3 High-Yield Dividend Aristocrat Stocks
Thankfully for income-seeking investors, Dividend Aristocrats span a host of industries. Among the set of companies that have increased their dividends for at least 25 consecutive years, three high-yield opportunities worth consideration are technology giant Intel (NASDAQ: INTC), manufacturing leader Emerson Electric (NYSE: EMR), and fast-food king McDonald's (NYSE: MCD).
Tim Brugger (Intel): Despite sporting one of the tech industry's best dividends of 3% and delivering back-to-back record-breaking quarters with $14.8 billion in revenue -- a 14% year-over-year improvement last period -- Intel stock is flat in 2017. That may not seem Dividend Aristocrat-worthy, but Intel stock's lack of performance means it now offers outstanding value in addition to a high yield.
At 11.6 times future earnings, Intel's P/E is about half the current industry average. The stock is inexpensive as measured by almost every other valuation metric as well. The market's primary concern seems to be the continued strength of Intel's PC unit, which climbed again last quarter, 12% to $8.2 billion. Why would a strength cause angst? Because many pundits believe the PC market is dead, though there are a growing number of industry watchers beginning to think we may be near the bottom of the ongoing slump.
Source: Fool.com