Monday June 18, 2012
by Beth Piskora, S&P Capital IQ, The Outlook
Investors looking for regular income from their investments generally want that income to be paid out regularly throughout the year.
To help investors accomplish this, we’ve grouped these 18 stocks according to the dates on which they usually pay quarterly dividends. By purchasing just six issues — one in each time slot — you would receive two dividend checks per month during the course of the year.
These stocks provide the potential for a consistent dividend stream. In addition, all the stocks in the table are ranked four- or five-STARS for expected above-average price appreciation over the next 12 months.
We’ve gone one step further, and identified exactly how many shares to purchase, in order to receive monthly income of about $100 from selecting one stock from each dividend payment period.
EARLY JAN., APRIL, JULY, OCT.
MID-JAN., APRIL, JULY, OCT.
EARLY FEB., MAY, AUG., NOV.
MID-FEB., MAY, AUG., NOV.
EARLY MARCH, JUNE, SEPT., DEC.
MID-MARCH, JUNE, SEPT., DEC.
For example, in order to receive monthly income of about $100, you could buy 100 shares of Coca-Cola, 120 shares of Altria, 40 shares of Kinder Morgan Energy Partners, 100 shares of Abbott Labs, 85 shares of ExxonMobil, and 55 shares of Chevron.
At recent prices, the six-stock portfolio of Master List stocks would cost $32,565 (before brokerage commissions) and provide annual income of $1,189, for a yield of 3.6%, higher than the recent 2.5% yield on the S&P 500.
Learn more about this financial newsletter at S&P The Outlook.