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Top 10 Dow Dividend Stocks for November

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#9: Microsoft (MSFT)

microsoft-stock-msft-dividend-stocksDividend Yield: 3%
YTD Performance: +41%

PC sales are a slowly melting iceberg, Windows Phone is an also-ran in the mobile competition, the new operating system has hardly caught fire and CEO Steve Ballmer is out.

And yet, Microsoft (MSFT) is up 41% year-to-date.

As easy and fun as it may be, you just can’t count MSFT out. As recently as June, the stock didn’t even make the list of top Dow dividend payers. Now, it’s at No. 9, throwing off a more-than-respectable yield of 3%.

Plus, with a forward P/E of 13, you still can pick up MSFT at a reasonable valuation, given the 9% growth forecast. Shares could enjoy even more multiple expansion if the company taps a new CEO who excites the Street.

Article printed from InvestorPlace Media,

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