For dividend investors, there’s good news … and bad news.
The good news is that, if you’re looking for income, it sure hasn’t been hard to find. As of the second quarter’s end, the percentage of stocks paying dividends in the S&P 500 was sitting at a 15-year high. And zooming in on just the last decade, aggregate dividend payments have doubled overall.
The bad news, though, is that many dividend-paying stocks sport misleading headline yields or unsustainable payouts — hardly the kind of income stock you want to snatch up for the long haul, or as a way to weather the current political menu of a government shutdown for dinner and the debt ceiling crisis for dessert.
With that in mind, we sorted through piles of dividend stocks to find some that do offer sustainable, surefire payouts for loyal shareholders thanks to impressive payout histories and sustainable payout ratios.
Take a look: