Here are Some Great but Out-of-Fashion Dividend Stocks

Shutterstock photo
Here are Some Great but Out-of-Fashion Dividend Stocks

(New York)

A couple of years ago dividend stocks were all the rage as low rates pushed investors into higher yielding investments. Utility stocks, for instance, surged as investors piled in. However, such shares have become out of fashion over the last year as investors have sought out growth and the companies that will benefit from Trump's policies. Accordingly, now may be a good time to buy back into the sector, especially if one is okay with stomaching some contrarian bets. For instance, Macy's, Kohl's, Target, and L Brands are all good-paying dividend stocks from the embattled retail sector. While Qualcomm, Western Union, and Oneok (oil and gas pipelines) are others from different industries. Macy's and Kohl's are both currently sporting dividend yields of 6%+.

FINSUM : These retail stocks have great dividend yields, but you need a good deal of conviction to hold them as their chances of going bust seem high. That said, they could be good buyout candidates too, which could boost their prices.

  • stocks
  • dividends
  • retail
  • macys
  • kohls

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: Investing , Stocks

More from FINSUM




Research Brokers before you trade

Want to trade FX?