield: 10.2%
- Philip Morris
Leads in on smoke-free products, achieving high organic profit growth with debt reduction.
Dividend yield: 5.6%