Show Entire Article
Dividends can be a way for investors to effectively safeguard returns during volatile times. Joseph Keating, CIO of RBC Bank Private Asset Management, shared some of his best dividend picks for investors.
“We’re focused on the highest quality names,” Keating told CNBC.
He recommended Colgate-Palmolive [ CL 84.15 
+0.07 (+0.08%) ], Proctor & Gamble [ PG 63.32 +0.15 (+0.24%) ], and Pepsi [ PEP 65.10 +0.13 (+0.20%) ], which offer 2 to 3 percent dividend yields.
“If you want to get higher, you can go into the pipelines—we like the energy infrastructure in the United States—names like Enterprise Product Partners [ EPD 34.25 +0.37 (+1.09%) ], Energy Transfer Partners [ ETP 47.64 +0.30 (+0.63%) ] and Plains All American Pipeline [ PAA 56.87 +0.45 (+0.80%) ],” he added.
Keating also likes the telecom giants AT&T [ T 25.62 +0.02 (+0.08%) ] and Verizon [ VZ 29.73 
-0.11 (-0.37%) ].
Show Entire Article
More Top Stories