Time to Panic? Look a Dividend Yields!

Time to Panic? Just the Opposite

Excerpt:

Another strategy is to focus on dividends—getting paid to wait for the market to recover. The downdraft has caused a lot of robust yields, especially when compared with the 2.44% yield on 10-year Treasurys.

Pfizer, which trades at 8 times forward earnings, is paying a 4.5% dividend yield. Merck, also trading at 8 times forward earnings, boasts a 4.7% dividend yield. Verizon, trading at 15 times forward earnings, is yielding 5.5% and AT&T, trading at 12 times forward earnings, is yielding 5.9%.

Comment: Consider Kimberly Clark.