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"It may not be the highest-yielding fund, but it's a solid dividend," he said.
While its growth phase might be behind it, Medtronic offers a solid dividend and sales that are unlikely to decline, he says.
The company is financially conservative, staying debt free and maintaining a solid dividend payout while keeping its payout ratio below 50%.
With a solid dividend yield near 2.6% and a terrific balance sheet, we expect to continue to hold this high-quality name for a while longer.
While the ETF seeks out companies with solid dividend yields, the additional emphasis on quality gives the ETF a kind of safety net.
With a solid dividend yield near 2.4% and a terrific balance sheet, we expect to continue to hold this high-quality name for a while longer.
Similar(50)
That compares with 59 S.& P. 500 companies that have trimmed or eliminated dividends over the same period, according to S.& P. Companies that have managed to increase their payouts in this tough economic climate may be a good target for a time-tested conservative investment strategy: buying shares of solid dividend-payers.
Two of them -- Verizon and SBC -- also have solid dividends, yielding well over 3percentt.
The government and its budget are also certain to benefit from solid dividends to be paid by the Reserve Bank.
You may be able to insulate yourself by buying stocks with solid dividends and reinvesting the quarterly payments in new shares commission-free, through dividend reinvestment plans.
ONE safe way to play the market in an unsafe time, in her view, is to hold global blue chips that are financially healthy and pay solid dividends.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com