Big Stocks With Plump Dividends

Barrons Trend Spotting has Jason Pride of Glenmede giving some of dividend stock picks. Big Stocks With Plump Dividends

It looks like a good time to pick up some blue chips with nice dividends. Big stocks with stable payouts trailed smaller, riskier issues in the 2009 rebound, and some now trade at attractive prices.

Jason Pride, investment strategist at Philadelphia wealth manager Glenmede, cites McDonald's (MCD), helped by global consumer growth; Chevron (CVX), perhaps the strongest energy giant; and drug makers with undervalued pipelines, like Johnson & Johnson (JNJ) and Abbott Laboratories (ABT). All sport yields above 3%, histories of expanding payouts, and the cash to keep doing it.

Disclosure: The Div Guy owns shares of JNJ and ABT at the time of this post.