5 Boring Stocks, 5 Sexy Yields

If you can survive the yawns, these stocks will pay off

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5 Boring Stocks, 5 Sexy Yields

Wal-Mart

walmart 5 Boring Stocks, 5 Sexy YieldsCurrent Yield: 2.7%

We’ll start with that most mundane of American retailers, Wal-Mart (NYSE:WMT).

Wal-Mart is about as dull as it gets as a company. It’s the world’s largest retailer of the basic “stuff” of modern life — everything from food to build-it-yourself furniture.

But Wal-Mart also happens to be a dividend-growing dynamo. In 2002, just 10 years ago, Wal-Mart paid 7.5 cents per quarter in dividends. Today, it pays 39.8 cents — an increase of more than fivefold.

With Wal-Mart’s domestic expansion slowing in the years ahead (and thus needing less cash for investment), I expect the company to continue aggressively raising its dividend. The stock currently yields an attractive 2.7%, which is substantially more than what most bonds pay.


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/5-boring-stocks-5-sexy-yields/.

©2014 InvestorPlace Media, LLC

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