Which High-Yield Dividend Stock Is Cheaper: Stanley Black & Decker or Constellation Brands?
Dividends are a way for companies to reward shareholders by paying out a portion of their profits, and smart investors are on the lookout for good dividend stocks to buy.Stanley Black & Decker (NYSE: SWK) and Constellation Brands (NYSE: STZ) have dividend yields as I write this of around 4% and 2.3%, respectively. That's much higher than the S&P 500 index's 1.3%, so they look tantalizing.However, merely buying a stock because of its yield can lead to poor investment decisions. And looking just at share price won't tell you whether a stock is "cheap." Between Stanley Black & Decker and Constellation Brands, which is the better buy?Continue reading
Dividends are a way for companies to reward shareholders by paying out a portion of their profits, and smart investors are on the lookout for good dividend stocks to buy.
Stanley Black & Decker (NYSE: SWK) and Constellation Brands (NYSE: STZ) have dividend yields as I write this of around 4% and 2.3%, respectively. That's much higher than the S&P 500 index's 1.3%, so they look tantalizing.
However, merely buying a stock because of its yield can lead to poor investment decisions. And looking just at share price won't tell you whether a stock is "cheap." Between Stanley Black & Decker and Constellation Brands, which is the better buy?
