5 Dividend Stocks for Your Day-to-Day Needs

Trash collection? Soap? Yeah, those aren't going away.

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5 Dividend Stocks for Your Day-to-Day Needs

Waste Management

WasteManagement185 5 Dividend Stocks for Your Day to Day NeedsDividend Yield: 3.5%

After you’ve just finished cleaning your house, the next inevitable step is (hopefully) getting rid of your waste. The company that’s probably responsible: Waste Management (WM) — the largest environmental solutions provider in North America.

While Waste Management is slated for mediocre earnings growth over the next few years and has been struggling to meet earnings expectations of late, it remains one of my personal favorite picks. The main reason: Not only does it serve a day-to-day need, but it serves a need that theoretically should keep growing at least as fast as our population does.

WM has paid a dividend since 1998, and since 2004, that payout has increased every year to nearly double overall. The current 37-cent dividend is good for a solid 3.5% yield, even in the face of a 24% climb for 2013.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/5-dividend-stocks-serving-your-day-to-day-needs/.

©2014 InvestorPlace Media, LLC

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