I read an interesting article this morning on The Street about dividend stocks that are safer than treasury notes. The article goes over a formula to test each company’s ability to continue payments despite economic conditions, and seven passed the test.
The seven stocks discussed are Proctor and Gamble, Coca Cola, Intel, Exxon Mobil, Johnson and Johnson, Home Depot (in my portfolio), and Pfizer.
I have become more of an advocate for dividend stocks over the last year or so. Yields have generally increased as the market have been very volitile, and a good dividend can easily make up for a decrease in stock price.
Also, thanks to Suburban Dollar for including my post on How IPOs Work in this week’s carnival of personal finance.
