2 Automotive Dividends to Buy and 1 to Avoid

It's been nearly five years since Ford (NYSE: F) last paid out a quarterly dividend, while General Motors (NYSE: GM) hasn't paid out a dividend since early 2008, which is well before its bankruptcy and subsequent reorganization. The once-dominant names in American automotive engineering have been reduced to white noise for dividend-seeking investors, begging the question: What's a dividend seeking investor to do? For starters, rather than driving yourself crazy searching for dividend income from a small scope of well-known names, widen your search and you could be surprised by some previously unknown companies. Considering all aspects of automotive production, not just the final product (the car), two names stand out with a strong history of uninterrupted dividend growth. On the other hand, a longtime dividend payer in this sector could have you hitting the brakes.... Read more