Morningstar's Peters Likes Dividend Stocks GE, Southern, Chevron

Tuesday, 12 Aug 2014 10:04 AM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Morningstar's dividend-stock guru Jeremy Glaser, editor of its DividendInvestor newsletter, recommends General Electric, Chevron and Southern for your portfolio.

General Electric Co.: "This is a very straightforward dividend-value proposition," he tells Morningstar.com.

"The stock has been yielding over 3 percent for some time now. That's half again or more than you can get from the market overall." GE's yield totaled 3.5 percent Friday. GE's businesses are "world-class," Peters says.

Editor’s Note: Get These 4 Stocks Before 399% Stock Market Rally!

Chevron Corp.: While other companies such as ExxonMobil have been seeking to maximize cash flow and then devoting it to share buybacks or hoarding it, Chevron is putting its money back into operations, Peters says. "It has been really lucky with the drill bit. Now they have this vast opportunity to go out and develop."

Southern Co.: "Traditionally it has been really the go-to name in regulated utilities," Peters says. "It's very large with substantial operations in four states. Even more importantly, they've had terrific regulatory relations in those states. Regulators allow them to earn higher returns than most utilities get.

S&P Capital IQ analyst Jim Corridore gives GE a four-star (out of five) buy rating. S&P Capital IQ analyst Stewart Glickman has a four-star buy rating for Chevron. And S&P Capital IQ analyst Christopher Muir has a three-star hold rating for Southern.

GE shares have returned a negative 7.5 percent so far this year through Thursday, Chevron shares have returned 2.3 percent and Southern has returned 7.5 percent.

Editor’s Note: Get These 4 Stocks Before 399% Stock Market Rally!

Related Stories:

© 2014 Moneynews. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

G-20: Uneven Global Economic Growth Isn't Creating Enough Jobs

Sunday, 21 Sep 2014 10:27 AM

Finance chiefs from the 20 largest economies said on Sunday they are close to reaching their goal of boosting world GDP  . . .

Relief Over Scotland Gives Way to Global 'Great Stagnation' Worries

Sunday, 21 Sep 2014 09:46 AM

Scotland's rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough . . .

Treasury's Lew: US Completing Work on Limiting Inversions Benefit

Sunday, 21 Sep 2014 09:39 AM

U.S. Treasury Secretary Jacob J. Lew said the department is finishing work to limit the benefits companies gain from mov . . .

Most Commented
Top Stories

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved