Where are the safe stocks that you can put your cash and expect money back faithfully? Certificate of deposits (CDs) and bonds have returned low yields for the past decade, so where is the old fashioned growth? With dividend stocks.
To answer this question we can look to the Dow Jones Industrial Average. Charles Dow created his first collection of 12 industrial stocks on May 28, 1896, for the Edward Jones’ Wall Street Journal.
From that original 12, only one remain, General Electric (GE). However, others have arrived.
These stocks are reliable for income via dividends,they can be expected to yield at least 3%.
Number 1: Caterpillar (CAT), Yield: 3.2%
Number 2: International Business Machines (IBM), Yield: 3.2%
Number 3: General Electric (GE), Yield: 3.3%
Number 4: Cisco Systems (CSCO), Yield: 3.4%
Number 5: Coca-Cola (KO), Yield: 3.4%
Number 6: Boeing (BA), Yield: 3.5%
Number 7: Exxon Mobil (XOM), Yield: 3.6%
Number 8: Chevron (CVX), Yield: 3.9%
Number 9: Pfizer (PFE), Yield: 4.1%
Number 10: Verizon Communications (VZ), Yield: 4.7%
Walt Disney Co. (NYSE:DIS) reports their Q1 results for the 2017 fiscal year tomorrow after market close, Tuesday, February 7. Disney’s stock is up more than 16% since the beginning of November, double the S&P 500’s 8% gain. Headline numbers from the Q1 report will be hard to match from last year’s, due to the massive success of Star Wars: The Force Awakens from the holiday season 2015.
From Q1 2016, Revenue was 15.24 billion, segment operating income was 4.27 billion, net income was 2.88 billion and adjusted EPS was 1.63. Analysts expect an EPS of 1.50, on revenue of 15.29 billion. Down about 8% for the year-over-year comparison.
Check out more here.
Orbital ATK Inc.(NYSE: OA) does not appreciate being overlooked by the Defense Advanced Research Projects Agency (DARPA) for a contract to build a space robot who’s purpose is to repair satellites while in orbit. The contract was awarded to Loral LLC., a company based out of Canada, leading to the lawsuit, Orbital ATK states that DARPA “violates long-standing principles of the U.S. National Space Policy, wastes taxpayer funds and benefits a foreign-owned corporation.” Not only that, but Orbital ATK has funded their own research with 200 million dollars, only to find themselves on the outside looking in. The company expects the court to rule that DARPA is in violation of federal policies and issue an injunction to halt the program. Orbital ATK believes that because Space Systems Loral does not have to factor in personal investment into their bid, they can achieve a lower cost, therefore unfairly winning the bid from DARPA. Orbital looks to provisions in the 2010 National Space Policy that instructs federal agencies to purchase commercial space services from industry available domestically and to prohibit them from conducting government space activities to the disadvantage of private companies. I like these private firms and feel they will have big success in the future. My vote is for them.