Particularly if you’re at or near retirement and focusing on income, you need to think about where stocks are going to be in a decade or two instead of a month or two.
That’s because hiding out in cash doesn’t give you much to live on, while long-term bond funds may expose you to considerable interest-rate risks.
The answer for many investors, then, is to rely on stable dividend payers that have strong operations that enable them to weather anything the market throws their way and sustain their dividends even during a downturn. Here are five such “forever stocks” I think investors should consider.
Each of the results pay a minimum dividend yield of more than 3 percent. It's important not to count on stocks that start with 1 percent.
These are the results:
Williams Partners LP -- Yield: 7.10%
Williams Partners LP (NYSE:WPZ) employs 6,742 people, generates revenue of $1,378.94 million and has a net income of $429.37 million. The current market capitalization stands at $28.77 billion.Williams Partners LP’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $724.43 million. The EBITDA margin is 52.54% (the operating margin is 29.71% and the net profit margin 31.14%).
Financials: The total debt represents 33.11% of Williams Partners LP assets and the total debt in relation to the equity amounts to 79.29%. Due to the financial situation, a return on equity of 3.26% was realized by Williams Partners LP.
Twelve trailing months earnings per share reached a value of $0.69. Last fiscal year, Williams Partners LP paid $2.20 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 70.98, the P/S ratio is 20.86 and the P/B ratio is finally 1.58. The dividend yield amounts to 7.10%.
Stock Charts:
Long-Term Stock Price Chart of Williams Partners LP (WPZ) |
Long-Term Dividend Payment History of Williams Partners LP (WPZ) |
Long-Term Dividend Yield History of Williams Partners LP (WPZ) |
HCP -- Yield: 6.03%
HCP (NYSE:HCP) employs 170 people, generates revenue of $2,266.28 million and has a net income of $893.19 million. The current market capitalization stands at $17.32 billion.HCP’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,799.50 million. The EBITDA margin is 79.40% (the operating margin is 58.35% and the net profit margin 39.41%).
Financials: The total debt represents 45.67% of HCP assets and the total debt in relation to the equity amounts to 90.91%. Due to the financial situation, a return on equity of 8.31% was realized by HCP.
Twelve trailing months earnings per share reached a value of $0.91. Last fiscal year, HCP paid $2.18 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 41.34, the P/S ratio is 7.64 and the P/B ratio is finally 1.60. The dividend yield amounts to 6.03%.
Stock Charts:
Long-Term Stock Price Chart of HCP (HCP) |
Long-Term Dividend Payment History of HCP (HCP) |
Long-Term Dividend Yield History of HCP (HCP) |
Consolidated Edison -- Yield: 4.28%
Consolidated Edison (NYSE:ED) employs 14,601 people, generates revenue of $12,919.00 million and has a net income of $1,092.00 million. The current market capitalization stands at $17.83 billion.Consolidated Edison’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,235.00 million. The EBITDA margin is 25.04% (the operating margin is 16.75% and the net profit margin 8.45%).
Financials: The total debt represents 29.32% of Consolidated Edison assets and the total debt in relation to the equity amounts to 103.30%. Due to the financial situation, a return on equity of 8.80% was realized by Consolidated Edison.
Twelve trailing months earnings per share reached a value of $3.74. Last fiscal year, Consolidated Edison paid $2.52 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.49, the P/S ratio is 1.38 and the P/B ratio is finally 1.42. The dividend yield amounts to 4.28%.
Stock Charts:
Long-Term Stock Price Chart of Consolidated Edison (ED) |
Long-Term Dividend Payment History of Consolidated Edison (ED) |
Long-Term Dividend Yield History of Consolidated Edison (ED) |
Agrium -- Yield: 3.33%
Agrium (NYSE:AGU) employs 15,500 people, generates revenue of $16,042.00 million and has a net income of $798.00 million. The current market capitalization stands at $15.08 billion.Agrium’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,619.00 million. The EBITDA margin is 10.09% (the operating margin is 7.23% and the net profit margin 4.97%).
Financials: The total debt represents 29.79% of Agrium assets and the total debt in relation to the equity amounts to 76.30%. Due to the financial situation, a return on equity of 11.76% was realized by Agrium.
Twelve trailing months earnings per share reached a value of $5.51. Last fiscal year, Agrium paid $3.03 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.11, the P/S ratio is 0.94 and the P/B ratio is finally 2.27. The dividend yield amounts to 3.33%.
Stock Charts:
Long-Term Stock Price Chart of Agrium (AGU) |
Long-Term Dividend Payment History of Agrium (AGU) |
Long-Term Dividend Yield History of Agrium (AGU) |
Unilever -- Yield: 3.10%
Unilever (NYSE:UL) employs 172,471 people, generates revenue of $53,023.02 million and has a net income of $6,037.29 million. The current market capitalization stands at $135.04 billion.Unilever’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $8,918.54 million. The EBITDA margin is 16.82% (the operating margin is 16.48% and the net profit margin 11.39%).
Financials: The total debt represents 25.76% of Unilever assets and the total debt in relation to the equity amounts to 90.63%. Due to the financial situation, a return on equity of 36.94% was realized by Unilever.
Twelve trailing months earnings per share reached a value of $1.96. Last fiscal year, Unilever paid $1.25 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 23.16, the P/S ratio is 2.55 and the P/B ratio is finally 8.55. The dividend yield amounts to 3.10%.
Stock Charts:
Long-Term Stock Price Chart of Unilever (UL) |
Long-Term Dividend Payment History of Unilever (UL) |
Long-Term Dividend Yield History of Unilever (UL) |