Among the best methods for keeping yourself prosperous is actually jumping into high dividend stocks with stable and solid fundamentals. With the U.S. stock market resuming the upward movements, it is a good time to take into consideration adding high dividend stocks to your portfolio. Purchasing constant high dividend stocks for reasonable prices do help you enjoy solid incomes and price appreciation.
General Electric (GE): General Electric Company is a diversified technology and financial services company operating worldwide. GE shares previously closed at $19.20 with a twelve month trailing price to earnings of 15.88 and a five year forward price to earnings of 10.91. GE has paid dividends since 1899 and currently yields at 3.39% with a payout ratio of 53.0%. On the basis of the latest closing price, GE’s market cap is $203.28 billion. PEG shares have gained 7.2% year to date and trade modestly with a five year expected PEG ratio of 0.98 by comparison with the industry average level of 0.84. According to the data by Thomson/First Call, the consensus price target of GE shares is $22.50, off which the current price is 14.67%. The consensus rating on GE shares is “buy.”
Johnson & Johnson (JNJ): Johnson & Johnson is a holding company which engages in the research, development, manufacture, and sale of various products in the health care field worldwide. JNJ shares previously closed at $62.98 with a twelve month trailing price to earnings of 17.27 and a five year forward price to earnings of 11.56. JNJ has paid dividends since 1944 and currently yields at 3.70% with a payout ratio of 64.00%. On the basis of the latest closing price, GE’s market cap is $172.97 billion. PEG shares have slipped 3.96% since the beginning of this year. JNJ shares are modestly priced with a PEG ratio of 2.10, compared with the direct competitors: Novartis AG (NVS) with a five year expected PEG ratio of 2.52 and Procter & Gamble Co (PG) with a PEG ratio of 2.23. According to the data by Thomson/First Call, the consensus price target of JNJ shares is $71.77, off which the current price is 12.25%. The consensus rating on JNJ shares is “buy.”
Procter & Gamble Co (PG): Procter & Gamble provides consumer packaged goods and improves the lives of consumers worldwide. PG shares previously closed at $62.75 with a twelve month trailing price to earnings of 19.24 and a five year forward price to earnings of 15.16. PG has paid dividends since 1891 and currently yields at 3.40% with a payout ratio of 66.00%. On the basis of the latest closing price, PG’s market cap is $171.94 billion. PG shares have slipped 5.94% since the beginning of this year. PG shares are modestly priced with a PEG ratio of 2.23, compared with the direct competitors: Johnson & Johnson (JNJ) with a PEG ratio of 2.10 and Kimberly-Clark Corporation (KMB) with a five year expected PEG ratio of 2.48. According to the data by Thomson/First Call, the consensus price target of PG shares is $71.12, off which the current price is 11.77%. The consensus rating on PG shares is “buy.”
Cleco Corporation (CNL): Cleco Corporation operates as a public utility holding company primarily, through its subsidiary, Cleco Power, engages principally in the generation, transmission, distribution within Louisiana. CNL shares previously closed at $41.49 with a twelve month trailing price to earnings of 12.80 and a five year forward price to earnings of 16.21. CNL has paid dividends since 1935 and currently yields at 2.90% with a payout ratio of 38.00%. On the basis of the latest closing price, GE’s market cap is $2.53 billion. CNL shares have increased 8.9% from the beginning of this year. CNL shares are slightly high priced with a PEG ratio of 5.71, compared with the direct competitors: CenterPoint Energy, Inc. (CNP) with a PEG ratio of 4.28 and Southern Company (SO) with a five year expected PEG ratio of 3.20. According to the data by Thomson/First Call, the consensus price target of CNL shares is $41.67 and the current stock price is almost flat with the target. The consensus rating on PG shares is “hold.”
DTE Energy Company (DTE): DTE Energy Company supplies electricity and natural gas to its customers throughout the state of Michigan. DTE shares previously closed at $57.99 with a twelve month trailing price to earnings of 14.32 and a five year forward price to earnings of 14.53. DTE has paid dividends since 1909 and currently yields at 4.10% with a payout ratio of 58.00%. On the basis of the latest closing price, GE’s market cap is $9.86 billion and DTE shares have increased 6.5% from the beginning of this year. DTE Energy Company is slightly high priced with a five year expected PEG ratio of 3.60, compared with the direct competitors: CMS Energy Corp. (CMS) with a PEG ratio of 2.57 and Integrys Energy Group, Inc. (TEG) with a PEG ratio of 3.20. According to the data by Thomson/First Call, the consensus price target of PG shares is $56.35 and the current stock price is almost flat with the target. The consensus rating on PG shares is “hold.”