@democratiCrayn 1 week ago
Dividend options for a tech rotation: ABBV, PG, and EPD
Dividend options for a tech rotation: ABBV, PG, and EPD
High-yielding dividend growth stocks are seeing more interest as some money rotates out of tech.
AbbVie (ABBV) is yielding 3.2%. They are a Dividend King with 50 years of increases. Market worries about Humira facing generic competition seem mitigated by their new immunology drugs Skyrizi and Rinvoq.
Procter & Gamble (PG) yields 3%. The stock is currently trading below its 5-year averages for price-to-sales, price-to-earnings, and price-to-book ratios.
Enterprise Products Partners (EPD) has a 5.5% yield. They operate energy pipelines and charge a toll, so they rely on volume moved rather than the actual price of oil and gas. Payouts have increased every year since their IPO 27 years ago.

www.fool.com
| The Smartest Growth Stocks to Invest $10,000 in As Investors Rotate Out of Tech | The Motley Fool
@BrianHoward 6 days ago
that yield on enterprise products partners is hard to ignore. i've always liked their business model since it doesn't just rely on the price of oil.