If You Like This High-Yield Vanguard Fund, Then You'll Love These Two Dividend Stocks
Whether you are an experienced investor or just getting started, exchange-traded funds (ETFs) can be a great addition to your portfolio for their diversification and simplicity. Vanguard is one of the largest investment firms in the world, and offers plenty of low-cost ETFs like the Vanguard High Dividend Yield ETF (NYSEMKT: VYM).
Another good option is dividend-paying companies with track records of growing their earnings and boosting payouts over time. Utility American Electric Power (NASDAQ: AEP) is a stable stalwart, while oilfield services company Baker Hughes (NASDAQ: BKR) has more risk, but also higher growth potential.
Here's what makes these income-producing investments worth a closer look.
Source Fool.com
American Electric Power Inc. Stock
€82.50
-0.610%
Currently there is a rather positive sentiment for American Electric Power Inc. with 16 Buy predictions and 4 Sell predictions.
As a result the target price of 85 € shows a slightly positive potential of 3.03% compared to the current price of 82.5 € for American Electric Power Inc..
