3 Stocks Offering Steady Retirement Income

These companies are rewarding shareholders, and analysts expect ample earnings growth in years to come

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Qualcomm

QualcommLogo 3 Stocks Offering Steady Retirement Income5-Year Dividend Growth Rate: 17.5%
5-Year Expected EPS Growth Rate: 16.7%

With a leading role in the mobile devices market, Qualcomm (QCOM) continues to churn out higher revenues and earnings, with fiscal 2012 revenues up 28% year-over-year to $19 billion and earnings 43% better at $6 billion.

Mobile is everything in computing today, and its growth is all but guaranteed to continue unabated into the near future, so I wouldn’t look for Qualcomm to lose any momentum heading into the next five-year stretch. QCOM’s most recent second-quarter report showed revenue ahead 35% compared to last year, and net income is ahead 30% — a nice foot forward.

QCOM’s dividend growth rate is a bit skewed by its most recent bump from 25 cents to 35 cents per year, but that’s no reason to expect Qualcomm to tighten the dividend spigot any time soon.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/3-stocks-for-steady-income-in-retirement-utx-hd-qcom/.

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