Five Dandy Dividend Plays

By | July 8, 2007

Five Dandy Dividend Plays

1. Canadian Oil & Gas Trusts

Penn West Energy Trust (NYSE:PWENews), Primewest Energy Trust (NYSE:PWINews), Fording Canadian Coal Trust (NYSE:FDGNews), and Knightbridge Tankers (NasdaqGS:VLCCFNews)

2. Energy Master Limited Partnerships

Buckeye Partners (NYSE:BPLNews) and Kinder Morgan Energy Partners (NYSE:KMPNews), both of which have yields of around 6% and are targeting distribution growth at 8% annually

3. Dividend ETFs and Mutual Funds

iShares Dow Jones Select Dividend Index Fund (NYSE:DVYNews), an ETF with a 3.4% dividend yield and a dividend growth rate year-to-date of 7.7%

Vanguard Dividend Appreciation Index Fund (AMEX:VIGNews)

Alpine Dynamic Dividend Fund (NASDAQ:ADVDXNews)

4. Growth Stocks That Fall Between the Cracks

Coca-Cola (NYSE:KONews) and Sysco (NYSE:SYYNews) each have impressive dividend growth potential of about 10% per year. 3M’s (NYSE:MMMNews) current yield is closer to 2%, but it also has a good chance of increasing its dividend by 10% annually

5. REITs

First Potomac Realty Trust (NYSE:FPONews)

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