3 Dividend Stocks in the ‘Sweet Spot’

Fiscal cliff or not, income-producing stocks will remain key

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3) Microsoft

Microsoft NASDAQ:MSFTI’m sure to take some hits on this one, but Microsoft (NASDAQ:MSFT) is still worth a long look. While not the prom king anymore — an honor that now goes to Apple (NASDAQ:AAPL) — you can’t deny that it’s a mammoth company with oodles of cash, a solid 10-year history of paying out and hiking dividends, with a yield of around 3.4% and a P/E of under 15x.

I know: It’s in a business that many feel can’t last forever, but recent, aggressive moves to storm the mobile world with the Surface tablet and Windows 8 could be game-changers. And all those old PCs that will need to be replaced soon mean more money in Microsoft’s dividend bank.

Marc Bastow is an Assistant Editor at InvestorPlace.com. As of this writing he is long MSFT, XOM, and AAPL.

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Article printed from InvestorPlace Media, http://investorplace.com/2012/11/dividends-are-not-dead-yet-msft-aapl-pbi-cvx-abt/.

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