Service Sector Dividends Growing Like Weeds

In light of low bond yields and the threat of interest rate risk, investing in dividends companies is attractive because of higher present yields and the opportunity for dividend growth. Income investors searching for growing dividends could benefit by adding service sector companies to their portfolios. The service sector is the unsung hero of modern American economy. Among the most ridiculous of ironies, pundits in the financial media lament the decline of American manufacturing while working in the service sector themselves! The following dividend paying stocks were screened for their long term performance. Each of the following service sector companies pays a dividend in excess of the 10-year treasury yield and had over a 5% average annual increase in dividend payments over the past 10 years. Thus, each of these dividend stocks pays more than treasuries and has a long-term trend of dividend growth, which is better than the static... Read more