7 Dividend Stocks to Grow Your Nest Egg
Help secure your retirement with these safe, high-yield stocks
#3 – Black Hills (BKH)
|You should always focus on generating steady cash flow through dividends for your portfolio. Minimize risk, even if it seems boring. That’s why I like Black Hills Corp. (NYSE: BKH). The 4.8% dividend yield and 13% gain year-to-date should be enough to entice anyone — but top that off with a history of dividends since 1942, and you have an income investment that’s a lock.BKH may not be very sexy as a utility operator with a market cap of around $1 billion. But leave the sexy semiconductor and biotech trades to aggressive, high-risk traders and bank on some steady appreciation and a big dividend from this great utility stock.
||Louis Navellier’s Top Stocks for the 4th Quarter Surge
Article printed from InvestorPlace Media, http://investorplace.com/2010/08/high-yield-dividend-stocks-for-retirement/.
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