Which High Yield Dividend Stocks are Worth Buying?
Since I used Colgate-Palmolive (CL) as an example, let’s see how it stacks up as a new buy today. We already know that the company has paid uninterrupted dividends on its common stock since 1895 and increased payments to common shareholders every year for almost half a century. When it comes to dividends, this company is as solid as a rock. And when you look at the company’s fundamentals, all signs say this is a good stock to buy today. General Electric (GE) is also a good dividend stock to buy. GE is one of the most recognizable brands in the world and has a long dividend history. General Electric’s first dividend payment came in 1963 and has been faithfully paid ever since. However, as a company with operations in everything from technology and media to financial services, it has been hit hard by the recession. The stock is still off 50% from its highs and it appears that there is a long road ahead for the conglomerate. I would consider steering clear of this stock even with its divi