The market pullback is serving up a yield bonanza, and investors who rely on dividends to supplement their income have a wide variety of stocks to choose from. Super-sized payouts should probably be avoided because they come with higher risks and you don’t want to step in just before the distribution gets a nasty haircut. There are, however, a handful of stocks with rock-solid dividends that are now trading at very attractive levels.
Each of the attached stocks have a long dividend growth history of more than 10 years. In addition, the forward P/E is under 15, the debt to equity under 1 and earnigs should grow by more than 5 percent yearly for the next 5 years.
Finally every stock in the attached list is oversold by a RSI value of 0.4.
Here are some of my current ideas....
