Major U.S. equity indexes appear to have found some stable footing after enduring a steep one-month correction that wiped out nine months worth of gains for the S&P 500. In light of the equally impressive rebound we’ve seen since the trading frenzy on October 15th, it would appear that stocks are gearing up for another leg higher as we enter the final stretch of the year.
Looking ahead, the start of November marks the “Best Six Months” period according to the Stock Trader’s Almanac; the period spanning the months of November through April has historically been the most favorable time period for domestic equities. Also consider that gas prices have dipped in recent weeks and the jobs market has been slowly, but steadily, improving, and we have two tailwinds that fundamentally resonate well for consumer spending.
The Best Brands for DividendsNow, consider the quickly approaching holiday shopping season, the two fundamental factors mentioned above, as well as the “Best Six Months” period. Put another way, now might be an opportune time for investors who are looking to put their cash to work to consider some popular retailers. More specifically, we think it’s worthwhile to focus on the companies that have a history of bringing in shoppers as well as rewarding shareholders [see also Best Global Brands that Pay Dividends].
With that in mind, the table below features 10 well-known consumer goods and retail companies that also boast a solid dividend history:
(VFC) | V.F. Corporation | 41 |
(TIF) | Tiffany & Co. | 4 |
(TJX) | TJX Companies | 17 |
(JWN) | Nordstrom Inc. | 4 |
(M) | Macy’s | 3 |
(GPS) | The Gap Inc. | 4 |
(AAPL) | Apple Inc. | 1 |
(BBY) | Best Buy | 2 |
(COH) | Coach, Inc. | 5 |
(NKE) | Nike Inc. | 5 |
While you may not have heard of V.F. Corporation (VFC), this dividend-payer not only boasts an impressive track record, but is also the force behind some very popular clothing brands, including: The North Face, Timberland, Wrangler, and licensed MLB and NFL apparel.
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