Credit: 
(New York)
Markets might be having a great year, but yields are still low and income investors still may not be meeting their cash flow goals. With that in mind, here are five stocks that might prove good income bets. Cummins, United Technologies, Honeywell, Ingersoll-Rand and Illinois Tool Works all possess strong dividends that should move higher. All the names yield over 2%, and all seem likely to raise their dividends in the future. Furthermore, all the selections have dividend payout ratios below 50%, making them sustainable.
FINSUM : Our long-term view is that bonds and income stocks are going to stay solid relative to anything else happening in the markets as there is a huge demographic tide of Baby Boomers moving into the age where they will need more and more income.
- stocks
- income
- cummins
- united technologies
- dividends
- yields
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
