July 24, 2013
In this low interest rate environment, dividends are still looking great. After all, the S&P 500 currently yields about 2%, and that is a heck of a lot better than you can get through most savings accounts. On top of this, dividends do two important things:
But you still have to do your homework and screen dividend stocks for fundamental health. Stock selection remains critical with dividend stocks, because if you choose them correctly, you can make a fortune both as your invested capital appreciates over the years—and as the quarterly dividend grows.
And now is the perfect time to do so because we're coming up on a bunch of ex-dividend dates over the next few weeks. I've listed the big dividends below, as well as my current Portfolio Grader ranking for each of these stocks.
|AAPL||Apple Inc.||8-Aug||2.77%||Strong Sell|
|CAG||ConAgra Foods||29-Jul||2.71%||Strong Buy|
|CLF||Cliffs Natural Resources Inc.||13-Aug||3.28%||Strong Sell|
|EXC||Exelon Corp||13-Aug||3.98%||Strong Sell|
|F||Ford Motor Co.||31-Jul||2.36%||Buy|
|FNV||Franco-Nevada Corporation ADR||13-Aug||1.66%||Sell|
|HBI||Hanesbrands, Inc.||9-Aug||1.39%||Strong Buy|
|HCI||Homeowners Choice, Inc.||14-Aug||2.70%||Buy|
|SJM||The J.M. Smucker Company||14-Aug||2.12%||Strong Buy|