3 Top Dividend Stocks With Yields Over 5%
When investing in dividend stocks, it's always tempting to go for a high yield. And while there are risks in doing so, you can offset those by investing in top companies that have strong track records and strong businesses.
The three stocks listed below can offer investors the best of both worlds -- stability and high dividend payments.
GlaxoSmithKline (NYSE: GSK) is a stable, safe stock for investors who are looking to cash in on its dividend. With the stock up just 9% over the past 12 months, investors would be better off holding the S&P 500, which produced returns of 23% over the same time frame. The company released its year-end 2019 results on Feb. 5, and although it generated positive growth and its adjusted earnings per share (EPS) was up 1% on a constant exchange rate basis, GlaxoSmithKline expects that in 2020 it will decline between 1% and 4%.
Source Fool.com
