“Ka-ching! Dividend investors live for that sound. Each quarter thousands of companies hand over their excess cash to investors,” Daniel Sparks writes for Seeking Alpha. “But not all dividend stocks are equal.”
In fact, some are straight up risky while others are extremely promising,” Sparks writes. “So how do you find an excellent dividend stock? It’s simple. Look for companies with loads of cash. Case in point, Apple — a dividend investor’s dream stock.”
Sparks writes, “There’s no denying it. Apple is an excellent dividend stock — maybe one of the best. If you can identify a stock out there with a dividend yield in excess of 2.5% that also scores higher than Apple on FCF-to-sales, cash per share, and payout ratio, I’d love to hear about it. Until then, Apple tops the list.”
Read more in the full article here.