Dividend stocks are always great to have in your portfolio since they are working to produce income for you. But, the dividend alone is not going to make the investment positive, investors still need quality stocks that can appreciate. Today we would like to highlight a few stocks that are attractive and pay out a decent dividend: Lorillard Inc. (NYSE:LO), Medtronic, Inc. (NYSE:MDT) and Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM)
Medtronic, Inc. (NYSE:MDT) is the healthcare supply giant that boasts a 2.29% dividend yield which is not all that outstanding, but don’t let it fool you, Medtronic is still a strong investment player. Similar to LO, MDT has had earnings growth in the past year that has accelerated moderately compared to earnings growth in the past three years. The stock shows some value as it PE multiple is lower than average for other stocks in the NYSE and NASDAQ. The stock is also showing a good uptrend with relative price strength increasing.
Source: Wall St Nation
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