Dividends: How to Get Paid Regularly
If you’re looking concerning income, S&P has compiled a list of shares that furnish supplies the possible for a consistent dividend stream
by Beth Piskora From Standard & Poor’s Equity Research
Investors looking for regular income from their investments generally shortness that income to be paid out regularly throughout the year. To help investors accomplish this, we’ve grouped a pitch upon number of stocks according to the dates on which they usually pay quarterly dividends.
Here’s how it works. By purchasing lawful these six issues, you would receive sum of two units dividend checks by means of month during the deportment of the year. We’ve gone one deed further and identified exactly how many shares to purchase in order to greet monthly income of about $100. For prototype, you could buy 185 shares of Pepco, 75 shares of PNC Financial Services, 125 shares of AT&T, 125 shares of Oneok, 75 shares of Integrys Energy Group, and 25 shares of Dominion Resources.
At recent prices, the six-stock portfolio would cost $28,925 (before brokerage commissions) and provide annual income of $1,200, for a yield of 4.1%. That is much higher than the existing 2.2% yield on the S&P 500. In adding, all the stocks on the list are ranked 4 STARS (buy) or 5 STARS (resisting buy) by Standard & Poor’s equity analysts for expected above-average price appreciation over the next 12 months.
Company
Ticker
S&P STARS Rank
Dividend Yield (7/30/08)
Pepco
POM
4
4.3%
PNC Financial Services
PNC
4
3.6%
AT&T
T
5
5.1%
Oneok
OKE
5
3.4%
Integrys Energy Group
TEG
4
5.2%
Dominion Resources
D
4
3.5%
Original text: http://www.businessweek.com/investor/content/jul2008/pi20080731_598255.htm?campaign_id=rss_null
