With analysts predicting greater volatility in March because of spending cuts due to hit March 1 and the resurrected uncertainty in Europe, investors may find a bit of peace in four tried-and-true dividend-paying stocks.
The companies have paid consistent dividends for decades and may be exactly what some clients are looking for—a boring investment they don’t have to worry about.
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Investors take comfort in a cash dividend that has been consistently been paid out. Either the company has the money or it doesn’t.
Dupont, Coca-Cola, Sherwin Williams, and Archer Daniels Midland are the four magic names.
Dupont has paid a dividend each quarter since 1904.
Coke has paid dividends for 51 years straight and has raised its dividend every year since 1963.
Sherwin Williams began paying dividends in 1885 and has increased its dividend for 35 of the years since.
Archer Daniels was founded in 1923 and has paid a dividend every quarter since 1932.
They may not have a lot of sizzle but slow and steady can be pretty attractive in the midst of a rough-and-tumble economic recovery, volatile political uncertainty, and continued fallout
from the global sovereign debt crisis.