The S&P 500’s Best Dividend Payers!
Following our quest to finding high quality companies that grow thier dividends over time, we look to the Big Caps in the S&P 500 for some superior performing dividend paying companies.
We’ll use a screen from Business Week that looks for high quality companies with 4 or 5 star ratings, a dividend yield greater than 2.50%, and dividend growth of 5% or greater in each of the past five years.
The screen returned the following results:
Abbott Labs
Altria Group
Bank of America
BB&T Corp.
Citigroup
General Electric
Pfizer
Synovus Financial
Your homework is to cross reference these stocks with Mergent’s Dividend Achievers and check out each of the charts to look for support and resistance levels.Â
Let’s see what we can find out.
source: Business Week
