High-yielding dividend stocks will look to benefit from the Federal Reserve's unexpected decision to keep stimulus measures in place. On Wednesday, the Federal Open Market Committee stated that more data supporting economic recovery would be needed before stimulus measure would be scaled back. The Fed’s decision is expected to provide a boost to defensive sector as their higher payouts appeal more to investors than bonds in a low interest rate environment, yields on 10-year Treasury notes dropped roughly 2.7 percent Thursday.
Colgate-Palmolive Company (NYSE: CL) shares traded in the range of $60.80 to $61.28 Thursday before settling to close at $60.97, a decrease of 0.36 percent. The stock appears to be facing some resistance at the $61.28 and $62.38 levels with some support at $60.68. The company offers an annual dividend of $1.36 a share, for a yield of roughly 2.23 percent. Shares of Colgate-Palmolive have gained approximately 16.0 percent in 2013.
More information on Colgate-Palmolive and access to the free equity report can be found at:
www.WallStreetFundamentals.com/CL
Kimberly Clark Corp. (NYSE: KMB) shares traded in the range of $96.68 to $97.98 Thursday before settling to close at $97.20, a decrease of 0.52 percent. The stock appears to be facing some resistance at the $97.47 and $99.71 levels with some support at $95.66. The company offers an annual dividend of $3.24 a share, for a yield of roughly 3.33 percent. Shares of Kimberly Clark have gained approximately 15.0 percent in 2013.
More information on Kimberly Clark and access to the free equity report can be found at:
www.WallStreetFundamentals.com/KMB
The Procter & Gamble Company (NYSE: PG) shares traded in the range of $79.79 to $80.53 Thursday before settling to close at $80.12 a decrease of 0.22 percent. The stock appears to be facing some resistance at the $80.68 and $81.13 levels with some support at $80.06. The company offers an annual dividend of $2.41 a share, for a yield of roughly 3.0 percent. Shares of Procter & Gamble have gained approximately 18.0 percent in 2013.
More information on Procter & Gamble and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PG
Wal-Mart Stores, Inc. (NYSE: WMT) shares traded in the range of $75.62 to $76.53 Thursday before settling to close at $76.21, a decrease of 0.27 percent. The stock appears to be facing some resistance at the $76.28 and $77.10 levels with some support at $75.23. The company offers an annual dividend of $1.88 a share, for a yield of roughly 2.5 percent. Shares of Wal-Mart Stores have gained approximately 12.0 percent in 2013.
More information on Wal-Mart Stores and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WMT
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