Comfort Zone Investing: Five stocks for income and growth

Filed under: Clorox Co (CLX), Verizon Communications (VZ), Comfort Zone Investing

Many investors need income, especially as they reach retirement. They look for ancillary cash flow to supplement their Social Security payments and any retirement benefits from a company for which they've worked. But those aren't the only investors who should be interested in income.

That's because studies show that dividends are a significant contributor to overall performance of a stock. When held for years, a stock's dividend can help diminish the volatility of a stock's price and keep returns reasonable, especially in down markets. Here are five stocks that have decent income as well as potential capital gains. All are exceptionally financially strong.

Verizon Communications (NYSE: VZ). Yield: 6.5%

Provides communication services in the United States and internationally. It operates in two segments, Wireline and Domestic Wireless. The Wireline segment provides voice, internet access, broadband video and data, next generation internet protocol (IP) network services, network access, and long distance services to consumers, carriers, businesses, and government customers. Operates a fiber-to-the-premises (FTTP) network under the FiOS service mark that offers bandwidth, and designed to handle future broadband and video-applications.

Continue reading Comfort Zone Investing: Five stocks for income and growth

Comfort Zone Investing: Five stocks for income and growth originally appeared on BloggingStocks on Sat, 17 Oct 2009 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments