UK investors continue to flock to dividend stocks, and for good reason. These investments offer the potential for capital gains a steady stream of passive income. Here, I’m going to highlight three dividend stocks that investors in their 50s may want to consider.
These stocks all are slightly defensive in nature but still have the potential to provide attractive total returns (capital gains and income) over the long term. Consistent dividend growth First up is ( ), a bottling partner of the company. I see this stock as well suited to those in their 50s for a couple of reasons.
First, I don’t think people are going to stop drinking (and related products) any time soon. So the stock’s unlikely to suddenly fall off a cliff. Second, the ’s healthy at 3.
1% and the company has a great track record when it comes to dividend growth. Since paying its first dividend in 2013, it’s increased its payout every year. Of course, there’s a chance that consumer tastes and preferences could change in the future.
But with the stock trading on a of 14.5 (versus 22 for Coke), I like the risk/reward skew. It’s worth pointing out that just raised its target price to 3,100p from 3,000p.
That’s about 15% above the current share price. A long-term winner Next we have ( ). It’s an under-the-radar company that specialises in providing businesses with essential items such as safety equipment, hygiene products and disposable tableware.
Now, the yield here is only 2.3%. But I don’t see t.