IBD 50 Stocks BlackRock, Tupperware Pay Dividends


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Published every Monday and Wednesday (and everyday on Leaderboard), the IBD 50 offers investors a list of top growth stocks. Sometimes, even a few IBD 50 names pay cash dividends.

Earlier this year, investment manager and advisory giant BlackRock ( BLK ) upped its quarterly dividend by 12% to $1.68 a share. The firm's dividend has more than doubled since 2008. On an annual basis, BlackRock pays $6.72 a share, giving it a yield of about 2.7%. This is slightly above the yield of the S&P 500, which is around 2.5%.

Although the company's earnings fell 23% in 2008, they have risen each year since. Last year, BlackRock's profit grew 15% to $13.68 a share. Analysts see a 14% gain in earnings this year. The three-year Earnings Stability Factor is 8 on a scale of zero (highly stable) to 99 (highly volatile), indicating a rock-steady stream of earnings.

BlackRock is in buying range from a rebound off its 10-week moving average. The stock cleared a saucer with a handle in November.

Tupperware Brands ( TUP ) took some heat Monday after being downgraded to equal weight from overweight at Morgan Stanley. The stock is nearing potential support at its 10-week moving average. This would mark its first test of the line since clearing a flat base in January.

The network marketing company, known for its plastic food containers and skin care products sold through representatives, spiked its quarterly dividend by 72% to 62 cents a share in late January. Tupperware will dole out the cash April 5 to shareholders of record on March 20.

Tupperware pays shareholders $2.48 a share on an annual basis and has a yield of 3.1%.

Except for 2005, Tupperware has delivered double-digit profit growth since 2004. It has a three-year Earnings Stability Factor of 2.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Personal Finance , Investing Ideas
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