What's the income investor to do? Major indices sit at
all-time highs making the hunt for quality names paying a healthy
dividend even harder to find. What if you could find stocks
paying more than a four percent dividend, have a history of
increasing their yield, and have an attractive chart? Here are a
Ever wonder who makes all of those (sometimes annoying) ads
that play while you sit in a movie theater waiting for your movie
to start? National CineMedia (NASDAQ:
) is the answer.
This small cap name has a dividend of 5.77 percent and is
currently up 21 percent off of its lows. Its latest earnings were
strong and the chart shows a tight wedge poised to break out. If
it breaks out to the upside, the stock could test its October
Westar Energy (NYSE:
) is an electric utility that provides power generation and
transmission in Kansas. It has a beta of 0.53 and a dividend of
Not only is it a relatively safe stock, the chart has rocketed
up to 52 week highs after a small correction in late February.
Income investors know that there's always yield in the utilities
space but Westar Energy has growth characteristics too.
Cypress Semiconductor (NASDAQ:
) is one of the semiconductor names that doesn't have the
mainstream appeal of an Intel (NASDAQ:
) or Texas Instruments (NASDAQ:
) but who wants Intel right now, anyway?
The company makes everything from touchscreen displays to LED
technologies. It pays a 4.18 percent dividend and has increased
it more than 13 percent over the past three years.
The chart recently broke out of a base pattern after a
downtrend that started in June. The chart looks promising but
watch for a near-term pullback based on diminishing volume.
Finally, Dow Chemical (NYSE:
) develops materials for use in agriculture, healthcare, solar,
consumer products, and more. It pays a 4.03 percent dividend and
has increased it 13 percent over the past three years.
The chart tells the story of a name that has a beta of 2.35.
From mid-November to the beginning of February it was up 27
percent only to give half of it back. It's since regained 6
percent of the losses and is testing its 50 DMA. If it breaks
through, it's next major resistance level is six percent
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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