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5 Set-and-Forget Dividend Stocks

JNJ stock, VZ stock lead pack of stalwarts delivering solid Q4 earnings results

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General Electric (GE)

dividend-stocks-GE-stockIndustrial giant and Dow component General Electric (GE) is no stranger to delivering strong earnings, and it did so again on Friday, Jan. 17, with fourth-quarter earnings per share that rose 4.8% year over year to $4.2 billion, or 41 cents per share. Excluding one-time items, GE stock experienced EPS of 53 cents, a metric that was in step with analysts’ expectations.

Although CEO Jeff Immelt said the company, “Saw good conditions in growth markets, strength in the U.S., and a mixed environment in Europe,” GE did fail to meet its own projections that it would improve profit margins in its industrial businesses. Still, there is no question that GE stock is one of the best set-and-forget dividend stocks, especially with a 3.3% dividend yield and upside of nearly 19% over the past 12 months.

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