Power Your Portfolio with Dividends
The Staton Institute® founder Bill Staton is interviewed on the power of dividends by CNNMoney.com, February 2004, Michael Sivy
Excerpted from "Sivy on Stocks"
...You should evaluate your portfolio to make sure that you are well diversified and that you include stocks that can hold up well during temporary market dips.
The share of large, well-established companies with very long histories of dividend increases typically show that kind of resilience.
Bill Staton, whom I've known for more than 20 years, tracks such stocks in his annual guide to America's Finest Companies®.
Of the 304 companies listed in Staton's guide, I focused on those that also made my list of 70 stocks.
Here are three that have raised their dividend for more than 25 years in a row, get top marks for financial strength and earn superior ratings from many analysts.
In addition, all three offer above-average total return potential over the next five years and trade at P/Es below 20, based on projected earnings for the next 12 months.
Sivy's picks: General Electric, Illinois Tool Works, and Johnson & Johnson.
