$18,000 in Verizon, UPS and General Mills Yields About $1,110 a Year
Updated
Updated · The Motley Fool · Jul 28
$18,000 in Verizon, UPS and General Mills Yields About $1,110 a Year
3 articles · Updated · The Motley Fool · Jul 28
Summary
$18,000 split evenly across Verizon, UPS and General Mills would generate roughly $1,110 in annual dividends, based on yields of 6.0%, 5.8% and 6.7%.
Verizon would contribute about $360 a year and looks relatively secure, with a payout ratio near 70%, single-digit growth and a valuation below 10 times forward earnings.
UPS would add roughly $350 despite investor concern over a payout ratio above 100%; adjusted net income rose 14%, the company beat quarterly expectations and raised its full-year outlook.
General Mills would provide about $400, backed by $1.6 billion in free cash flow versus $1.3 billion in dividends, even as the company restructures and targets $3 billion in cumulative savings by fiscal 2030.