Better Dividend Stock: Ford vs. Pfizer

Dividend stocks can be a good strategy for investors seeking a reliable and potentially more predictable stream of passive income. Two companies with high Dividend yields are the longtime automaker Ford Motor Company (NYSE: F) and the large pharmaceutical company (NYSE: PFE). Ford's trailing-12-month dividend yield is over 4.5%, while Pfizer's yield is roughly 6.9%.

However, high dividend yields are often high for a specific reason. The key is to ensure that companies can cover their dividend payments and also have room to increase their dividends. Which is the better dividend stock: Ford or Pfizer?

Image source: Getty Images.

Continue reading


Source Fool.com