Two Safe High Yielding Stocks
Are you on the look out for income stocks? While their position in one's portfolio is changing given rising rates, good income stocks, especially safe ones, are always of value. The S&P 500 is currently only yielding about 2%, which is now less than two-year Treasuries. However, one can find very strong stocks with 3-4% yields. Those include Target and Qualcomm, the latter of which is yielding 4.2% and is a very well-covered stock. Also check out Seagate, CenturyLink, Pitney Bowes, and Navient.
FINSUM : These picks come from what seems to be a very diligent dividend-focused manager that was recently profiled in Barron's. Our big question is how much dividend stocks might suffer in a rising rate period.
- high yield