9 Safe, Unsurprising Dividend Tycoons for 2011
Many investors fear that a continued fall is forthcoming. Low-beta, high-yield equities are probably a safer bet than treasuries (TLT) or the US dollar (UUP). We put together a list of high-yielders that are selling at a discount, and should be able to weather 2011's storms. This is what we found:JP Morgan Chase (JPM) quickly took advantage of allowable dividend increases by bumping its quarterly mark up to $0.25 from $0.05. This actually isn’t that far off from the pre-recession $0.38 quarterly payout. Add in the 5% payout ratio and the future outlook for this financial powerhouse appears to be promising. The 2.1% current yield isn’t that attractive, but then again the $8 Billion common share buyback should be factored in to the shareholder value equation. Some might not be keen on the near 50% increase in CEO Jamie Dimon’s compensation during 2010, but to be fair, his year-to-year... Read more