From Greg Jennings of OMC Financial Services:
In light of recent market and economic events, now may be the perfect time to take a look at dividend paying stocks.
**Attractive yield compared to bank accounts, CDs and bonds
**Dividends can be used to offset a price decline in a stock or add to the overall value if the stock’s price goes up
**Dividends can be a sign of a company’s strength
**Many companies have a history of raising dividends – it’s like a built-in pay raise
Where can you find dividend paying stocks? Some sectors, such as utilities, are well-known for their dividend paying history. You might also check out:
>Dividend Aristocrats
**Companies within the S&P 500 that have increased their dividends every year for at least 25 consecutive years
**Compiled by Standard and Poor’s Inc.
**Learn more at www.standardandpoors.com
>Dividend Achievers
**Various indexes of companies that have increased their dividends every year for at least 10 consecutive years
**Examples include: U.S. Broad Dividend Achievers Index and International Dividend Achievers Index
**Compiled by Indxis Inc. and Mergent Inc.
**Learn more at www.indxis.com
