I have been looking for good dividend stocks with growth and stability and its a hard slog. Perhaps the best I have found at this point I have identified is Man Group the huge hedge fund company that took a dramatic fall in the last few years and even recently has dropped some 28%. Having said that at this point is is selling at around 95p and pays a dividend of around 13%, has low PE and PEG and looks attractive. The other is the monster AVIVA, the largest insurance company in the UK, which has dropped about 8% in the last month or so and yet pays an 8+% dividend and at 318 looks to grow as management tries to turn it around. There are many contenders Astra Zeneca pays 6+% a PEG of only .7 indicating undervalue and has shown dividend growth of nearly 11%pa for the last 4 years. First Group the huge bus and railway transport company pays good dividends, but a lot of them have problems that often look intractable. Halfords pays good dividends but I think these huge chains of big stores are all going to go the way of Argos and Comet. The Internet will drive them into the ground. I am not buying just now but I am looking, as I think good long term dividend stocks that have growth potential are winners and reduce risk so should be a substantial part of any investment strategy. I will delve deeper into Man and revisit this story later.
No comments:
Post a Comment
Please leave me any comments. I look forward to replying.