This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Rising Dividend Payers for a Bullish but Skittish Stock Market

I do not own DIS. I expect to have my TWX position called away as I am short in-the-money August calls. I'll leave a few bucks on the table, given TWX's strength in recent weeks, but I'm alright with this. I might write puts in an attempt to get long on a pullback.

I own VIAB in my daughter's custodial account. It's one of those stocks I will continue to buy approximately twice a month, holding all else constant.

On the other end of the M&A possibilities, it could make sense for Viacom to go after another stock I am buying for the custodial account -- Madison Square Garden (MSG).

MSG, with its foothold in the northeast, particularly the Tri-State area, could give Viacom what it needs to develop a meaningful presence in sports entertainment. If you don't have one, it's going to be difficult to compete as new media continues to evolve. Also, keep this in the back of your mind: MSG recently purchased the Forum, a somewhat forgotten Southern California venue that the Los Angeles Lakers used to call home.

Put BCE, as well as Canadian counterpart Rogers Communications (RCI) (up 7.6% over the last six months and 15.8% the last three), in a class by itself. As I have discussed frequently over the last year, given the relatively loose regulatory environment north of the border, the sky's the limit over the long-term for these two stocks.

Bottom line, by keeping a significant amount of capital in dividend-paying growth stocks, such as the ones mentioned in this article, you're not running and hiding in the face of what might be irrational fear. However, if the worst comes, you're probably better off having invested in this class of stocks than other more volatile ones that do not produce consistent income.

At the time of publication, the author was long BCE, RCI and TWX. He owns MSG and VIAB in a custodial account he manages for his minor child.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Rocco Pendola is a private investor with nearly 20 years experience in various forms of media, ranging from radio to print. His work has appeared in academic journals as well as dozens of online and offline publications. He uses his broad experience to help inform his coverage of the stock market, primarily in the technology, Internet and new media spaces. He has taken a long-term approach to investing, focusing on dividend-paying stocks, since he opened his first account as a teenager. Pendola, 37, is based in Santa Monica, Calif., where he lives with his wife and child.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
VIAB $46.52 0.04%
BCE $42.97 -0.09%
DIS $106.59 0.23%
TWX $72.79 -0.53%
VZ $44.36 0.14%


Chart of I:DJI
DOW 17,081.89 -49.97 -0.29%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,796.6090 -42.0340 -0.87%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs