7 Dividend-Yielding Companies With Strong YTD Returns
Dividends offer a way for companies to entice investors to choose them and reward their involvement, usually to make up for slow growth or an anticipated rough patch. Sometimes that slow growth or rough patch never comes and the stock returns better than the market, the dividend providing extra upside. Using the stock screener at finviz.com, we came up with a list of stocks that so far this year have done just that - in other words, they pay significant dividends (over 2%) and have returned more than 10% year-to date. The companies on this list are also priced well relative to future earnings, indicating that their upward trends may well continue. Protective Life Corp. (PL) is a life insurance company with a $2.26 billion market cap. The company is currently priced at 7.56 times its forward earnings and pays a 2.57% dividend yield. So far this year, PL has... Read more