Income Investors: 7 Low Risk, High Yield Stocks for a Retirement Portfolio
We reviewed the investment universe for low volatility, large-cap stocks. Investment Underground found seven safe havens for your money in retirement. Those which passed the test are: 3M Company (MMM) has a market cap of $64 billion. Over the past five years, the share price is up 22%. Moreover, its board of directors recently upped its dividend to $0.55 for Q1 2011. This is a current yield of 2.4%, and MMM has paid dividends since 1916. Shares also trade under a P/E multiple of 16, coming from an EPS of $5.63. For 2011, 3M expects EPS to be in the range of $5.90 to $6.10 or increases in the range of 4.79% to 8.3%. In 2010, the company brought in $26.6 billion in revenues, which is a year-on-year increase of 15.3%. It also has a healthy EBT margin of 21.59%. In comparison, GE (GE) and Tyco (TYC) posted EBT margins... Read more