3 Super-Low-Risk Dividend Stocks With Above-Average Yields You Can Hold Forever
Companies with higher-yielding dividends can be at higher risk. In many cases, the higher yield is an investor's reward for taking on more risk that the payout could get cut if market conditions deteriorate.
However, that's not always the case. Some higher-yielding dividend stocks are super-low risk. Chevron (NYSE: CVX), Cisco Systems (NASDAQ: CSCO), and Procter Gamble (NYSE: PG) are incredibly safe dividend stocks. They offer above-average payouts backed by some of the strongest balance sheets in the world. Thus, investors can hold them with confidence for a potential lifetime of dividend income.
Oil giant Chevron currently offers a 3.9% dividend yield. That's more than double the 1.7% dividend yield of the S 500.
Source Fool.com
Chevron Corp. Stock
€145.12
-0.900%
With 25 Buy predictions and not a single Sell prediction Chevron Corp. is an absolute favorite of our community.
With a target price of 179 € there is a positive potential of 23.35% for Chevron Corp. compared to the current price of 145.12 €.
