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5 Boring Stocks With Exciting Dividends

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AllianceBernstein Holding

dividend stocks to buyDividend Yield: 7.4%

Money management firm AllianceBernstein Holding (AB) currently yields 7.4%, but those dividends could — and likely will — grow in the foreseeable future.

The nature of the money-management business can ebb and flow considerably, sometimes with the economic cycle, and sometimes apart from it.

One thing is clear, though … AllianceBernstein is capable of putting up big revenue and earnings numbers. When it does, it ups the dividend to reflect those larger profits and wider margins.

And with a 63% increase in last quarter’s earnings on top of a $60 million acquisition of another investment firm a couple of months ago, there’s room for dividend growth.

Article printed from InvestorPlace Media,

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