7 Dividend Oxen to Plow Your Portfolio's Yield Harvest
We looked for safe, plodding high-yielders of all sizes with an ability to maintain and grow dividends. These are the reliable oxen we came up with to ensure prosperity in 2011: Coca-Cola Company (KO): Coke has paid dividends since 1893. Right now, the yield is 2.9%. Recorded investors on March 15 will get their next dividend payment on April 1. Over the last five years, share prices are up over 50%. They currently trade at a P/E of 12.7. For 2010, reported net revenue was $35.1 billion. Over the past five years, EBT margins have consistently been in the upper 20s, whereas for Dr. Pepper Snapple (DPS), it has been between 14% and 15%. The ROIC for Dr. Pepper Snapple was 9.5% in 2010, but for Coca-Cola it was right near 20%. In 2010, the company returned $7.2 billion to shareowners in 2010, through $4.1 billion in dividends and $3.1... Read more