3 Stocks to Buy With Dividends Yielding More Than 3%
Dividend stocks offer both income and long-term growth prospects. Smart dividend investors focus on the stocks that have the best chances of giving them both, maximizing their returns. Among above-average yielding stocks, Darden Restaurants (NYSE: DRI), Cypress Semiconductor (NASDAQ: CY), and Novartis (NYSE: NVS) all have dividend yields of more than 3% and good potential for the future.
Darden Restaurants has faced tough times lately, with consumers spending less money eating out -- especially in the casual-dining space. Faster options both from fast-casual specialists as well as more traditional fast-food establishments have forced Darden and its peers to compete more effectively, and it took a while for Darden to find the right strategies to produce growth.
Image source: Darden Restaurants.
Source: Fool.com
Novartis AG ADR Stock
Our community is currently high on Novartis AG ADR with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 112 € shows a slightly positive potential of 3.23% compared to the current price of 108.5 € for Novartis AG ADR.
