Market Declines: An Opportunity to Acquire Dividend Stocks

Here are 3 dividend stocks worth a look on lower prices

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Market Declines: An Opportunity to Acquire Dividend Stocks

The reason why this paid off for me was the fact that I held a diversified portfolio consisting of over 30 individual components. Each of these companies kept business as usual, as their customers kept buying products or services on a daily basis. These products or services are everyday essentials that consumers or businesses need in order to operate.

For example, just because we are in a recession, people still brush their teeth, use electricity or shave every morning. The other thing that helped most of the companies I owned was the fact that they were and still are riding the long term trend where millions of consumers from emerging markets are entering middle class for the first time. This increases their customer base tremendously, and will likely do so for the next several decades.

A few attractively valued dividend stocks to consider after the recent declines include:

McDonald’s (NYSE:MCD) is attractively valued at 16 times earnings and yields 3.70%. The company has managed to raise dividends for 36 years in a row, and over the past decade has managed to boost them by 27.40% per year. Check here for a more detailed analysis of the stock.

Medtronic (NYSE:MDT)  is attractively valued at 12 times earnings and yields 2.50%. The company has managed to raise dividends for 35 years in a row, and over the past decade has managed to boost them by 15.80% per year. Check here for a more detailed analysis of the stock.

Walgreen (NYSE:WAG)  is attractively valued at 13.50 times earnings and yields 3.40%. The company has managed to raise dividends for 37 years in a row, and over the past decade has managed to boost them by 18.90% per year. Check here for a more detailed analysis of the stock.

Full Disclosure: Long MO, AFL,WAG, KMI


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/market-declines-an-opportunity-to-acquire-dividend-stocks-ko-wmt-mcd-wag-mdt/.

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