3 of the Safest Dividend Stocks on Earth
Dividend cuts are one of those things that Dividend investors hate to see, and avoiding them starts by picking the right companies. There's no surefire method, but starting with companies that have a proven history of returning cash to investors is a good approach. From there, you need to look at a company's business and Dividend-paying ability.
Procter Gamble (NYSE: PG), T. Rowe Price (NASDAQ: TROW), and (NYSE: CVX) look like three of the safest dividend stocks in the world today.
Procter Gamble has increased its dividend every year for 67 consecutive years, making it a Dividend King. The dividend yield today is around 2.5%. That's roughly middle of the road for the stock, historically speaking, suggesting that it is trading at a fair price. The company is a giant in the consumer staples space.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a positive potential of 35.88% compared to the current price of 131.0 € for Chevron Corp..
