Companies that pay a part of their earnings to stockholders are known as dividend stocks. The payment is a dividend and is a return of cash to shareholders. Most dividend stocks come from well-established companies with stable revenue and earnings. In turn, this consistency allows the company to pay a dividend.
Verizon (VZ) is number one on this list for two reasons: an excellent dividend yield combined with good dividend safety. First, most investors know about Verizon. The company is a cell phone giant with one of the largest US networks.
Coca-Cola (KO) is one of the most well-known dividend stocks. Additionally, the company owns some of the most famous brands globally, operating in more than 200 countries.
Consolidated Edison's market is mature but growing. As a regulated utility, the company has a monopoly in its service area. In addition, the population of the NYC area continues to grow. In turn, this growth should drive electricity and natural gas demand.
Dividend Power is not a licensed or registered investment adviser or broker/dealer. He is not providing you with individual investment advice. Please consult with a licensed investment professional before you invest your money.