June 4, 2012
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and consumer goods editor/analyst Austin Smith discuss topics across the investing world.
In today's edition, Brendan and Austin take a look at a segment with attractive long-term prospects: conglomerates. While these huge companies are certainly not going to double your money overnight, Brendan thinks that the recent market pullback presents an opportunity to add a solid dividend producer to your portfolio at an attractive valuation that you can own for the long term. In particular, Brendan's favorite three conglomerates are: General Electric, United Technologies, and 3M. Each of these companies sports dividend yields above the market average; GE's yield is 3.5%, while 3M has increased its dividend for a whopping 54 straight years. Check out the video below for more on each of these value plays.
While it's tough to go wrong with any of these three high-yielders, our analysts have compiled a list of their favorite big-time dividend stocks right now, and none of these stocks made the cut. To get access to the names of these high-yielders, check out The Motley Fool's free report "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here to discover the winners we've picked.