4 Dividend Stocks With Rock Solid Balance Sheets

Portfolio manager William McGough screens for dividend-paying stocks with strong balance sheets for his 50-stock Stadion Alternative Income Fund (TACFX) . And, while Microsoft's (MSFT) - Get Report stock may have been knocked down last month after its third quarter earnings miss, the company's cash hoard and three percent yield put it right up McGough's alley. 'The technology sector generally does not have many companies that pay a good dividend because of the nature of the growth aspect of the sector and Microsoft is one of those quality stocks that actually pays a good dividend, so therefor it makes its way in the portfolio,' said McGough. The Stadion Alternative Income Fund has returned 4.9  thus far in 2016, according to Morningstar.