Are you looking to expand your portfolio with some high value dividend stocks? Adding some blue chip companies while adding some quarterly returns is a great way to add stability to any portfolio, and the Motley Fool has two picks that can net investors a healthy sum.
The first is Deere & Company:
Deere is a rather conservative dividend payer: It hasn’t raised its $0.60 quarterly dividend since fiscal 2014. This has to do in part with the nature of the agricultural and construction industries in which Deere sells its equipment — their tendency to move in boom and bust cycles makes management cautious in its quarterly dividend increases. Nonetheless, the dividend yields 2% at current share price, and Deere’s dividend payout ratio weighs in at a very lean 37.1%. With reinvested dividends, a shareholder in Deere & Company would have averaged an annualized total return of 14% over the last five years.
The second is Douglas Dynamics Inc.:
This focus on dividends leads to a somewhat high payout ratio of 75%. At present, Douglas’ dividend yields 2.75%.
To find out more go to fool.com. For access to more financial news every day, sign up for our free newsletter down below.
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