8 Dividend Stocks With Strong Cash Coverage Reaching New Highs

If you’re considering dividend stocks as a source of income, remember that dividends are not a guarantee of future payments. To be sure that your dividend will stick around, checking the company’s cash flows can give an idea of how easily they can continue paying income to shareholders. We screened today’s stocks reaching new 52-week highs for those paying substantial dividends. We then analyzed this list to find those with strong operating and levered free cash flows relative to their dividend payment. Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Your browser does not support iframes. We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis... Read more