This High-Yield Stock Could Give Retirees Some More Good News This Week
Williams Companies (NYSE: WMB) has everything a retiree could want in a dividend stock. Not only does it pay a high yield -- it's currently up to 6.5% -- but it also offers attractive growth prospects. That has been evident in the energy company's financial results so far this year, as earnings were up nearly 9% year over year through the second quarter, while cash flow had spiked 21%. That fast-paced growth has enabled the company to increase its dividend 11.8% over the past year.
The pipeline giant could have even more good news for its retirement-focused investors when it unveils its third-quarter results later this week. Here's what it could say that would give investors reason to cheer.
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Source Fool.com
