ByJACK HOUGH
Heir to "Jackass"> (and I mean that reverently), MTV s new stunt show "Nitro Circus" treats viewers each Sunday night to a fresh half-hour of daring and idiocy (and I mean that appreciatively). Cast members dangle from helicopter skids, race tricycles at high speeds down winding hills or just put antlers on a chubby, shirtless pal and have at him with paint ball rifles. All this, with hope but no promise that the show will achieve the financial success of its predecessor.
That s about what it feels like to buy stocks today. Once considered a place for safe money, General Electric (GE)
To boost your bravery (for the shares), improve your odds by shunning companies with heavy exposure to credit losses, especially on mortgages. One in five U.S. homeowners now owes more than their home is worth, and prices are widely expected to fall further. Also, favor companies with minimal debt and sales that, if not growing at the moment, are dipping only modestly.
And above all, look for rich dividends. Those are getting a bad name at the moment because a rash of companies have cut payments in recent weeks. But more have increased them. Among America s 500 largest companies, 48 have boosted payments this year, nine more than have trimmed or quit them.
The five companies listed below seem like survivors that can keep the payments coming. Their yields top 4%, which is enough to double an investor s money in 14 years, assuming flat share prices and reinvested payments.
Coca-Cola (KO)
Intel (INTC)
Emerson Electric (EMR)
| Ticker | Company | Industry | Share Price | Market Value ($mil.) | Forward P/E | Yield (%) |
|---|---|---|---|---|---|---|
| KO | Coca-Cola | Soft Drinks | $38.83 | 89,835 | 12 | 4.2 |
| INTC | Intel | Computer Chips | 12.28 | 68,301 | 31 | 4.6 |
| MMM | 3M | Conglomerate | 43.12 | 29,916 | 10 | 4.7 |
| KMB | Kimberly-Clark | Personal Products | 46.10 | 19,074 | 11 | 5.2 |
| EMR | Emerson Electric | Industrial Equipment | 25.25 | 19,065 | 10 | 5.2 |



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