Size, history and dependable payouts never go out of style, which is why it always good thinking to have some high-dividend blue-chips stocks on your list of stocks to buy.
No, you’re not going to get the absolutely highest yields in the market with these names. You have to look at real estate investment trusts and master limited partnerships for those … but many of them don’t really qualify as blue chips when it comes to size, length of history and dependability of dividends.
For all those qualities and more, you have to add some boring defensive sectors to your search of high-yield blue chip stocks. Sure, you’re going to give up some dividend yield, but you’re also going to shed some risk. Large-cap telecommunications or healthcare stocks aren’t really known as fly-by-night operations.
A combination of defense and dividend yield is especially attractive these days. Stocks are hitting all-time highs, so of course you want to participate in that. Interest rates are near all-time lows, so generous dividend payers really make the income part of your equity-income portfolio shine. And there’s no telling when this market will correct (or worse), making blue chips with low volatility and other defensive characteristics a good place to be.
Here are five high-dividend, blue-chip stocks to buy for this nail-biting market: