The 5 Best High Yielding Dividend Aristocrats Remain Appealing
The S&P 500 (SPY) Dividend Aristocrats is an excellent source of ideas when looking for high yielding stocks. Only 8% have increased dividends annually for a minimum of 25 consecutive years to qualify for this group. Dividend Aristocrats are more impressive than in the past because each company has continued increasing dividends through the worst economic recession in decades. Of the 8 with yields above 3½%, 5 are industrial companies with good prospects. But each has problems requiring higher yields demanded by investors.Pitney Bowes (PBI), with a 5.7% yield, has one of the highest yields on the NYSE. High yields are rewards for a higher level or risk. I have a small position in PBI and watched it drift sideways for the last decade because of concerns that the mail business will not last over the long term. But PBI is a leader in supplying computer services to companies,... Read more