8 American Mid-Cap Consumer Goods Companies That Currently Yield Over 3%

As has been discussed by so many, ad nauseum, current interest rates for cash and CDs is next to nothing, as are short term U.S. Treasuries. To get over 3% from a Treasury, you have go out 10 years, even though U.S. debt is being downgraded. Many investors are avoiding the bond markets, fearing potential bond value depreciation, and looking for higher yielding equities that can fill or supplement the fixed income portion of a portfolio. I recently discussed the ten Dow Jones Industrial Average (DJIA) components that currently yield 3% or more, and the list seemed fairly helpful, since the average dividend within the S&P 500 (SPY) is approximately 1.75%, and the Dow Jones Industrial Average (DIA) is yielding about 2.4%. The list contained some telecom and pharmaceutical companies, which are commonly touted as dividend darlings, but also a few companies in the consumer good sector that own strong... Read more